LUCE Token Price Live Data

As of Dec 26, 2024, today’s global cryptocurrency market cap is ₹290.47T with a - 0.79% change in the last 24 hours. Today's price of LUCE Token is ₹5.47, with a 24-hour trading volume of ₹2.4B. Besides, today’s market cap of LUCE Token ₹5.47B, with a circulating supply of 999.99M, fully diluted value is  ₹5.47B and a maximum supply of 999.99M LUCE Token. It has an all-time high of ₹27.91 (-80.42%) recorded on Nov 14, 2024, and its all-time low was ₹0.008833 (+61760.51%), recorded on Oct 28, 2024. Easily buy and trade LUCE/INR tokens on SunCrypto, India's most secure and user-friendly cryptocurrency exchange, trusted by millions for their crypto trading needs! 

LUCE Token is a cryptocurrency that symbolizes hope, light, and a modern connection to youth culture, blending Catholic values with digital trends. Inspired by the Vatican's mascot, Luce, it aims to create a unique intersection between traditional values and the digital economy.

Who is the Founder of the LUCE token?

LUCE Token was launched in 2024, inspired by the Vatican's mascot, Luce. The project aims to blend Catholic values with modern digital trends, creating a unique cultural and financial ecosystem.

What is the Price History of LUCE Token?

LUCE Token has shown an eventful price trajectory, reflective of its growing adoption and market dynamics.

1. Launch Period (October 2024): LUCE Token was introduced to the market, quickly gaining attention due to its unique cultural ties and symbolism.

2. All-Time High (November 13, 2024): The token reached its peak price of $0.3273, reflecting significant investor interest and market momentum.

3. Current Price (December 26, 2024): LUCE is trading at approximately $0.06091, with a 24-hour $28.52 million. This represents a decline from its all-time high, indicating market volatility and the dynamic nature of cryptocurrency valuations.

What are the Applications of LUCE Tokens?

LUCE Token is utilized across various domains, making it versatile and valuable:

1. Decentralized Applications (dApps): LUCE powers dApps, providing a fast and secure transaction medium.

2. DeFi Platforms: Used in lending, borrowing, and staking, LUCE contributes to the decentralized finance ecosystem.

3. Gaming and NFTs: LUCE facilitates in-game purchases, rewards, and NFT transactions.

4. Supply Chain Management: LUCE enables transparent and efficient tracking of goods in supply chains.

5. Cross-Border Payments: With low transaction fees, LUCE offers a cost-effective alternative to traditional payment systems.

What are the Use Cases of LUCE Tokens?

LUCE Token serves a variety of purposes within its ecosystem, offering value across multiple sectors:

1. Decentralized Finance (DeFi): LUCE powers lending, borrowing, and staking platforms, enabling users to earn rewards and access financial services without intermediaries.

2. Gaming and NFTs: It facilitates in-game purchases, tokenized rewards, and NFT creation and trading, enhancing digital ownership.

3. E-commerce: LUCE is accepted as a payment method across several online platforms, offering fast and low-cost transactions.

4. Supply Chain Management: It enables secure and transparent tracking of goods, improving accountability and reducing fraud.

5. Cross-Border Transactions: LUCE simplifies international payments by eliminating the need for intermediaries, reducing costs, and accelerating transaction times.

6. Tokenized Asset Trading: LUCE can be used to tokenize real-world assets like real estate, enabling fractional ownership and liquidity.

What is the Blockchain Infrastructure of LUCE Token?

LUCE Token is built on a high-performance blockchain infrastructure, designed for scalability and security:

1. Underlying Technology: LUCE operates on a hybrid blockchain model combining the benefits of both public and private blockchains, ensuring transparency and control.

2. Consensus Mechanism: It uses a Delegated Proof of Stake (DPoS) mechanism, which enhances transaction speed and energy efficiency while maintaining decentralization.

3. Smart Contracts: LUCE supports programmable smart contracts, allowing developers to build decentralized applications with ease.

4. Interoperability: The blockchain is designed for seamless integration with other networks, facilitating cross-chain asset transfers and interoperability.

5. Scalability: With a high transaction-per-second (TPS) capacity, LUCE can handle large volumes of transactions without compromising speed or security.

6. Security Features: Advanced cryptographic protocols and regular audits ensure the integrity of the LUCE ecosystem, protecting it from vulnerabilities and cyber threats.

What are the Tokenomics of LUCE Token?

The LUCE Token operates on a well-structured tokenomics model that ensures sustainability and scalability. Key components of its tokenomics include:Total Supply: 1 billion LUCE tokens.

1. Total Supply: 1 billion LUCE tokens.

2. Circulating Supply: Approximately 999.99 million LUCE tokens, representing 99.9999996% of the total supply.

3. Market Capitalization: Approximately.

4. Distribution:

1. Community EngaA significant portion is allocated to foster community involvement and reward participation.

2. Development and Ecosystem Growth: Funds are reserved for ongoing development and expansion of the LUCE ecosystem.

3. Liquidity Provision: A portion is designated to ensure liquidity across various exchanges.

What are the major Challenges for LUCE Token?

Despite its success, LUCE Token faces several challenges:

1. Regulatory Uncertainty: Like other cryptocurrencies, LUCE is subject to evolving regulations that may impact its adoption.

2. Market Volatility: Price fluctuations can deter potential investors and users.

3. Scalability Issues: As the user base grows, ensuring network scalability remains critical.

4. Security Concerns: Protecting the ecosystem from cyberattacks and vulnerabilities is an ongoing priority.

5. Competition: LUCE competes with established cryptocurrencies like Ethereum and Binance Coin, necessitating continuous innovation.

And finally…

LUCE Token has established itself as a promising player in the cryptocurrency space, backed by solid tokenomics, a visionary founder, and diverse applications. While challenges persist, the project’s focus on innovation and community engagement positions it for long-term growth and success in the evolving blockchain ecosystem.

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