LINK is currently trading at $42.51, after a price change of 4.88% in the last 24 hours.
Ranked as cryptocurrency #215 by capitalization today, LN market cap is valued at $286,093,811. LN trading volume reached $1,389,671 in the last 24 hours. We track cryptocurrency data live in real-time. Make your own forecast on LN coin price prediction page.
What is LINK?
LINK is a multi-purpose cryptocurrency issued by blockchain network LINE. LINE is an open-source blockchain that enables users to issue tokens. The platform aims to create a secure and convenient token economy. LINE charges fees from all the dApps running on the network and related transactions.
LINE protocol is composed of LINE blockchain developers, LINE BITMAX wallet, and LINE Blockchain explorer. The developer platform equips creators with tools for blockchain services. LINE BITMAX wallet is linked to LINE ID for enhanced asset management. The explorer facilitates the sharing of blockchain data for transparency. LINE uses a Root-Leaf structure in an interconnected blockchain for the trading of assets between various protocols.
LN is the native token powering the LINE network. There are 5,975,799 circulating LN tokens from a total supply of 6,044,999. The token is used to reward network contributors and create a balanced economic model. LINK is used in buying content, e-commerce transfers, trading in-game items, and exchanging with other assets. The holders can also use the asset to contribute to the governance decisions of the protocol.
LN token was launched in 2018 by messenger company LINE Corporation.