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    LBRY Credits

    LBC

    Rank #2666

    $0.003320

    +11.0065%
    24H Low$0.002752
    $0.00332624H High
    24H Volume
    $11303.5
    All-Time High(ATH)
    $1.6
    All-Time Low(ATL)
    $0.0006191
    Market Cap
    $2.17 M
    Fully Diluted Valuation
    $3.6 M
    Market Cap/FDV
    60.4%
    Circulating Supply
    654.24 M LBC
    Total Supply
    1.08 B LBC
    Max Supply
    1.08 B LBC
    Market Sentiment
    Neutral
    * Data from 3rd parties

    LBRY Credits (LBC) Price Trends

    Time period
    Change amount
    % Change
    1H
    $--
    +12.73%
    24H
    $--
    +11.01%
    7D
    $--
    +7.25%
    30D
    $--
    -26.15%
    1Y
    $-0.01000
    -74.34%

    Credibility Indicators

    69.93

    Reliability Score

    Rank #1

    # 2075

    Percentile

    TOP 15%

    Investors

    Pillar VC

    Pillar VC

    Live LBRY Credits (LBC) Price Update

    LBRY Credits price today is $0.003320 with a 24-hour trading volume of $11303.5, and as such LBRY Credits has a market cap of $2.17 M, giving it a market dominance of 0.00013%. The LBRY Credits price moved 11.01% in the last 24 hours.

    LBRY Credits reached its highest price on 2016-07-14 when it was trading at its all-time high of $1.6, while its lowest price was recorded on 2022-11-08 when it was trading at its all-time low of $0.0006191. The current lowest price since the last cycle high was $0.0006191, and the highest price since the last cycle low was $1.6. The social sentiment of LBRY Credits is currently Positive.

    The current circulating supply of LBRY Credits is $654.24 M LBC. In terms of market cap, LBRY Credits is currently ranked 2666.

    About LBRY Credits (LBC)

    LBRY (pronounced “Library”) is a decentralized digital content distribution protocol and a marketplace for the same. It supports a variety of content which includes but not limited to videos, songs, ebooks, etc. LBRY uses blockchain at its core, which enables content to only be controlled by its author/ publisher, not by any third party, effectively eliminating issues like censorship and copyright strikes. Since the code of the LBRY project is open-source, developers can create their own decentralized apps (dApps). Content creators can use these apps to upload their content on the LBRY network and monetize it by setting a fee. LBRY credits or simply LBC is the cryptocurrency created by the LBRY network to fuel its entire digital content market. The LBC coin is required by consumers to access the monetized content on LBRY network. The LBRY platform also allows LBC mining by giving block rewards. Jeremy Kauffman co-founded LBRY Inc. with the vision of a decentralized global content hub, controlled and owned by no one. Currently, Jeremy is the chief executive officer of LBRY Inc. Before working on the LBRY project, Jeremy founded TopScore, a million dollars event and activity registrations startup. There are three other co-founders who serves on different positions in LRBY Inc: Alex Grintsvayg (Chief Technical Officer), Josh Finer (Director of Operations and Analytics), and Jack Robison (Protocol Developer). LBRY provides its own official app, which can be used to store LBC. The LBRY app is available for multiple operating systems such as Windows, MacOS, and Linux. Android and iOS versions are still in development. Other than its official LBRY wallet, users can opt for the Coinomi mobile wallet, which is recommended by LBRY. LBC can only be obtained through exchange. Users can also take advantage of LBC mining and various rewards given in LBC coin by LBRY network to its users. Although the concept behind the LBRY network has a lot of potential for growth, it f

    FAQs

    1. What determines the price movement of LBRY Credits?

    There are two schools of thought in determining the price of LBRY Credits.
    By way of intrinsic value: This typically involves on-chain metrics, project metrics and financial metrics of LBRY Credits, collectively known as fundamental analysis. The law of supply and demand, tokenomics, use case, project roadmap as well as regulations and governance involved would affect the value of LBRY Credits from a long term perspective.
    By way of price action: Primarily analyzed via candlestick chart patterns and technical indicators such as MACD, RSI and the bollinger bands, technical analysis forecasts the price of LBRY Credits on the basis that history tends to repeat itself. As the candlestick charts are a general representation of the emotion of the market, news announcements and community sentiment can be significant price action drivers for LBRY Credits as well.
    Investors tend to prefer the long term nature of fundamental analysis, whereas short term traders tend to rely on technical analysis more. In reality, both analyses may combine and create interesting scenarios for LBRY Credits and the cryptocurrency market as a whole.

    LBRY Credits Tokenomics

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    LBRY Credits Analysis

    Date
    Market Cap
    Volume
    Open
    Close
    2024-04-18
    $1.98 M
    9020.42 LBC
    $0.003033
    N/A
    2024-04-17
    $2.02 M
    8613.55 LBC
    $0.003093
    $0.003033
    2024-04-16
    $2.21 M
    19057.81 LBC
    $0.003380
    $0.003093
    2024-04-15
    $2 M
    11436.01 LBC
    $0.003052
    $0.003380
    2024-04-14
    $1.88 M
    17825.6 LBC
    $0.002879
    $0.003052
    2024-04-13
    $1.82 M
    25614.16 LBC
    $0.002778
    $0.002879
    2024-04-12
    $2.05 M
    54813.12 LBC
    $0.003131
    $0.002778