Tokenlon Network TokenLON
$6.68
Market/Exchange
LON Price Prediction and Price Movement
We have seen some downward price movements over the past three months as LON has dropped 0 percent. Though with its relatively large market capitalization, LON maybe in the middle of a long price consolidation phase, in the case of a strong fundamentals, it would be likely that LON may bounce back heavily and continue its next phase of upward movement. Therefore traders should spend some extra effort in researching LON's fundamentals and still be cautious while trading this coin.
Please note that this analysis is purely base on LON's historic price actions and is by no means financial advice. Traders should always do their own research and be extra careful while investing in cryptocurrencies.
Tokenlon Network Token Price Chart
About Tokenlon Network Token
What Is Tokenlon Network Token (LON)?
LON is a utility token that aligns ecosystem stakeholders and incentivize the expansion of the ecosystem.
Who Are the Founders of LON?
Tokenlon is a decentralized exchange and payment settlement protocol based on Ethereum blockchain technology. It currently powers Tokenlon DEX, a decentralized exchange and payment settlement protocol which aims to provide a secure, reliable and seamless trading experience to the masses.
What Makes LON Unique?
LON tokens have the following two main use cases:
Fee discount: Tokenlon currently charges a standard 0.30% fee for most transactions. By holding LON, users can get corresponding fee discounts based on the number of tokens held.
Governance: LON will give the community the right to participate in the governance of Tokenlon. LON holders can improve Tokenlon by initiating Tokenlon Improvement Proposal (TIP) proposals and voting, such as determining the use of the treasury, fee parameters, buyback parameters, supporting assets, product features, etc.
How Many Tokenlon Network Token (LON) Are There in Circulation?
There was around 110 million LON in circulation as of December 2020. The maximum supply is set at 200 million LON.
How Is the Tokenlon Network Token Secured?
The full smart contract code of Tokenlon and the LON token itself can be found verified on-chain. Use for example Etherscan to read the code:
https://etherscan.io/address/0xdc6c91b569c98f9f6f74d90f9beff99fdaf4248b#code
https://etherscan.io/address/0x8d90113a1e286a5ab3e496fbd1853f265e5913c6#code
https://etherscan.io/address/0x11be6f5520fee8e867e20af9c9d2c8a09b909b83#code
https://etherscan.io/address/0x0000000000095413afc295d19edeb1ad7b71c952#code
Where Can You Buy Tokenlon Network Token (LON)?
LON is available on Tokenlon, Uniswap and many other exchanges