LUKSO Hits Self Reported Market Cap of $1.85 Million (LYXe)

by · The Markets Daily

LUKSO (LYXe) traded flat against the US dollar during the 24 hour period ending at 7:00 AM Eastern on July 2nd. One LUKSO token can now be purchased for approximately $0.0995 or 0.00000165 BTC on exchanges. LUKSO has a market cap of $1.85 million and $13.86 worth of LUKSO was traded on exchanges in the last day. In the last seven days, LUKSO has traded down 36.7% against the US dollar.

Here’s how other cryptocurrencies have performed in the last day:

  • Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
  • CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
  • Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
  • Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
  • Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
  • SolvBTC (SOLVBTC) traded up 4.5% against the dollar and now trades at $61,071.75 or 0.99769781 BTC.
  • SolvBTC.BBN (SOLVBTC.BB) traded up 1.3% against the dollar and now trades at $59,906.44 or 0.99515285 BTC.
  • AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

LUKSO Token Profile

LUKSO’s genesis date was July 27th, 2018. LUKSO’s total supply is 100,000,000 tokens and its circulating supply is 18,600,000 tokens. The official website for LUKSO is lukso.network. The Reddit community for LUKSO is https://reddit.com/r/lukso and the currency’s Github account can be viewed here. LUKSO’s official Twitter account is @lukso_io. The official message board for LUKSO is medium.com/lukso.

According to CryptoCompare, “LUKSO, the Blockchain for the new digital lifestyle is created by former Ethereum Developer Fabian Vogelsteller, author of ERC20 and ERC725, developer of web3.js and the Mist Browser. LUKSO is a multiverse blockchain network where the worlds of fashion, gaming, design, and social media intersect. It focuses on bringing Blockchain to the masses, through its smart contract-based blockchain, industry involving standards processes, and an innovative new direction of decentralized applications. What are LYX and LYXe? LYX is the native cryptocurrency of the future LUKSO Blockchain. It is the fuel of the decentralized LUKSO ecosystem. LYX is required for transaction fees, which block producers receive, as well as for staking to participate in the consensus process. LYXe is the representation of LYX on the Ethereum Blockchain. The Reversible ICO releases LYXe to its participants. Once the LUKSO main-network launches a process will be created to migrate LYXe to LYX on the LUKSO Blockchain. How does the Reversible ICO (rICO) work? The Reversible ICO (“rICO”) allows you to buy LYXe over time, while maintaining the ability to reverse your commitment partially at any point within 8 months. Instead of buying LYXe instantly like in a regular ICO, the rICO allows you “reserve” a desired amount of LYXe, which will then be purchased automatically throughout the period of the 8 months at your initial commitment price. NOTE: Before you have verified your identity (KYC) your price can still change. Should between your initial reservation and your whitelisting the price change, you will reserve automatically in the current higher price stage. If you do not want that, you can always return your ETH immediately. You can return any un-bought LYXe to the rICO smart contract address at any point in time, and you will receive the corresponding ETH back. Unlocked LYXe can not be reversed. The total LYXe balance will be automatically visible in your wallet after you “reserve” and you verified your identity. You will only be able to move and transact with the part of the balance that is finally bought and not reversible. Discord, YouTube, Medium, GitHubWhitepaper”

Buying and Selling LUKSO

It is usually not possible to purchase alternative cryptocurrencies such as LUKSO directly using U.S. dollars. Investors seeking to acquire LUKSO should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase LUKSO using one of the aforementioned exchanges.

LYXe/USD price chart by TradingView