What are the highest and lowest prices in Litentry LIT coin history?

Litentry's LIT coin, a native cryptocurrency used for staking, governance, and transaction fees, has seen price fluctuations influenced by market trends, protocol upgrades, partnerships, supply-demand dynamics, and economic factors.

Dec 26, 2024 at 07:27 pm

Key Points:

Definition and overview of Litentry LIT coin
Historical price analysis of LIT
All-time high and all-time low prices
Factors influencing price fluctuations
Frequently asked questions (FAQs)

What is Litentry LIT Coin?

Litentry is a privacy-preserving decentralized identity aggregation protocol that allows users to control and share their identities with applications and services securely. The LIT coin is the native cryptocurrency of the Litentry network, used for staking, governance, and transaction fees.

Historical Price Analysis of LIT

Litentry was first listed on exchanges in 2021, and its price has fluctuated significantly since then. Here's a brief overview of its price history:

All-Time High (ATH): $3.40 on March 28, 2021

All-Time Low (ATL): $0.075 on January 21, 2022

Factors Influencing Price Fluctuations

Several factors have influenced the price fluctuations of LIT, including:

Market conditions and overall cryptocurrency market sentiment
Technological advancements and protocol upgrades within the Litentry network
Partnerships, collaborations, and ecosystem developments
Supply and demand dynamics
Economic and geopolitical factors

Frequently Asked Questions (FAQs)

What is the current price of Litentry LIT coin?
- As of writing, Litentry LIT coin is trading at approximately $0.22.
Where can I buy Litentry LIT coin?
- LIT is available on various cryptocurrency exchanges, including Binance, KuCoin, Gate.io, and Huobi.
What is the maximum supply of LIT coins?
- The maximum supply of LIT is 1 billion coins.
What is the inflation rate for Litentry LIT coin?
- The inflation rate for LIT is currently around 5% per year.
How is the price of Litentry LIT affected by market conditions?
- Like all cryptocurrencies, the price of LIT is strongly influenced by market sentiment and overall market conditions.

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