Tokenlon Network Token (CURRENCY:LON) traded up 6.8% against the US dollar during the 1 day period ending at 14:00 PM Eastern on October 14th. Tokenlon Network Token has a total market capitalization of $89.32 million and approximately $12.14 million worth of Tokenlon Network Token was traded on exchanges in the last 24 hours. In the last week, Tokenlon Network Token has traded 4.1% lower against the US dollar. One Tokenlon Network Token coin can now be purchased for $2.21 or 0.00003857 BTC on exchanges.
Here is how related cryptocurrencies have performed in the last 24 hours:
- Starname (IOV) traded down 3.9% against the dollar and now trades at $4,099.30 or 0.08159023 BTC.
- Binance USD (BUSD) traded 0% higher against the dollar and now trades at $1.00 or 0.00001747 BTC.
- Chainlink (LINK) traded 12.3% higher against the dollar and now trades at $27.59 or 0.00048210 BTC.
- Polygon (MATIC) traded up 2.4% against the dollar and now trades at $1.32 or 0.00002639 BTC.
- Axie Infinity (AXS) traded up 18.6% against the dollar and now trades at $142.68 or 0.00249334 BTC.
- Polygon (MATIC) traded 2.5% higher against the dollar and now trades at $1.27 or 0.00002221 BTC.
- DREP (DREP) traded 21% lower against the dollar and now trades at $1.96 or 0.00003398 BTC.
- DREP [old] (DREP) traded down 19.5% against the dollar and now trades at $1.96 or 0.00003399 BTC.
- FTX Token (FTT) traded up 3.5% against the dollar and now trades at $55.19 or 0.00096449 BTC.
- Dai (DAI) traded 0% higher against the dollar and now trades at $1.00 or 0.00001748 BTC.
Tokenlon Network Token Coin Profile
According to CryptoCompare, “LON is a utility token issued by the Tokenlon DEX, used to align all ecosystem stakeholders and incentivize participation and expansion of the ecosystem. Currently, it’s hard to find the best price as liquidity is fragmented over the whole DEX market. Tokenlon solves this by aggregating multiple liquidity sources, including professional market makers off-chain and automatic market makers (such as Uniswap, Curve) on-chain, automatically selecting the best trading venue for the user. The net fees collected by Tokenlon are used to buyback LON on the open market, and transferred to the treasury and staking reward pool.LON holders enjoy fee discounts and governance rights by participating in the staking. In return, the stakers receive LON as staking reward.As long as the total LON is within the maximum cap, each buyback triggers LON mint, which is used as rewards in the Tokenlon Incentive Plan.LON is held in the treasury pool governed by the community, used to develop and promote the development of the Tokenlon ecosystem.Tokenlon's governance is opened in stages with decision-making power gradually handed over to the community. Participate on Snapshot. “
Tokenlon Network Token Coin Trading
It is usually not possible to buy alternative cryptocurrencies such as Tokenlon Network Token directly using US dollars. Investors seeking to trade Tokenlon Network Token should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Tokenlon Network Token using one of the aforementioned exchanges.
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