Lisk (LSK) Trading 17.1% Lower Over Last 7 Days

Lisk (LSK) traded 2.2% higher against the dollar during the 24 hour period ending at 12:00 PM Eastern on February 1st. One Lisk coin can currently be purchased for about $0.14 or 0.00000186 BTC on exchanges. Over the last week, Lisk has traded down 17.1% against the dollar. Lisk has a total market capitalization of $32.63 million and $14.94 million worth of Lisk was traded on exchanges in the last day.

Here’s how similar cryptocurrencies have performed over the last day:

• TRON (TRX) traded 0.1% lower against the dollar and now trades at $0.28 or 0.00000368 BTC.
• Tezos (XTZ) traded up 0.6% against the dollar and now trades at $0.46 or 0.00000590 BTC.
• BitTorrent-New (BTT) traded down 3.8% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Terra Classic (LUNC) traded 14.9% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• EOS (EOS) traded 4.2% higher against the dollar and now trades at $0.0911 or 0.00000118 BTC.
• aelf (ELF) traded down 0.6% against the dollar and now trades at $0.0837 or 0.00000108 BTC.
• Terra (LUNA) traded up 12.4% against the dollar and now trades at $0.0707 or 0.00000091 BTC.
• Ark (ARK) traded up 8.8% against the dollar and now trades at $0.23 or 0.00000302 BTC.

About Lisk

Lisk (LSK) is a distributed proof-of-stake (dPOS) coin that uses the DPoS hashing algorithm. It was first traded on May 24th, 2016. Lisk’s total supply is 400,000,000 coins and its circulating supply is 226,502,603 coins. Lisk’s official Twitter account is @lisk and its Facebook page is accessible here. The official website for Lisk is lisk.com. The Reddit community for Lisk is https://reddit.com/r/lisk and the currency’s Github account can be viewed here. Lisk’s official message board is lisk.com/blog.

According to CryptoCompare, “Lisk is a crypto-currency and decentralized application platform. As a crypto-currency, much like Bitcoin and other alternatives, it provides a decentralized payment system and digital money network. The network itself operates using a highly efficient Delegated-Proof-of-Stake (DPoS) consensus model, that is secured by 101 democratically elected delegates. The Lisk decentralized application platform, its most powerful component, allows the deployment, distribution, and monetization of decentralized applications and custom blockchains (sidechains) onto the Lisk blockchain. The inflation rate is 5 LISK per block, which gets lowered by 1 every year until it reaches a stable block reward of 1 LISK per block. Lisk partnered with Microsoft to integrate Lisk into its Azure Blockchain as a Service (BaaS) program — meaning developers worldwide can develop, test, and deploy Lisk blockchain applications using Microsoft's Azure cloud computing platform and infrastructure.”

Buying and Selling Lisk

It is usually not possible to purchase alternative cryptocurrencies such as Lisk directly using US dollars. Investors seeking to acquire Lisk should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Lisk using one of the aforementioned exchanges.

LSK/USD price chart by TradingView