Lottery TokenLOT
$6.37
Market/Exchange
LOT Price Prediction and Price Movement
LOT has been down 0 percent over the last three months, and with its small market capitalization, it is very likely that such price movement may continue. However three months is still considered early in the crypto world and it is also likely that LOT's price may bounce back if it has a solid team and has delivered what they promised on their white papers. Therefore traders should be careful and should research thoroughly and see if LOT is backed by a solid development team and whether LOT's technology has any potential to grow.
Please note that this analysis is purely base on LOT'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.
Lottery Token Price Chart
About Lottery Token
The Lottery Token is the first Lotto related Token on the Binance Smart Chain. It features an automated and integrated Lottery in the contract itself. The Lotterypool is filled with 2% of the 6% fee per transaction, the other 2% get instantly redistributed among all holders and the other 2% are burned. The frequency of the lottery is based on the traffic and triggers after reaching 0.1% of the current total supply. Holders don't need to buy tickets, holding a minimal amount results in a lifetime participation. This minimal amount will be changed over the time depending on the current price of LOT to still be affordable for everyone. The goal is to create a fair Lottery for anyone involved.