Table of Contents:
- Coin prognosis
- What is Lynx coin?
- Future price prediction
- Frequently asked questions
- Historical Price Data
- Where to buy LYNX
Possible bearish downtrend on Lynx Downside
Lynx's price has performed poorly over the past weeks. Buying LYNX at this time may lead to loss of capital.
LYNX Price | $0.0003 USD |
Price Change 24hours | $0.0000 USD (6.28%) |
24h Low / 24h High | $0.0003 / $0.0003 USD |
Trading Volume 24hours | $0 USD |
Market Cap | $0 USD |
What is Lynx? Fundamental Analysis
LYNX is a Hybrid Proof of Work coin with a code that purposefully lacks incentives to mine it for profit. As a result, LYNX is more user-friendly to mine and more eco-friendly than other cryptocurrencies that have unsustainable energy requirements. The entire LYNX network is designed to operate on a collaboration of low power devices like Raspberry Pi, resulting in a global mining cost of only dollars a day. The emphasis on low-cost computing also creates a more decentralized, broad miner base which strengthens the stability and security of the currency. Lynx was designed to have a minimal environmental impact because it’s committed to creating global solutions and maintaining a small carbon footprint.Features:Lynx HPoW still uses PoW but modifies it so it isn’t profitable and, as a result, creates an entire cryptocurrency network that can run on energy efficient, easy to set-up, low-cost computers or cloud services.The Lynx Cryptocurrency Installer (LynxCI) is a program that runs on a Linux operating system - specifically Ubuntu and Raspian. LynxCI installs the latest stable release of Lynx along with the full historical blockchain history of the project which includes over four years of transactional data. LynxCI also installs a mining software package that allows the device to mine the Lynx HPoW coin. Through solo mining, the software allows the node to actively participate in the Lynx network by creating and confirming transactions on the network in the mining process. LynxCI is intended to be used on computers with relatively limited RAM and processing power (such as Raspberry Pi 3), but it can also be used in cloud VM environments.Technology:Basic Coin Parameters1. 30-second block time2. Cost of a transaction is .0001 Lynx/kilobyte3. 1-week block reward maturity for miners4. 1 Lynx block reward plus feesThe Lynx code includes the DigiShield difficulty adjustment algorithm. This enhancement better ensures the 30-second block-time average and provides support for low-hash, eco-friendly mining rigs to mine blocks after a high-powered mining rig leaves.
Future price prediction
Date | Price | Possible movement |
---|---|---|
Jun 4, 2023 | $0.0003 | Neutral |
July, 2023 | $ 0.0002 USD | Downside |
August, 2023 | $ 0.0002 USD | Downside |
September, 2023 | $ 0.0002 USD | Downside |
December, 2023 | $ 0.0002 USD | Downside |
June, 2024 | $ 0.0002 USD | Downside |
LYNX Crypto Price Forecast: Frequently Asked Questions
Question | Answer |
---|---|
What will be the highest price of Lynx (LYNX) in future? | Our analysis shows Lynx is already past it's immediate all time high, indicating a bearish signal! |
Will Lynx (LYNX) price increase in future? | No. Our algorithms indicate that Lynx (LYNX) will experience a significant decline in future. As low as $0.0002/LYNX |
Will an Investment in Lynx (LYNX) be profitable or make a loss? | Probably Loss making. |
What will be the lowest price of Lynx (LYNX) in future? | $0.0002 USD |
Will the price of Lynx (LYNX) move downward in future? | Down only |
At the end of the year, what will be the price of 1 Lynx? | Our analysis shows an end of year prognosis of 1LYNX = $0.0002 USD. |
Where do I buy Lynx? | We have curated some great options. Buy LYNX coin here → |
Historical Price Data (USD)
Poor volume like LYNX could be an indication of short term bearishness.
Date | Price | Volume |
---|---|---|
March 14, 2019 | $0 | $0 |
March 14, 2019 | $0 | $0 |
March 14, 2019 | $0 | $0 |
March 14, 2019 | $0 | $0 |
March 14, 2019 | $0 | $0 |
March 14, 2019 | $0 | $0 |
March 14, 2019 | $0 | $0 |
March 14, 2019 | $0 | $0 |
March 14, 2019 | $0 | $0 |
March 14, 2019 | $0 | $0 |
March 14, 2019 | $0 | $0 |
March 14, 2019 | $0 | $0 |
March 14, 2019 | $0 | $0 |
March 14, 2019 | $0 | $0 |
March 14, 2019 | $0 | $0 |
March 14, 2019 | $0 | $0 |
March 14, 2019 | $0 | $0 |
March 14, 2019 | $0 | $0 |
March 14, 2019 | $0 | $0 |
March 14, 2019 | $0 | $0 |
March 14, 2019 | $0 | $0 |
March 14, 2019 | $0 | $0 |
March 14, 2019 | $0 | $0 |
March 14, 2019 | $0 | $0 |
March 14, 2019 | $0 | $0 |
March 14, 2019 | $0 | $0 |
March 14, 2019 | $0 | $0 |
March 14, 2019 | $0 | $0 |
March 14, 2019 | $0 | $0 |
March 14, 2019 | $0 | $0 |
Steps to buy Lynx (LYNX) in 2023
- Buy Bitcoin directly on Coinbase, Binance or Paypal
- Send the BTC to an Exchange that supports LYNX/BTC pair.
- Now, Buy Lynx with BTC: Below is a detailed breakdown of exchanges that support Lynx and their trading.