Market Cap
$56,414,532.5
Fully Diluted Valuation
$84,901,024.2
24 Hour Trading Vol
$10,068,802.5
Circulating Supply
66,447,411.0
Total Supply
100,000,000.0
Max Supply
100,000,000.0
Litentry Price
$0.849
24h Range
$0.778 - $0.857
Percent Change 1h
-0.13%
Percent Change 24h
6.48%
Percent Change 7d
4.69%
All-time high
$13.31
All-time low
$0.405
1D
7D
1M
1Y
Litentry (LIT) is a decentralized identity aggregation protocol designed to provide users with a secure and efficient way to manage their identities across multiple blockchain networks. By enabling users to link various identities from different platforms, Litentry aims to enhance privacy, security, and control over personal data. The platform operates on the Polkadot ecosystem and employs a decentralized network of validators to ensure secure identity verification and data management. As of early 2024, LIT is utilized in various applications, including decentralized finance (DeFi), non-fungible tokens (NFTs), and decentralized applications (dApps).
Litentry was co-founded by a team of experienced professionals in the blockchain and software development sectors, including Hao Zhang, who serves as the CEO. Zhang has a background in computer science and blockchain technology, having previously worked on projects related to decentralized systems. Alongside him, Chao Wang and Jingjing Wu have contributed significantly to the project, bringing expertise in product management and technology development, respectively. The team is supported by a strong advisory board that includes leaders in blockchain and cryptocurrency.
Litentry operates on a unique architecture that combines decentralized identity management with blockchain technology. The core functionality includes:
The LIT token is integral to the platform, serving as a means of transaction fees, staking, and governance, allowing users to participate in decision-making processes regarding protocol upgrades and changes.
Litentry has several promising use cases that leverage its decentralized identity management capabilities:
To ensure the safety of your Litentry assets and personal information, consider the following best practices:
Investing in Litentry (LIT) or any other cryptocurrency involves several steps:
1. Choose a Reliable Exchange: Select a reputable cryptocurrency exchange platform like Coinbase, Binance, or Okx. These platforms allow you to buy, sell, and trade cryptocurrencies.
2. Create an Account: Sign up for an account on your chosen exchange by providing the necessary personal information and completing the verification process.
3. Fund Your Account: Deposit funds into your exchange account using various methods like bank transfers, credit/debit cards, or wire transfers.
4. Buy Litentry: Once your account is funded, you can purchase Litentry directly from the exchange. Choose the desired amount and complete the transaction.
Botsfolio is a platform that automates cryptocurrency investments using trading bots. To invest in Litentry using Botsfolio, follow these steps:
Botsfolio allows you to automate your cryptocurrency investments, potentially saving time and effort while optimizing your trading strategies.
Litentry (LIT) is currently trading at $0.849 and exhibits good potential for future growth. Check the latest Litentry (LIT) price prediction.
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