Lottery Token

LOT Price

What is Lottery Token about?

LOTTERY TOKEN is a decentralized lottery protocol on Base Chain. It allows users to participate automatically by holding 20k LOT tokens, eliminating the need for tickets or manual draws. A 5% fee on every transaction contributes to the lottery pool, which is awarded to a randomly selected address once it reaches 1 million tokens.

What makes Lottery Token unique?

Lottery Token stands out as the first truly decentralized lottery protocol on Base Chain. Its unique feature is that holding the token (LOT) equals automatic participation, with no need for tickets or manual draws. The lottery pool is funded by a 5% fee on every transaction, ensuring a continuous and fair system for all participants.

What can Lottery Token be used for?

Lottery Token (LOT) can be used to participate in a decentralized lottery system. By holding 20k LOT tokens, users are automatically entered into the lottery, with the potential to win the pool once it reaches 1 million tokens. The token also generates revenue through a 5% transaction fee that funds the lottery pool.

Where can you buy Lottery Token?

LOT tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade Lottery Token is Uniswap V2 (Base), where the most active trading pair LOT/WETH has a trading volume of $381.48 in the last 24 hours.

What is the daily trading volume of Lottery Token (LOT)?

The trading volume of Lottery Token (LOT) is $377.52 in the last 24 hours, representing a 0.00% 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 Lottery Token (LOT)?

Lottery Token (LOT) reached an all-time high of $0.0008948 and an all-time low of $0.00005309. It’s now trading -77.70% below that peak and 276.60% above its lowest price.

What is the market cap of Lottery Token (LOT)?

Market capitalization of Lottery Token (LOT) is $199,947 and is ranked #5031 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of LOT tokens (1 Billion tokens are tradable on the market today).

What is the fully diluted valuation of Lottery Token (LOT)?

The fully diluted valuation (FDV) of Lottery Token (LOT) is $199,947. This is a statistical representation of the maximum market cap, assuming the maximum number of 1 Billion LOT tokens are in circulation today. Depending on how the emission schedule of LOT tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of Lottery Token compare against its peers?

With a price increase of 10.20% in the last 7 days, Lottery Token (LOT) is underperforming the global cryptocurrency market which is up 10.40%, while underperforming when compared to similar Decentralized Finance (DeFi) cryptocurrencies which are up 10.80%.