What is LCX (LCX) token? All you need to know

January 22, 2022 08:31 AM AEDT | By Rupam Roy
 What is LCX (LCX) token? All you need to know
Image source: Lukasz Stefanski,shutterstock

Highlights

  • The LCX token’s 24-hour trading volume was up over 3060%.

  • The token returned over 457% gain over the past 12 months.

  • The token logged an all-time high of US$0.7048 on November 16. 

The trading volume of the LCX (LCX) token surged over 3,060% in the last 24 hours to Friday evening, although its price slumped over 12% amid a volatile crypto market.

What is LCX (LCX) crypto?

LCX offers services for compliant digital assets and security tokens. It is a secured, sustainable platform to buy, sell, transfer, and store digital currencies.

According to the firm, it is a regulated trading platform for several cryptocurrencies. It aims to boost the professional crypto finance industry.


Also Read: Why Voyager Token’s (VGX) trading volume zoomed 219% today?

LCX is built on a blockchain ecosystem that enables institutional investors, merchants, and crypto enthusiasts to access cryptocurrencies in a secured and safe ecosystem.

LCX stands for Liechtenstein Cryptoassets Exchange. It was founded in 2018 and is based in Vaduz, Liechtenstein. It has its offices in Switzerland, India, and the US.

It is the native token of the LCX ecosystem and LCX Cryptocurrency Exchange. It offers a discount of up to 50% on LCX's pliant digital assets trading fees.

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LCX (LCX) token: Pricing and Performance

The LCX token was priced at US$0.1097 at 1:05 pm ET on January 21, down 12.56%. Its trading volume for the last 24 hours to Friday evening was US$4.64 million, representing an increase of over 3,060.18%. It has a market cap of US$81.89 million, and its diluted market cap is US$104.64 million. Its current circulating supply is 746.60 million.

The LCX token saw the highest price of US$0.7048 and the lowest price of US$0.01309 in the last 52 weeks. It logged an all-time high of US$0.7048 on November 16, 2021.

Also Read: Top 5G stocks to explore as US rolls out the service

Bottomline

The LCX token returned gains of 457.01% over the past 12 months. However, investors should consider the market volatility and other risk factors before investing in digital currencies.


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