What is LCX Crypto? On-Chain Data & Price Prediction for the $LCX Token

We’ll kickstart today’s article by exploring LCX and clarifying what “LCX crypto” means. After we’ve covered some essential basics surrounding the LCX crypto project, we’ll dive into the $LCX token. In doing so, you’ll find out more about $LCX’s purpose, use cases, and tokenomics. Together, we’ll also analyze the asset’s price action from as far back as 2019. Further, by using the basics of technical analysis (TA), we’ll also chart the token’s key support and resistance levels. Additionally, we’ll use the best crypto charting tool – Money Line – to better understand the $LCX’s current price levels.
We’ll also explain how you can use one of Moralis Money’s cryptocurrency analysis sites (a.k.a. token pages) to research and analyze the LCX crypto token yourself. This is where we’ll introduce you to the tool that will empower you to use live $LCX price and its real-time, on-chain metrics to decide if/when to buy that token. Last but not least, we’ll also tell you where you can buy the LCX cryptocurrency without breaking a sweat or the bank.

What is LCX Crypto?

Technically speaking, “LCX crypto” is short for “LCX cryptocurrency,” which is an ERC-20 token that lives on the Ethereum network. However, more often than not, crypto enthusiasts use this phrase to refer to the entire LCX project and its ecosystem. With that in mind, we obviously need to take a closer look at the LCX crypto token as well as the project behind it to answer the above question properly. So, let’s start with the latter.

Exploring the LCX Crypto Project

At its core, the LCX project aims to be a pioneering force in the crypto space, offering a comprehensive blockchain ecosystem from its headquarters in Liechtenstein. 
LCX’s goal is to provide a secure and regulated platform for cryptocurrency enthusiasts and investors. As a Liechtenstein-based crypto-assets exchange, LCX offers a suite of services. These include a compliant digital asset exchange, advanced trading tools, and other blockchain-related solutions. 
The project revolves around its LCX Token ($LCX), a utility token that opens doors to a range of benefits within the LCX ecosystem. With LCX Token ($LCX), users enjoy benefits such as reduced trading fees, access to cutting-edge DeFi protocols, and more. 

Key Aspects of the LCX Project

Let’s explore the key facets that define and drive the LCX crypto project:

• LCX Exchange: A compliant digital asset exchange that provides a secure platform for trading various cryptocurrencies. The exchange also offers experience-reduced trading fees, which aims to create an optimal environment for both novice traders and seasoned investors.
• LCX DeFi Terminal: The LCX DeFi Terminal’s goal is to invite LCX users to step into the decentralized finance (DeFi) realm. The terminal promises full access to innovative protocols to empower users to execute limit orders seamlessly on platforms like Uniswap.
• LCX Vault: According to the project’s official website, this feature combines security and convenience. It allows users to pay fees using LCX tokens to access top-notch crypto custody solutions. LCX promises to keep users’ digital assets in safe hands with the platform’s robust protection.
• LCX Price Oracle: This solution ensures LCX’s regulated reference price services. By paying fees with LCX tokens, users access accurate and timely pricing information in the crypto market.
• Token Sales: LCX Token extends its utility to token sales hosted or powered by LCX technology. Companies and clients can navigate listing fees, exchange membership fees, and token sale fees using LCX coins.
• Legal Compliance: LCX Token stands tall in full compliance with laws and regulations in Liechtenstein, the US, Singapore, and Europe. Legal assessments affirm its classification as a utility token, emphasizing its commitment to transparency and trust.

What is LCX Token?

LCX Token ($LCX) is the core of the LCX crypto project, issued by LCX AG to fuel its blockchain ecosystem. Functioning as a utility token, $LCX holds the key to unlocking a spectrum of benefits within the LCX platform. 
The asset was initiated during its token generation event (TGE) in March 2019. The token was minted on the Ethereum blockchain, following the ERC-20 standard.

LCX Token’s Purpose and Use Cases 

Primarily, LCX Token serves as a versatile instrument, allowing users to settle various fees associated with LCX AG’s services. Whether it’s trading fees on the LCX exchange, subscriptions to LCX Terminal, or custodian solutions within LCX Vault, $LCX streamlines transactions, acting as a seamless bridge between users and the LCX ecosystem.
Furthermore, purchasing and holding LCX tokens come with a range of advantages:

• Fee reductions of up to 50% on trades at LCX exchange.
• Full access to LCX DeFi Terminal for advanced DeFi operations.
• The ability to pay for services like LCX Vault and LCX Price Oracle. 

Beyond individual benefits, LCX tokens facilitate seamless transactions for companies engaging in listings, exchange memberships, and token sales on the LCX platform.

Tokenomics

LCX is defined by a total initial supply of 950 million tokens created during the TGE. Furthermore, to ensure a balanced and controlled ecosystem, the LCX company has enforced a lockup until June 1, 2023.
The team tokens and advisor holdings were vested over 36 months. The LCX project showed its commitment to community involvement by ensuring that the majority of LCX tokens are held by its vibrant and engaged user base.
Here’s the essence of the LCX crypto’s tokenomics:

• Token name: LCX
• Symbol/ticker: $LCX
• Network: Ethereum
• Token type: ERC-20
• Token category: Utility token
• Smart contract address: 0x037a54aab062628c9bbae1fdb1583c195585fe41
• Total token supply: 950,000,000 $LCX