The LX Crypto increased by 68% in the last 24 -hour trade before a list on the South Korean Crypto Exchange Bithumb.
According to COINGECKO data, Elixir’s (ELX) ralled on March 11 for a high time of $ 0.726, as its market cap was ahead of $ 100 million. Its daily trading volume was $ 117 million compared to the previous day.
After the benefit of LX after the South Korean Crypto Exchange Bithumb, it was revealed today that it would add Altcoin to its Korean victory market.
According to the official of Bithumb AnnouncementTrading for LX will start from KST on Tuesday, March 11, 2025 at 4:00. Deposit and withdrawal will open within 2 hours of notice, but only on the atherium network.
The initial price of LX will be 681 yen, and traders should wait for 33 deposits confirm before processing the transaction.
Bithamb has also imposed some temporary restrictions on the launch. For the first five minutes, buyers cannot place orders, and sell orders, the base price should remain between -10% and +100%. The first trading kicks only after going through the trade.
Today’s benefits also followed the project’s decision to open their verification program for the public, making participants capable of directly contributing to the decentralization and safety of the network while earning prizes.
Additionally, ELX’s current rally enhanced the benefit of following its exchange listing on BITGET, KRAKEN, Bybit, and Coinw on 7 March. It came a day after the token generation event on 6 March 2025, which established a total supply of 1 billion ELX tokens.
What is LX Crypto?
The LX is a native and governance token of the LX Elixir, a modular decentralized liquidity network designed to increase liquidity on orderbook exchanges.
Launched in October 2024, Elixir scored the first $ 8 million funding round in March this year, co-dated by Miston Labs and Malestrom, contributing to many times, Arthur Hayes, Amber Group, GSR, Flodek and others.
The Elixir’s ecosystem also includes Deusd, which is a completely collateral, yield-as synthetic dollar, operated by the Elixir network, which supports real-world property tokens by facilities such as Blacrock, Hamilton Lane, Apollo and others.
