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The newest crypto token has just hit the market and it is out of this world! Low Orbit Crypto Cannon is a deflationary defi token that uses powerful and efficient smart contracts on the Ethereum blockchain. LOCC tokens can be traded on decentralized exchanges such as Uniswap.
Readers should do their own research before taking any actions related to the company. There are several DEXs to choose from; you just have to make sure the wallet you selected in Step 2 is supported by the exchange. What is Low Orbit Crypto Cannon For example, if you use Metamask wallet, you can go to 1inch to make the transaction. Register and set up the crypto wallet via the wallet’s Google Chrome extension or via the mobile app you downloaded in Step 1.
What is Low Orbit Crypto Cannon (LOCC) and Why Should You Care?
Connect your Metamask wallet to the DEX you want to use by using your wallet address from Step 2. To check Low Orbit Crypto Cannon’s price live in the fiat currency of your choice, you can use Crypto.com’s converter feature in the top-right corner of this page. Needs to review the security of your connection before proceeding. Change the wallet network in the MetaMask Application to add this contract.
The idea behind Low Orbit Crypto Cannon is relatively simple. Holders of LOCC can stake a small amount (0.055 LOCC) into a single asset staking pool to be entered into a draw. As long as you’re staking the minimum amount in the pool, your ERC-20 wallet is entered to win all of the upcoming draws. These draws are currently set to occur every single hour or every 276 ETH blocks and activated by a transaction when this point is reached. The visuals on the website are quite stunning and when propulsion occurs the entire site begins to shake and an astronaut is seen shooting into space. The total supply of LOCC is 1,000; the tokens are, however, divisible — similar to Bitcoin and Ether .
By default, this widget displays live charts and prices based on LOCC to USD exchange rates. That said, you can select any fiat or cryptocurrency to be the widget’s quote currency. For example, it’s possible to quote prices for LOCC/CNY , LOCC/JPY , or LOCC/EUR trading pairs. A token is a representation of an on-chain or off-chain asset. The token page shows information such as price, total supply, holders, transfers and social links. We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.
CEX.IO – Trusted Secure Staking EARN UP TO 18%Simple. Track Low Orbit Crypto Cannon & all your investments in one app. Cointelegraph does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page.
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If you are using a desktop computer, you can download Google Chrome and the wallet Chrome extension. If you prefer using your mobile phone, you can download the wallet via Google Play or iOS App Store if it’s available. Just make sure that you are downloading the official Chrome extension and mobile app by visiting the Metamask’s website. If you are new to crypto, use the Crypto.com University and our Help Center to learn how to start buying Bitcoin, Ethereum, and other cryptocurrencies. Since you are already here why not look at predictions of other cryptocurrencies? Almost every $LOCC minted will be in circulation and will be completely used in the public sale.
For anyone who wants to have a chance to win each of the propulsion draws, the requirements are staking 0.055 LOCC. If you have an Ethereum-based wallet, such as MetaMask, you can stake 0.055 LOCC tokens into the propulsion contract. Doing so enters your wallet address into the contract, and it can be selected to win any of the upcoming draws. LowOrbit.Finance is a deflationary DeFi token built on the Ethereum blockchain. Prepare for “propulsion” into the stratosphere with a single asset staking pool that allows LOCC stakers a chance to win tokens every hour. Binance is constantly reviewing and adding cryptocurrencies that can be used on the Binance platform.
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- With such a low supply and low market cap, this could be a token worth keeping an eye on.
- You will have to do the math so that you can ensure you are staking enough LOCC tokens so that you will still have 0.055 staked and not 10% less.
- LOCC tokens are currently traded on Uniswap and not yet listed on Coingecko or CoinMarketCap.
- The token is not yet listed on Coingecko or Coinmarketcap and the project is in the early stages of its release.
With such a low token supply, this token could see much higher valuations. Could this token increase 30x and reach the status of “epic propulsion? The supply of LOCC is quite small with a starting of just 1000 total supply – the tokens are however divisible – similar to Bitcoin, and Ethereum. On the official website, it shows the number of tokens that have been burned which is reducing the supply with each tx. ~30 tokens have been burnt which brings the total supply down to ~970 tokens. As LOCC is a deflationary token the burn will continue until there are just 500 LOCC tokens remaining.
LOCC tokens are currently traded on Uniswap and not yet listed on Coingecko or CoinMarketCap. The presale hard cap was reached in less than one minute in the successful initial liquidity offering event. The circulating supply will continue to deflate until there are just 500 tokens left. 60% of the total liquidity that was raised from the LowOrbit.Finance pre-sale has been locked into a liquidity contract. With such a low total supply, a smaller circulating supply, and the circulating supply being reduced with each transaction, LOCC makes for a unique decentralized finance token.
You must obtain professional or specialist advice or carry out your own due diligence before taking, or refraining from, any action on the basis of the content on our site. Any terms and conditions entered into by contributors in respect of the acquisition of Tokens are between them and the issuer of the Token and ICOholder is not the seller of such Tokens. There is a limit of 500 $LOCC burned to avoid the supply going to zero. This means that the market cap can be multiplied at each transfer and on token burning events. One ETH wallet chosen by random via their open-source code on Github and executed by Ethereum smart contracts sends a ‘staking astronaut’ into orbit multiple times throughout each day. Fees are generated from the trades at a 5% burn rate and 5% placed in the pool for the next propulsion.
Historical Exchange Rate Graph for CAD to LOW ORBIT CRYPTO CANNON
If you would like to buy Low Orbit Crypto Cannon, which is currently not listed on Binance, you can follow the step-by-step guide below. It will show you how to buy Low Orbit Crypto Cannon by connecting your crypto wallet to a decentralized exchange using your Binance account to buy the base currency. The Low Orbit Crypto Cannon price page is just one in Crypto.com Price Index that features price history, price ticker, market cap, and live charts for the top cryptocurrencies.
Links provided to third-party sites are also not under Binance’s control. Binance is not responsible for the reliability and accuracy of such third-party sites and their contents. Once your wallet is setup, you can login to your binance account and proceed to the Buy & Sell crypto webpage to buy the Ethereum. If you are not an existing user, you can refer to our How to Buy Ethereum guide on registering and buying your first cryptocurrency on Binance.
On the official website, the number of tokens that have been burned is indicated, which subsequently reduces the supply with each transaction. Blockcast.cc is a broadcasting news source for the blockchain community. We have a network of partners in China, Hong Kong, South Korea, Singapore and Malaysia. We have also helped global blockchain and cryptocurrency companies reach their marketing, public relations and advertising goals. Low Orbit Crypto Cannon current price and Low Orbit Crypto Cannon details. Existing circulation, market capitalization, volume of transactions and more details of Low Orbit Crypto Cannon.
If you do plan on staking, something important to note is that there will be a 10% transaction fee. You will have to do the math so that you can ensure you are staking enough LOCC tokens so that you will still have 0.055 staked and not 10% less. The circulating supply will also continue to deflate until there are just 500 tokens left in circulation. You can learn more about https://cryptolisting.org/ (LowOrbit.Finance) $LOCC by visiting their official website or socials below. Doing some quick math, the current market cap of LOCC sits at just under $1 million relative to USDC coin. With such a low supply and low market cap, this could be a token worth keeping an eye on.
The pool rewards for each propulsion come from the fees being generated from the transactions of the LOCC token. Fees are generated from each trade and are partially burned and then one Ethereum wallet that is staking receives all of the collected fees that accumulated within the previous 276 blocks . The information contained on this Website is provided for general informational purposes only. All predictions on the website represent a possible price development of cryptocurrencies, but they are just predictions, not trading signals or any recommendations.
NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies. Low Orbit Crypto Cannon is a crypto deflationary token made for the community, owned by the community, with a fair pre-sale in which everyone can participate. Binance – Buy over 350 tokens in seconds with fees as low as 0% 0% FEES Spot, futures, options, NFTs, savings, staking, and Binance Card. Low Orbit Crypto Cannon ($LOCC), a deflationary token for the community by the community, to be sold on Uniswap via Unicrypt in the form of an initial liquidity offering from tomorrow May 12.
LowOrbit.Finance is a deflationary DeFi token built using smart contracts on the Ethereum blockchain. The token is not yet listed on Coingecko or Coinmarketcap and the project is in the early stages of its release. You can learn more about Low Orbit Crypto Cannon by visiting its official site or social media accounts below. For your chance to win one of the propulsion draws, be sure to check out this new deflationary DeFi token.