Why is LCX (LCX) crypto gaining attention?

July 01, 2022 11:49 PM AEST | By Rupam Roy
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  • The Blockchain Research Institute of Canada has LCX named "Blockchain Pioneer".
  • The token can be traded on exchanges like Uniswap (V3), Kraken, etc.
  • The LCX token returned over 119% gains in the last 12 months.

The LCX (LCX) crypto increased by over 5% on Friday morning as the global crypto market saw some slight recovery, rising 0.94% to US$864.01 billion in the trailing 24 hours to 7:47 am ET.

LCX’s volume rose 34%, while the market volume’s increased by 13.39% to US$73.65 billion.

What is LCX crypto?

LCX is a regulatory-compliant platform and provides secured crypto trading services. Its platform supports buying, selling, and storing of digital currencies. It claims to comply with blockchain laws strictly.

LCX, or the Liechtenstein Cryptoassets Exchange, was founded in 2018. It is based in Liechtenstein with offices globally.

It is a member of the Centre for the Fourth Industrial Revolution, one of the World Economic Forum (WEF) bodies.

The Blockchain Research Institute of Canada has named it a "Blockchain Pioneer".

LCX claims to have obtained eight crypto-based registrations from the Financial Market Authority Liechtenstein.

LCX.com parent LCX AG has a registered share capital of around one million CHF (Swiss franc).

The LCX token powers LCX.com and the LCX crypto exchange. The token is available for trading on crypto exchanges like Uniswap (V3), Kraken, Coinbase Exchange, etc.

LCX (LCX) crypto price and performanceData Source: CoinMarketCap.com

Bottom line:

The LCX crypto was priced at US$0.0602 at 8:07 am ET on July 1, up 5.85%, while its volume for the trailing 24 hours rose 34.39% to US$495,308. It has a market cap of US$45.65 million, and its fully-diluted market cap is US$56.67 million.

The token has a total supply of 950 million, and its current circulating supply is over 757.85 million. Although it has traded in the red this year so far, it returned gains of 119.05% in the last 12 months.

The LCX crypto saw the highest price of US$0.101 and the lowest price of US$0.05157 in the last 30 days.

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