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Lattice Token

LTX

Price
$0.32
11/28/2022, 7:32:08 PM
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Trade Lattice Token on DEX

Lattice Token can be traded on a decentralized exchange (DEX) using your Coinbase dapp wallet.

Market

Market stats

Market cap

$9.1M

Volume (24h)

$25,454.49

Circulating supply

28.7M LTX

All time high

$2.78

Price change (1h)

-0.28%

Price change (24h)

-3.17%

Price change (7d)

+5.17%

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Lattice Token is on the rise this week.

The price of Lattice Token has risen by 5.17% in the past 7 days. The price declined by 3.17% in the last 24 hours. In just the past hour, the price shrunk by 0.28%. The current price is $0.317247 per LTX. Lattice Token is 88.59% below the all time high of $2.78.

The current circulating supply is 28,653,895.88 LTX.

About

What Is Lattice Token (LTX)?

Lattice token (LTX) is the token offering of the Lattice Exchange. According to its whitepaper, as a DEX, the platform runs on AMM, Automated Market Maker protocols. Lattice Exchange aims to support seamless exchange between blockchains using DeFi. The platform seeks to employ tools such as Constellation's protocols to distribute data across DeFi networks efficiently.

As mentioned in its whitepaper, the Lattice Exchange platform aims to offer the following features to its users:

  • Use of liquidity pools with AMM

  • An efficient algorithm for exchanges across blockchains

  • Launchpad for new projects

  • Lending for new projects

  • AMMs specific to the assets

  • Offer Lattice Token or LTX The platform aims to use the unique algorithm and other features to ensure better liquidity for the asset providers and users. An algorithm is a set of instructions that helps computers solve a problem. Also, liquidity is the ease of conversion of one asset into another.

LTX, the native token on the platform, is a governance token. LTX can give the users the voting power to manage activities on the platform. The users and liquidity providers get rewards as LTX tokens. To moderate token numbers and the value, the platform also aims to use methods such as burning a percentage of tokens after reward distribution.

Token burning is removing the tokens from circulation to moderate the value. So, burning activities can enhance the value of LTX, as per the whitepaper. The distribution parameters set by the platform is as follows:

  • Twenty-five percent of tokens as private and public distribution.

  • Forty percent of tokens in mining (the platform plans to mint LTX daily)

  • Fifteen percent allotted to the team and advisors

  • Ten percent for marketing, and ten percent as reserve The platform aims to emerge as a new DeFi with innovative applications in blockchain and unique projects. The platform aims to reward users in multiple ways for involvement in the projects.

History of Lattice Token (LTX):

The private and public sales of LTX token was in 2020. The development of Lattice Exchange was in the year 2021, followed by a KYC portal for projects such as launchpad and lending. The team of LTX comprises Michael Brand, who is the chief product officer. The rest of the team consists of cofounders Mathias Goldmann, the COO, Ben Jorgensen, the CEO, Benjamin Diggles, chief strategy officer. Others include Alex Brandes, who takes care of development, and Christy Lai, who handles design. The total token supply of LTX is 100 M.

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FAQ

What is the current price of Lattice Token?

The price of 1 Lattice Token currently costs $0.32.

What is the market cap of Lattice Token?

The current market cap of Lattice Token is $9.09M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Lattice Token?

The all-time high of Lattice Token is $2.78. This all-time high is highest price paid for Lattice Token since it was launched.

What is the 24 hour trading volume of Lattice Token?

Over the last 24 hours, the trading volume of Lattice Token is $25.45K.

What other assets are similar to Lattice Token?

Assets that have a similar market cap to Lattice Token include Gelato, Particl, BabySwap, and many others. To see a full list, see our comparable market cap assets.

How many Lattice Token are there?

The current circulating supply of Lattice Token is 29 million.