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Buy or Exhange Lynx at the Best Market Price Today.
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"Lynx was launched on 24 December 2017 by a team based in Charlotte, N.C., and aims to create a stable, eco-friendly platform for application developers to use for storing and verifying critical data. The open-source Lynx blockchain is used by the for-profit company, Logware, to store data where immutable transparency is a key factor (i.e IoT sensors, transaction receipts, data loss prevention) for both encrypted and plaintext application use cases. At Lynx (which started as a downstream clone of Litecoin), the team believes that for blockchain to be considered a secure platform in today’s marketplace, it must be created with global sustainability in mind. As such, its business rules discourage high-volume mining hardware because the code purposefully lacks incentives to mine it for profit. In addition, the entire Lynx network is designed to operate on a collaboration of low power devices (like Raspberry Pis) that everyday, non-technical users can run, resulting in a collective global mining cost of only dollars a day. This includes mining the coin and confirming transactions. To accomplish this, the lead technical designer created ‘Hybrid Proof of Work’ to solve four primary problems related to standard Proof of Work (PoW). First, PoW encourages competitive, profit-driven mining. Second, competitive, profit-driven mining demands the use of expensive, high-powered computer processing to secure the network. Third, expensive, high-powered processing power is a barrier to entry for individuals who want to participate by mining the coin. This creates a hierarchical and inequitable system based on who can afford high-powered mining hardware and the electrical costs associated with them, and as a result, few miners control the entire network. Fourth, mining farms are filled with mining hardware that consume an ever-growing amount of electricity. Hybrid Proof of Work reportedly brings stability to Lynx and maintains network integrity because of: The low cost to maintain mining hardware in the global Lynx network. The low work output of discrete mining hardware in the global Lynx network. The lilliputian impact to the global Lynx network upon acute mining hardware failure. Additional technical information can be found in the latest version of the white paper (co-written by Ben Wilson and Dr. A. Carreiro, published on March 17, 2019.) It includes information about the basic coin parameters, the HPoW phases of activation, and the block validation process. The white paper also includes information for non-technical users."
The current price of 1 Lynx in USD is $0.00006485.
This price is currently -94.63% than its all-time high (ATH) of $0.001213,
and 1048487.22% than its all-time low (ATL) of $6.21E-009.
Please note that cryptocurrency prices are highly volatile and can change rapidly depending on market conditions,
investor sentiment, and exchange platform variations. It's important to stay updated with the latest market trends to understand the fluctuations in Lynx’s price.
The market capitalization of Lynx is $0.00E+000 as of today.
Lynx is currently ranked # in the market, and this market cap is calculated by multiplying the current price of Lynx with the circulating supply.
The circulating supply of Lynx is 0, meaning there are 0 tokens in circulation.
It is important to note that the market cap can fluctuate significantly due to the volatility of cryptocurrency prices, as well as changes in the circulating supply based on mining or token burns.
The market cap reflects the overall value of Lynx in the market and provides an insight into its market dominance and potential for future growth. For the most accurate and up-to-date information, always check the latest market updates on Lynx’s official platforms.
The trading volume of Lynx today is $1.950.
This represents the total value of Lynx transactions in the market over the last 24 hours.
A higher trading volume indicates strong market activity, liquidity, and interest in the token.
As of now, Lynx is being actively traded across several exchanges, with buyers and sellers participating in high - frequency transactions.
The trading volume metric, which plays a vital role in market assessment, reveals the extent of Lynx's market activity and liquidity. Market interest remains strong when trading volumes are high because considerable trading activity means individual transactions have a limited impact on market price. coin.Name stands out as the most actively traded cryptocurrency because of its large trading volume. Institutions and people use it to sell and store monetary value.
Monitoring trading volume is crucial as it helps identify trends in market sentiment, potential price volatility, and overall token demand.
Stay informed about the latest updates on Lynx to make well-informed trading decisions.
The all-time high (ATH) price of Lynx is $0.001213.
This ATH was reached on 14 Mar 2021, marking the highest value ever for Lynx in the market.
Currently, Lynx is lower than its ATH by -94.63%,
reflecting a lose since its peak.
ATH values are essential for understanding the maximum market valuation of Lynx, offering insight into its performance
and potential growth trajectory. As cryptocurrency prices are volatile, it's crucial to stay updated on the latest trends.
The all-time low (ATL) price of Lynx is $6.21E-009.
This ATL was reached on 22 Jan 2019, marking the lowest value ever for Lynx.
Currently, Lynx is higher than its ATL by 1048487.22%,
reflecting a gain since its lowest point.
ATL values are essential for understanding the minimum market valuation of Lynx, offering insight into its recovery
and potential for growth. As cryptocurrency prices are volatile, staying updated on the latest trends is important.
To buy Lynx, you can follow these steps:
1. Choose a Cryptocurrency Exchange: Lynx is available on several popular cryptocurrency exchanges, such as Changelly Binance, CoinEx, KuCoin, etc. These platforms allow you to trade Lynx against various cryptocurrencies or fiat currencies like USD, EUR, and more.
2. Create an Account: Sign up on the exchange of your choice by providing the necessary details such as email, password, and KYC (Know Your Customer) verification.
3. Deposit Funds: Once your account is set up, deposit funds via bank transfer, credit card, or another supported payment method. Make sure you have USD or any other preferred currency in your exchange account to purchase Lynx.
4. Place an Order: After funding your account, navigate to the Lynx trading pair (e.g., Lynx/USD) and place an order to buy. You can choose a market order for immediate execution or a limit order to buy at your desired price.
5. Store Your Coins Securely: After purchase, it's important to store your Lynx in a secure wallet. You can use the exchange wallet or transfer your coins to a private wallet for added security.
Note: Cryptocurrency investments are volatile. Ensure you do thorough research and consider risks before purchasing Lynx.
We make every effort to provide the latest market data. However, we cannot guarantee its absolute accuracy.
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