Security token LCX has seen a price rise of 25% in the last 24 hours following its listing on HitBTC. The token performed well over the weekend breaking into the top 400 coins with the major factor being the recent listing on HitBTC.
The last 24 hours, in particular, has seen a spike in the coin starting from $0.014 to its current value of $0.018559 as at the time of publication. This increase is inversely proportional to the current market situation which is bearish as most coins in the top 100 are in the red zone.
Looking at the current trend it appears that the LCX is on an extended bullish run that could see its value spike to around $0.1 mark before the end of May.
LCX has experienced massive growth in recent months
It’s recent listing on HitBTC is seen by many within the platform as a crucial one for the blockchain project. The crypto exchange is regarded as one of the tops within the crypto industry with over 800 trading pairs.
The listing on HitBTC also exposes the token to traders from more than 200 countries and is one of the fastest-growing exchanges in Asian markets and Latin America. This follows the earlier listing on Bidesk exchange earlier in the month.
LCX (Liechtnstein Cryptoassets Exchange) is one of the active projects within the blockchain ecosystem. The blockchain project which is based in the European Principality of Liechtenstein has been proactive with its products.
Some of its products include LCX Terminal a sophisticated portfolio management and trading desk. There is also an exchange which enables trading for security tokens and other crypto assets.
While the LCX Token can be used to purchase monthly plans for LCX Terminal, pay transaction fees, crypto custodial fees, or listing fees within LCX’s blockchain ecosystem.