Locus Chain

LOCUS Price

What is Locus Chain about?

Locus Chain aims to be a widely used Next Generation Layer 1 Public Blockchain Protocol, achieving both full decentralization and scalability. As a decentralized, scalable layer 1 chain based on patented technologies, Locus Chain supports various Defi, GameFi, Metaverse, Smart City, and CBDC projects by being a reliable, secure, low-cost, and high-performance layer 1 public blockchain platform. Locus Chain claims to be the first decentralized Layer 1 public blockchain to solve the blockchain trilemma of decentralization, scalability, and security.

What makes Locus Chain unique?

The LOCUS token is the main cryptocurrency required for all Locus Chain network operations and applications. LOCUS is a payment method for the network economy, used by validators, developers, and users to participate in the LOCUS network and receive rewards. It is also used for fees and future governance. Locus Chain features a unique technology called DAG (Directed Acyclic Graph) - AWTC (Account-Wise Transaction Chain), a central data structure for high-capacity, distributed transaction processing. Additionally, Locus Chain uses a POS - BFT Consensus Algorithm, Verifiable Pruning, and Dynamic Sharding.

What's the history of Locus Chain?

The key development members of Locus Chain were developers of the Blueside Engine, Korea's first commercial game engine. The core of Locus Chain technology is to effectively process and synchronize large amounts of network traffic. The developers of Blueside Engine have acquired 18 software development-related intellectual property rights and hold 2 other software patents, accumulated through console/online games and software development over the past 20 years.

What's next for Locus Chain?

Top developers and high-profile business partners are participating in Locus Chain's development. The high-performance Layer 1 blockchain can create various business opportunities in sectors such as decentralized finance, real estate transaction platforms, and game money, as well as creating other tokens. Locus Chain allows users to use the blockchain verification service through a simple linkage without building a separate blockchain. Technology licensing will be carried out in the future in areas like CBDC and IoT, including smart cities, smart factories, and smart grids, based on vast amounts of data.

Where can you buy Locus Chain?

LOCUS tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Locus Chain is KuCoin, where the most active trading pair LOCUS/USDT has a trading volume of $54,391.73 in the last 24 hours. Other popular options include XT.COM and GoPax.

What is the daily trading volume of Locus Chain (LOCUS)?

The trading volume of Locus Chain (LOCUS) is $128,398.47 in the last 24 hours, representing a 34.90% increase from one day ago and signalling a recent rise in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Locus Chain (LOCUS)?

Locus Chain (LOCUS) reached an all-time high of $0.7529 and an all-time low of $0.00003026. It’s now trading -99.20% below that peak and 20,492.70% above its lowest price.

What is the fully diluted valuation of Locus Chain (LOCUS)?

The fully diluted valuation (FDV) of Locus Chain (LOCUS) is $43,611,512. This is a statistical representation of the maximum market cap, assuming the maximum number of 7 Billion LOCUS tokens are in circulation today. Depending on how the emission schedule of LOCUS tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of Locus Chain compare against its peers?

With a price decline of -4.70% in the last 7 days, Locus Chain (LOCUS) is underperforming the global cryptocurrency market which is down -4.50%, while underperforming when compared to similar Smart Contract Platform cryptocurrencies which are down -4.00%.

How to add Locus Chain (LOCUS) to MetaMask?

Adding Locus Chain (LOCUS) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import LOCUS as a token. You can copy LOCUS’s contract address (0xc64500dd7b0f1794807e67802f8abbf5f8ffb054) and import it manually, or if you've installed MetaMask's chrome extension, add LOCUS to MetaMask with one click on CoinGecko.

Add LOCUS to MetaMask.