I decided to invest in this token when I saw the founder and CEO of LCX was invited to the WEF edition 2020.
So I was very early. I invested when the token was around a cent.
ATH was 68 cents when Coinbase added it to its traded coins. At the time writing we are still down 90% from ATH.
Today we are in an environement where Exchanges go bust (FTX) or facehuge legal problems (Binance more recently). It is not by accident that LCX token is up 50% on the week !
This is the vision that Monty Metzger has for his project: "Being at the forefront of crypto regulations, we aim to ensure that LCX becomes the leading MiCA-regulated cryptocurrency exchange in Europe".
How can anything go wrong with this Exchange ?
Can the price still go down from here. Sure. Is it probable? Not very much.
Are you bullish on this project by now ?
I certainly am.
So I was very early. I invested when the token was around a cent.
ATH was 68 cents when Coinbase added it to its traded coins. At the time writing we are still down 90% from ATH.
Today we are in an environement where Exchanges go bust (FTX) or facehuge legal problems (Binance more recently). It is not by accident that LCX token is up 50% on the week !
This is the vision that Monty Metzger has for his project: "Being at the forefront of crypto regulations, we aim to ensure that LCX becomes the leading MiCA-regulated cryptocurrency exchange in Europe".
How can anything go wrong with this Exchange ?
Can the price still go down from here. Sure. Is it probable? Not very much.
Are you bullish on this project by now ?
I certainly am.
Comment:
We have now clearly a break out !!! This is very bullish for LCX !!!
Comment:
LCX a cryptocurrency exchange, offers several advantages to its users. The LCX Token (LCX) provides benefits such as a reduction of up to 50% in trading fees, access to the LCX DeFi Terminal, and the ability to pay fees for various services on the platform. Additionally, trading on a regulated crypto exchange like LCX ensures better security, safety for investors, and market integrity. Regulated exchanges are subject to regular financial audits, providing a safer environment for traders and offering global credibility. One of LCX's competitive advantages is its focus on tokenized financial assets with more regulation and security than other exchanges. The platform also prioritizes safety and security, with consumer funds segregated from company funds by law, ensuring enhanced fund and data safety. Overall, LCX stands out for its regulatory compliance, security measures, and the benefits offered through its native token.
Comment:
Looking really good ! it is a 4 x from entry point. But a still a lot of room to grow !!
Comment:
LCX will be bigger than most people can fathom !! Let's go LCX !!!