Lisk Reaches Market Capitalization of $144.93 Million (LSK)

Lisk (CURRENCY:LSK) traded up 1.9% against the U.S. dollar during the 24 hour period ending at 16:00 PM Eastern on August 22nd. One Lisk coin can now be bought for approximately $1.21 or 0.00011893 BTC on major cryptocurrency exchanges including Binance, YoBit, Bitbns and Poloniex. Over the last week, Lisk has traded 4.4% higher against the U.S. dollar. Lisk has a market cap of $144.93 million and $2.38 million worth of Lisk was traded on exchanges in the last 24 hours.

Here’s how related cryptocurrencies have performed over the last 24 hours:

  • Qtum (QTUM) traded up 4% against the dollar and now trades at $2.58 or 0.00025284 BTC.
  • Waves (WAVES) traded 5.6% higher against the dollar and now trades at $1.29 or 0.00012657 BTC.
  • Nxt (NXT) traded up 5.6% against the dollar and now trades at $0.0176 or 0.00000173 BTC.
  • Clams (CLAM) traded up 2.4% against the dollar and now trades at $2.94 or 0.00028818 BTC.
  • Neblio (NEBL) traded 2.4% higher against the dollar and now trades at $0.56 or 0.00005493 BTC.
  • Blocknet (BLOCK) traded 7% lower against the dollar and now trades at $1.26 or 0.00012365 BTC.
  • WhiteCoin (XWC) traded up 1.2% against the dollar and now trades at $0.0239 or 0.00000234 BTC.
  • Rubycoin (RBY) traded flat against the dollar and now trades at $0.16 or 0.00001575 BTC.
  • Sentinel Protocol (UPP) traded up 2.1% against the dollar and now trades at $0.0126 or 0.00000123 BTC.
  • BitBay (BAY) traded up 0.5% against the dollar and now trades at $0.0035 or 0.00000034 BTC.

Lisk Profile

LSK is a distributed proof-of-stake (dPOS) coin that uses the Proof of Stake hashing algorithm. It launched on May 24th, 2016. Lisk’s total supply is 134,626,639 coins and its circulating supply is 119,530,226 coins. Lisk’s official Twitter account is @LiskHQ and its Facebook page is accessible here. Lisk’s official message board is forum.lisk.io. The official website for Lisk is lisk.io. The Reddit community for Lisk is /r/lisk and the currency’s Github account can be viewed here.

According to CryptoCompare, “During the ICO 100,000,000 LISK weree goven out to ICO participants, the core team, third parties and active community members. Once the network is established with 101 delegates there will be an inflation of 5 newly created LISK with every block, these are the Forging Rewards. Every 3,000,000 blocks (~1 year) this reward is reduced by 1 LISK, ending at 1 LISK per block where it stays like that forever. The Forging Rewards will be equally distributed through all active (101 and higher) delegates, same as the network fees. We implemented this mechanism to create an incentive to run a delegate and secure the network. Additionally, this allows Lisk to finance itself in the future. Lisk is written in JavaScript utilizing NodeJS. “

Buying and Selling Lisk

Lisk can be purchased on these cryptocurrency exchanges: Coinbe, Gate.io, Bittrex, Exrates, Livecoin, ChaoEX, Upbit, Coindeal, HitBTC, Huobi, BitBay, Cryptopia, YoBit, Poloniex, LiteBit.eu, Binance, Bit-Z, COSS, OKEx, Bitbns, Coinroom and CoinEgg. It is usually not possible to purchase alternative cryptocurrencies such as Lisk directly using US dollars. Investors seeking to acquire Lisk should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Lisk using one of the aforementioned exchanges.

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