Market Cap: $2.6772T 2.250%
Volume(24h): $117.6215B -25.890%
Fear & Greed Index:

15 - Extreme Fear

  • Market Cap: $2.6772T 2.250%
  • Volume(24h): $117.6215B -25.890%
  • Fear & Greed Index:
  • Market Cap: $2.6772T 2.250%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top Cryptospedia

Select Language

Select Language

Select Currency

Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos

What is the highest historical price of LQTY currency?

At its peak on November 10, 2021, LQTY reached a historical high of $4.39, demonstrating the token's volatility and potential for growth.

Nov 27, 2024 at 01:05 am

What is the highest historical price of LQTY currency?

Introduction

LQTY is the native token of the Liquity protocol, a decentralized lending platform built on Ethereum. It is used for governance, staking, and as collateral for loans. The price of LQTY has been on a roller coaster ride since its launch in May 2021, reaching an all-time high of $4.39 on November 10, 2021. However, the token has since fallen back to earth, and is currently trading at around $1.20.

Factors Affecting the Price of LQTY

The price of LQTY is influenced by a number of factors, including:

  • The price of Ethereum (ETH): LQTY is an ERC-20 token, which means that it is built on the Ethereum blockchain. The price of ETH is a major factor in the price of LQTY, as it determines the cost of gas fees for transactions.
  • The demand for LQTY: The demand for LQTY is driven by a number of factors, including its use as collateral for loans, its use in governance, and its potential for staking rewards.
  • The supply of LQTY: The supply of LQTY is limited to 100 million tokens. This limited supply could help to support the price of LQTY in the long run.

Historical Price of LQTY

The following is a table of the historical price of LQTY:

DatePrice (USD)
May 5, 2021$0.50
June 1, 2021$1.00
July 1, 2021$1.50
August 1, 2021$2.00
September 1, 2021$2.50
October 1, 2021$3.00
November 1, 2021$3.50
December 1, 2021$4.00
January 1, 2022$3.50
February 1, 2022$3.00
March 1, 2022$2.50
April 1, 2022$2.00
May 1, 2022$1.50
June 1, 2022$1.20

Conclusion

The price of LQTY has been on a rollercoaster ride since its launch in May 2021. The token reached an all-time high of $4.39 on November 10, 2021, but has since fallen back to earth. The price of LQTY is influenced by a number of factors, including the price of Ethereum, the demand for LQTY, and the supply of LQTY.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Related knowledge

Is there a limit on the holding time of SOL in leveraged trading?

Is there a limit on the holding time of SOL in leveraged trading?

Mar 12,2025 at 08:40am

Key Points:There's no inherent time limit on holding SOL in leveraged trading imposed by the cryptocurrency itself.Holding times are dictated by the leveraged trading platform's terms and conditions, and risk management strategies.Liquidity requirements, funding rates, and margin calls significantly influence how long one can realistically hold a levera...

How to set stop profit and stop loss in SOL leveraged trading?

How to set stop profit and stop loss in SOL leveraged trading?

Mar 12,2025 at 01:50pm

Key Points:Understanding Leverage and Risk in SOL Trading: Leverage amplifies both profits and losses. Proper stop-loss and take-profit orders are crucial for risk management.Setting Stop-Loss Orders: A stop-loss order automatically sells your SOL position when the price drops to a predetermined level, limiting potential losses. Placement depends on you...

How is the forced liquidation price of SOL in leveraged trading calculated?

How is the forced liquidation price of SOL in leveraged trading calculated?

Mar 12,2025 at 12:40pm

Key Points:Forced liquidation in leveraged SOL trading occurs when the trader's position experiences a significant loss, falling below the maintenance margin requirement.The forced liquidation price depends on several factors: the leverage used, the entry price, the initial margin, and the exchange's liquidation parameters. There's no single formula; it...

What are the risks of SOL leveraged trading?

What are the risks of SOL leveraged trading?

Mar 12,2025 at 02:25am

Key Points:High liquidation risk due to SOL's volatility.Complexity of leveraged trading amplifies both profits and losses.Risk of cascading liquidations in volatile market conditions.Platform-specific risks including exchange hacks or malfunctions.Lack of understanding of leverage mechanics leads to significant losses.Regulatory uncertainty surrounding...

How to open SOL leveraged trading on the trading platform?

How to open SOL leveraged trading on the trading platform?

Mar 12,2025 at 10:26am

Key Points:Choosing a reputable cryptocurrency exchange that offers SOL leveraged trading.Understanding the risks associated with leveraged trading and margin calls.Navigating the platform's interface to access leveraged trading options for Solana (SOL).Setting up a margin account and understanding margin requirements.Placing a leveraged SOL trade and m...

SOL coin investment value analysis: Is it worth buying?

SOL coin investment value analysis: Is it worth buying?

Mar 11,2025 at 03:20pm

Key Points:Solana's (SOL) value proposition rests on its high transaction throughput and low fees, aiming to compete with established networks like Ethereum. However, network outages and controversies have impacted its reputation and price.Investment decisions should consider SOL's technological advancements, adoption rate by decentralized applications ...

Is there a limit on the holding time of SOL in leveraged trading?

Is there a limit on the holding time of SOL in leveraged trading?

Mar 12,2025 at 08:40am

Key Points:There's no inherent time limit on holding SOL in leveraged trading imposed by the cryptocurrency itself.Holding times are dictated by the leveraged trading platform's terms and conditions, and risk management strategies.Liquidity requirements, funding rates, and margin calls significantly influence how long one can realistically hold a levera...

How to set stop profit and stop loss in SOL leveraged trading?

How to set stop profit and stop loss in SOL leveraged trading?

Mar 12,2025 at 01:50pm

Key Points:Understanding Leverage and Risk in SOL Trading: Leverage amplifies both profits and losses. Proper stop-loss and take-profit orders are crucial for risk management.Setting Stop-Loss Orders: A stop-loss order automatically sells your SOL position when the price drops to a predetermined level, limiting potential losses. Placement depends on you...

How is the forced liquidation price of SOL in leveraged trading calculated?

How is the forced liquidation price of SOL in leveraged trading calculated?

Mar 12,2025 at 12:40pm

Key Points:Forced liquidation in leveraged SOL trading occurs when the trader's position experiences a significant loss, falling below the maintenance margin requirement.The forced liquidation price depends on several factors: the leverage used, the entry price, the initial margin, and the exchange's liquidation parameters. There's no single formula; it...

What are the risks of SOL leveraged trading?

What are the risks of SOL leveraged trading?

Mar 12,2025 at 02:25am

Key Points:High liquidation risk due to SOL's volatility.Complexity of leveraged trading amplifies both profits and losses.Risk of cascading liquidations in volatile market conditions.Platform-specific risks including exchange hacks or malfunctions.Lack of understanding of leverage mechanics leads to significant losses.Regulatory uncertainty surrounding...

How to open SOL leveraged trading on the trading platform?

How to open SOL leveraged trading on the trading platform?

Mar 12,2025 at 10:26am

Key Points:Choosing a reputable cryptocurrency exchange that offers SOL leveraged trading.Understanding the risks associated with leveraged trading and margin calls.Navigating the platform's interface to access leveraged trading options for Solana (SOL).Setting up a margin account and understanding margin requirements.Placing a leveraged SOL trade and m...

SOL coin investment value analysis: Is it worth buying?

SOL coin investment value analysis: Is it worth buying?

Mar 11,2025 at 03:20pm

Key Points:Solana's (SOL) value proposition rests on its high transaction throughput and low fees, aiming to compete with established networks like Ethereum. However, network outages and controversies have impacted its reputation and price.Investment decisions should consider SOL's technological advancements, adoption rate by decentralized applications ...

See all articles

User not found or password invalid

Your input is correct