Jake Claver said a couple of times that the XLM source code has 7 digits hard-coded for unit price, meaning that if it's to be used for small transactions, the price would have to be set with some digits on the right-hand side of the decimal place, and therefore the unit price (1 XLM) would probably be max 3 digits USD value (e.g. 1 XLM = $100, for example). You're right about short-medium term returns; it may outperform XRP in that regard. But due to XRP's required utility price, long-term, XRP seems like a bigger return in my opinion. Not financial advice.
Jake Claver said a couple of times that the XLM source code has 7 digits hard-coded for unit price, meaning that if it's to be used for small transactions, the price would have to be set with some digits on the right-hand side of the decimal place, and therefore the unit price (1 XLM) would probably be max 3 digits USD value (e.g. 1 XLM = $100, for example). You're right about short-medium term returns; it may outperform XRP in that regard. But due to XRP's required utility price, long-term, XRP seems like a bigger return in my opinion. Not financial advice.
Well said..
Very informative video 🎉 I hold both, but I hold more XLM than XRP
xlm also has smart contracts.
XLM will hits 500 before the end of 2030🎉
Thank you for the video
Thanks for watching!
Thank you for the video can you do another video on the dismantling that will happen in the United States?
Yes, next video..
I only could afford 3k XLM at .41 cents average
I will not sell my xpl xrp xdc I have other coins that I can take profit
You sound like you didn’t accumulate enough XRP when it was at 0.50 cents😂😂
XLM is still below $0.50 so not too late lol