Berlin Buluşması

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

There are two perspectives on how the price of LYX is determined.

Fundamental Value: This approach looks at on-chain metrics, project performance, and financial indicators of LYX. Over the long term, factors like supply and demand, tokenomics, use cases, project roadmap, and relevant regulations or governance can all affect LYX's value.

Price Action: This perspective primarily involves using technical analysis tools like chart patterns, MACD, RSI, and Bollinger Bands to forecast price movements of LYX based on past trends, based on the principle that 'history tends to repeat itself.' Price action of LYX is also affected by news, announcements, and the general sentiment of the community.

While long-term investors focus on the fundamentals, short-term traders typically rely on technical indicators. Both can influence the price of LYX.

LYX reached an all-time high of $11.60 in 2024-01-17, while its current trading price is $1.16.

LYX reached its historical low of $0.5517 in 2024-01-17.

The current market cap of LYX is $48.83M, with LYX’s circulating supply at 30.53M LYX and the current trading price at $1.16.

Currently, there are 30.53M LYX circulating in the market. These LYX tokens can be traded or used on the open market.

The maximum supply of LYX is 42.00M, including its circulating supply, locked or staked amounts, and any supply yet to be mined, minted, or created.

Currently, the fully diluted market cap (FDV) of LYX is $48.83M. This is calculated by multiplying the circulating supply by the current price of $1.16, assuming all of the token’s supply enters circulation.

The LYX price prediction uses algorithms that automatically identify trends in historical data and make predictions and adjustments based on current market conditions. With advanced machine learning, the price prediction can help users assess the trends in the cryptocurrency market before making an investment.

LYX has a strong return potential due to its inherent volatility, which offers opportunities for profit. However, volatility is a double-edged sword and is more suited for investors with a high-risk tolerance and good financial health. It’s important to remember that LYX and the broader crypto market are always impacted by extreme market conditions, legal policies, social media stories, and other unpredictable factors. Therefore, before investing in LYX, it's recommended that you conduct thorough research and practice risk management.