Is LCX token a safe bet for 2022?

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Is LCX token a safe bet for 2022?

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 Is LCX token a safe bet for 2022?

Highlights

  • LCX has been rallying on Monday on the back of the announcement of The DigiCorp Labs DigiMetaVerse (DGMV) Token Sale.
  • The volume rose by a massive 1300% and an overall price rallied by 60%. 
  • LCX is ranked 288 on CoinMarketCap, and it is currently trading at the US $0.274996 with a 24-hour trading volume of US $61,392,772.

LCX cryptocurrency, the native token of The Liechtenstein Cryptoassets Exchange (LCX) blockchain service, is seeing a massive rally on Monday following its announcement of the DigiCorp Labs DigiMetaVerse (DGMV) Token Sale. The Liechtenstein Crypto Exchange (LCX) debuted in 2018 and offers the users a platform to buy, sell and store cryptocurrencies. 

On Monday, following the announcement, the token’s volume rose by a massive 1300% and an overall price rallied by 60%. 

The DGMV token sale is the much-awaited event in the metaverse world, which aims to real commercial metaverse products to institutions. The token sale is managed by the LCX exchange, which seems to have given the token the much-needed push in recent times. In order to participate in the token sale, the users would require a verified LCX account.

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LCX crypto at a glance 

Being well-regulated, LCX offers users a straightforward swap between traditional and digital mediums for transactions. Working as a long-term sustainable mechanism, the LCX Token allows the stakeholders to participate without worrying about losing the data. 

The LCX Token can be utilised to pay transaction fees, custodian solutions LCX Vault, exchange fees for fiat-crypto-fiat transactions and many more. Besides, the LCX crypto offers the users a bargain of up to 50% along with rewards for stakers on the platform.

How is LCX faring in the market?

LCX is ranked 288 on CoinMarketCap, and it is currently trading at the US $0.274996 with a trading volume of US $61,392,772 over a day’s time. At the time of drafting (BST 7:30 am), LCX was up by 55.80% in the last 24 hours. LCX has a 24-hour market cap of US $204,352,081 with a maximum supply of 743,109,241 LCX coins. 

Also read: What is SPELL Crypto? Is it worth your attention?

Conclusion 

Backed by a strong advisory board, LCX has been gaining momentum of late. LCX is also one of the proud members of the World Economic Forum's Centre for the Fourth Industrial Revolution, and it offers the users variety of choices to invest in.

Being well regulated, experts believe that it offers investors an ideal platform to invest in. Experts are expecting a bullish trend for LCX crypto. They believe that the crypto is on the road for a steady run in the next five years, it has the potential to grow by +581.45% and could reach to US$681.45 by 2026. 

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