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LBRY Credits

LBC

Price
$0.0106
11/28/2022, 5:29:32 PM
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Market

Market stats

Market cap

$7.4M

Volume (24h)

$8,784.18

Circulating supply

654.2M LBC

All time high

$2.50

Price change (1h)

+0.3%

Price change (24h)

-2.81%

Price change (7d)

-10.02%

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LBRY Credits is on the decline this week.

The price of LBRY Credits has fallen by 10.02% in the past 7 days. The price declined by 2.81% in the last 24 hours. In just the past hour, the price grew by 0.30%. The current price is $0.010583 per LBC. LBRY Credits is 99.58% below the all time high of $2.50.

The current circulating supply is 654,237,214.88 LBC.

About

What Is LBRY Credits (LBC)?

According to the website, LBRY is an open, secure, and community-operated virtual marketplace. The LBRY marketplace requests everyone to contribute to forming a more accessible online platform for sharing information and content. Moreover, the LBRY foundation is known as a non-profit association. The association is committed to developing, growing, and accepting the LBRY network in a manner decided by its community. 

LBRY utilizes a public, proof-of-work blockchain quite similar to Bitcoin. The blockchain is the basis of the protocol heap. One of the LBRY blockchain features is the relationship between a normalized line of characters (a “name”) with a definite metadata set, called a claim. The content assigned by a claim can be used as an LBRY URL, for example, lbry://hellolbry. As blockchain is the invention that makes LBRY feasible, the Data Network is the unique layer that creates the valuable blockchain. 

Applications are the absolute rank of the LBRY stack, representing how maximum users can use LBRY. Applications typically utilize the lbry-sdk, which gives suitable API methods for designing applications. Lbry-sdk supplies data network processes, and SDK offers local wallet usage and a bunch of APIs to enable building applications. LBRY Inc. presently releases and supports three applications:

  1. LBRY Desktop is a vital desktop browser designed for the LBRY network established in React and Electron, is available on Linux, Windows, and macOS.

  2. LBRY Android is an Android browser for the LBRY network in React Native and is available in the play store.

  3. spee.ch is known as a web-based sharing and executive app created for self-hosting.

 Furthermore, the primary motive of LBRY is that there’s no particular way of interacting with the network. Any user can make it on top of LBRY in a permissionless method. LBRY Inc. upholds open-source applications to display feasibility and provide new participants with a valuable and user-friendly network experience. And its native token, the LBC token, is primarily designed to make a global, decentralized, vital, optimal, and comprehensive market for publishing and accessing information.

History of LBRY Credits (LBC)

The founders of the token are Jeremy Kauffman and Alex Grintsvayg.

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FAQ

What is the current price of LBRY Credits?

The price of 1 LBRY Credits currently costs $0.0106.

What is the market cap of LBRY Credits?

The current market cap of LBRY Credits is $7.36M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of LBRY Credits?

The all-time high of LBRY Credits is $2.50. This all-time high is highest price paid for LBRY Credits since it was launched.

What is the 24 hour trading volume of LBRY Credits?

Over the last 24 hours, the trading volume of LBRY Credits is $8.78K.

What other assets are similar to LBRY Credits?

Assets that have a similar market cap to LBRY Credits include RFOX, ETHAX, TitanSwap, and many others. To see a full list, see our comparable market cap assets.

How many LBRY Credits are there?

The current circulating supply of LBRY Credits is 654 million.