$0.772
-3.36%
$0.772
24h Range
$0.812
Market Cap
$90,578,546.0
Fully Diluted Valuation
$154,327,400.0
24 Hour Trading Vol
$302,606.0
Circulating Supply
117,087,510.5
Total Supply
140,451,028.8
Max Supply
200,000,000.0
Tokenlon Network Token Price
$0.772
24h Range
$0.772 - $0.812
Percent Change 1h
-1.67%
Percent Change 24h
-3.36%
Percent Change 7d
-2.68%
All-time high
$9.81
All-time low
$0.372
1D
7D
1M
1Y
All
Tokenlon Network Token (LON) is the native utility token of the Tokenlon decentralized exchange (DEX), which operates primarily on the Ethereum blockchain. It facilitates trading, liquidity provision, and governance within the Tokenlon ecosystem. Launched in 2020, LON aims to empower users by providing a decentralized trading platform that prioritizes security and user experience. The token is used to pay transaction fees, incentivize liquidity providers, and participate in governance decisions such as protocol upgrades and changes. The total supply of LON is capped at 1 billion tokens, aligning with the principles of scarcity and value retention.
Tokenlon was founded by a team of blockchain enthusiasts and developers, including key figures such as Jiawei Wang and Jianing Xu. They have backgrounds in technology and finance, with experience in developing blockchain-based solutions. Their vision was to create a decentralized trading platform that would eliminate intermediaries, enhance trading efficiency, and provide a seamless user experience. The team has continued to evolve Tokenlon by integrating user feedback and adapting to the rapidly changing crypto landscape.
Tokenlon operates as a decentralized exchange that utilizes an automated market-making (AMM) model combined with order book functionality. This hybrid approach allows users to trade directly from their wallets without relying on centralized intermediaries. LON tokens play a crucial role in this ecosystem:
The platform’s smart contracts ensure that trades are executed efficiently and securely, with users maintaining full control of their assets throughout the trading process.
The Tokenlon Network Token (LON) has various use cases within the ecosystem:
To ensure the safety of your Tokenlon Network Token (LON), consider the following best practices:
Investing in Tokenlon Network Token (LON) 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 Tokenlon Network Token: Once your account is funded, you can purchase Tokenlon Network Token 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 Tokenlon Network Token using Botsfolio, follow these steps:
Botsfolio allows you to automate your cryptocurrency investments, potentially saving time and effort while optimizing your trading strategies.
Tokenlon Network Token (LON) is currently trading at $0.772 and exhibits good potential for future growth. Check the latest Tokenlon Network Token (LON) price prediction.
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