Lisk
About Lisk
The price of Lisk (LSK) is $0.81509374 today, as of Sep 16 08:23 p.m., with a 24-hour trading volume of $3.34M. Over the last 24 hours, the price has increased by 0.15%. Lisk currently has a circulating supply of 159.78M and a market cap of $130.23M.
LSK is the utility token of Lisk, a blockchain platform that enables developers to produce and distribute decentralized apps, or dapps. The apps are written in Javascript and Typescript, both of which are commonly used in general web development. Through Lisk, developers can create custom dapps and cryptocurrencies by using sidechains.
LSK has a total supply of 144.8 million tokens, and its maximum supply is unknown.
The tokens are mined through a process known as “forging,” which uses the proof-of-storage algorithm. It is not accessible to all users, as there are only 101 “trusted forgers” on the network at any time. New LSK tokens are created every time a new block is generated on the network. Forging rewards go down every 3 million blocks by 1 LSK, and they will remain at 1 LSK per block after five years.
The LSK token has seen wild price swings since the token started trading in May 2018. The token reached its all-time high of $34.92 in January 2018. Its all-time low came in March 2017, when the LSK price hit $0.101672.
LSK had a massive run-up from May 2017 to mid-February 2018, with prices ranging from $0.5 to $34.92. By late 2018, the token price’s fell to $1.5 and lower and resumed sideways momentum until February 2021. A brief spike in May 2021 saw its price return to $8.96, although it soon dropped to below $2 by late June 2021. Since then, LSK has remained range-bound between $2 and $9.