Lisk Trading 8.8% Higher Over Last Week (LSK)

Lisk (LSK) traded up 1.7% against the U.S. dollar during the 1 day period ending at 10:00 AM ET on May 9th. Lisk has a market capitalization of $280.75 million and $8.56 million worth of Lisk was traded on exchanges in the last day. During the last week, Lisk has traded 8.8% higher against the U.S. dollar. One Lisk coin can now be bought for approximately $1.97 or 0.00003230 BTC on popular exchanges.

Here is how similar cryptocurrencies have performed during the last day:

• Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 BTC.
• TRON (TRX) traded up 3.2% against the dollar and now trades at $0.13 or 0.00000206 BTC.
• BitTorrent-New (BTT) traded down 1.6% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• EOS (EOS) traded up 0.2% against the dollar and now trades at $0.80 or 0.00001310 BTC.
• Tezos (XTZ) traded 2.8% lower against the dollar and now trades at $0.91 or 0.00001495 BTC.
• Terra Classic (LUNC) traded 2% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Terra (LUNA) traded down 4% against the dollar and now trades at $0.61 or 0.00000997 BTC.
• aelf (ELF) traded 2.6% lower against the dollar and now trades at $0.53 or 0.00000870 BTC.
• Ark (ARK) traded 0.5% lower against the dollar and now trades at $0.80 or 0.00001305 BTC.
• USDX [Kava] (USDX) traded 0% lower against the dollar and now trades at $0.82 or 0.00001349 BTC.

Lisk Coin Profile

Lisk is a distributed proof-of-stake (dPOS) coin that uses the DPoS hashing algorithm. It launched on May 24th, 2016. Lisk’s total supply is 144,818,773 coins and its circulating supply is 142,446,483 coins. The Reddit community for Lisk is https://reddit.com/r/lisk and the currency’s Github account can be viewed here. Lisk’s official Twitter account is @liskhq and its Facebook page is accessible here. Lisk’s official website is lisk.com. The official message board for Lisk is lisk.com/blog.

According to CryptoCompare, “Lisk is a cryptocurrency and decentralized application platform that operates on a highly efficient Delegated-Proof-of-Stake consensus model secured by 101 elected delegates. The platform allows for the deployment, distribution, and monetization of decentralized apps and custom blockchains. The inflation rate is 5 LISK per block and will decrease by 1 every year until it reaches 1 LISK per block. Lisk has partnered with Microsoft to integrate into its Azure Blockchain as a Service, allowing developers to develop and deploy Lisk blockchain applications using Microsoft’s cloud computing platform.”

Buying and Selling Lisk

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

LSK/USD price chart by TradingView