The current real-time price of LUM is $0.0{4}1462. In the past 24 hours, LUM has traded between $0.0{4}1412 and $0.0{4}1532, showing strong market activity. The all-time high of LUM is $0.0221, and the all-time low is $0.0{4}1374.
From a short-term perspective, the price change of LUM over the past 1 hour is , over the past 24 hours is +1.15%, and over the past 7 days is -3.44%. These figures provide a quick overview of the latest price trends and market dynamics of LUM on LBank.-9.39%
The live price of LUM today is $0.0{4}1462, with a current market cap of $0. The 24-hour trading volume is 7.53. The price of LUM to USD is updated in real time.
Before deciding whether to buy or sell LUM, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s LUM technical analysis can provide you with trading references.
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for LUM.
How much will LUM be worth tomorrow, next week, or next month in ? What about your LUM assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! LUM Price Prediction
To learn more about LUM, consider exploring other resources such as the whitepaper, official website, and other published information:
Lum Network is an open-source blockchain platform built on the Tendermint & Cosmos SDK. It's designed to facilitate decentralized applications (DApps) with a focus on speed, security, and sustainability. The project aims to create a decentralized ecosystem that prioritizes community-driven value creation and enables businesses to build authentic trust with their customers.
The LUM token is the native cryptocurrency of the Lum Network, acting as its primary fuel. Businesses utilize LUM to leverage the network's trust layer, often to reward their customers. Additionally, LUM plays a crucial role in securing the network, as validators and delegators use it through a Delegated Proof-Of-Stake (DPoS) algorithm to maintain its integrity and operations.
LUM tokens are available for trading on various cryptocurrency platforms. While direct listings on all centralized exchanges (CEXs) may vary, users can typically acquire LUM by first purchasing a commonly traded digital asset like USDT on a CEX. This can then be used to swap for LUM on a decentralized exchange or through a compatible crypto wallet. It's advisable to check the specific trading pairs offered by your preferred platform for availability.
You can store LUM tokens in any crypto wallet that supports the Lum Network. For enhanced security and greater control over your private keys, non-custodial wallets are generally recommended. These often include wallets compatible with Cosmos-based tokens, which allow users to manage their assets directly without relying on a third party.
LUM tokens can be staked to help secure the network and earn potential rewards. This process typically involves delegating your LUM holdings to a trusted validator. Staking rewards are usually distributed in LUM tokens. It's important to note that there is often an unbonding period, for example 21 days, during which your funds remain locked when you choose to unstake them.
Lum Network is built upon the robust Tendermint & Cosmos SDK, a widely adopted framework for developing application-specific blockchains. This architectural choice emphasizes decentralization as a core principle. By leveraging this technology, the network significantly reduces single points of failure, thereby enhancing its resilience against potential attacks and ensuring a more stable and secure operating environment.
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