What is LockPay and is it a pump and dump scheme?

Image Source: © Stevanovicigor | Megapixl.com

Highlights

  • LockPay claims that its vision is to give financial freedom to people through the law of compounding.
  • The LockPay crypto was introduced as a rebase token to protect people from the Pump and Dump schemes.
  • LockPay’s whitepaper mentions that a person can turn an investment of US$ 100 into US$ 1.6 million within 14 months.

Amid the declining crypto market, LockPay crypto appears to be gaining attention. As of writing, the global crypto market cap was down by 4.1 per cent to US$ 1.26 trillion.

The data of LockPay crypto is not tracked by popular cryptocurrency websites like CoinMarketCap and CoinGecko. However, according to a website named Nomics, the price of the LockPay crypto was up by 51 per cent, and it was trading at US$ 0.015457 per token at 9 AM EST.

Meanwhile, the volume of the LockPay crypto soared 48 per cent to reach US$ 459,265. As there is not much information available about the LockPay crypto, let's find out more about it:


 


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