LUXCoin Price

There are two schools of thought when it comes to determining the price of a cryptocurrency like LUXCoin.
By way of intrinsic value: Intrinsic value is typically assessed through on-chain metrics, project metrics, and financial metrics of LUXCoin, collectively known as fundamental analysis. Factors such as the law of supply and demand, tokenomics, use case, project roadmap, and the regulatory and governance environment will influence the long-term value of LUXCoin.
By way of price action: technical analysis , using candlestick chart patterns and indicators like MACD, RSI, and Bollinger Bands, forecasts the price of LUXCoin on the basis that history tends to repeat itself.
Since candlestick charts reflect market sentiment, news announcements and community sentiment can also significantly influence the price action of LUXCoin.
Long-term investors usually favor fundamental analysis, while short-term traders often depend on technical analysis. In practice, combining both approaches can yield intriguing scenarios for LUXCoin and the broader cryptocurrency market.

LUXCoin achieved the all-time high of $49.92 in 2018-01-12, and is currently trading at $0.003039.

LUXCoin reached its all-time low of $0.0001647 on 2024-09-16.

The current market cap of LUXCoin is $9.86K, as 3.24M LUX is trading at the price of $0.003039.

There are currently 3.24M LUX circulating in the market. These LUXCoin can be actively traded or used in the open market.

The maximum supply of LUX is ∞ , which includes its circulating supply, locked or staked supply, and the supply that has yet to be mined, minted, or created.

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of LUXCoin is $182.35K. The FDV is calculated taking the assumption that all supply of LUXCoin is circulation, multiplied by its current price of $0.003039.

Using an algorithm to automatically identify historical data trends, this LUXCoin price prediction adjusts its forecast from time to time based on current market conditions. With advanced machine learning, this prediction tool can help investors gauge market probabilities before making investment decisions.

LUXCoin offers a good potential ROI due to its inherent volatility, which presents numerous profit opportunities. However, this volatility is a double-edged sword, making it suitable for investors with high risk tolerance and a strong financial position. It is crucial to remember that LUXCoin and the broader crypto market are subject to extreme market conditions, regulatory changes, social media influence, and other unpredictable factors. Therefore, it is advisable to exercise risk management and do your own research (DYOR) before investing in LUXCoin.

You can buy LUXCoin via Gate by following the steps on how to buy LUX once you have funded your account.