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About LMR

The Lumerin protocol decentralizes the routing layer and makes Web3 and peer-to-peer communications truly peer-to-peer and fully programmable using smart contracts.

Lumerin (LMR) is a cryptocurrency launched in 2022. LMR has a current supply of 1.00Bn with 606.62M in circulation. The last known price of LMR is 0.023973213037 USD and is -0.002817485318 over the last 24 hours. It is currently trading on active market(s) with $142.91M traded over the last 24 hours. More information can be found at https://lumerin.io/.

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Updated Jul 23, 2024 4:28 pm
Mkt Cap $14.54M
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Frequently Asked Questions

  • What is the Lumerin (LMR) Price Prediction?

    Although it is almost impossible to make an accurate Lumerin price prediction over any duration, the new crypto project could see its token LMR price head up as more features are added and it gains more traction among end users. Looking at its past performance, the LMR price touched an all-time high of over $0.33 in March 2022. As of August 2022, the Lumerin price is trading well below its highest price. However, this gives the crypto a scope of reclaiming the ATH level in the future, powered by improving market conditions and higher adoption of its network. The Lumerin price could register an uptick as the crypto market sentiment turns bullish, encouraging more buyers to enter the space and invest in trending coins. Increased investor confidence will drive new traders to look for upcoming projects and tokens to invest in, a factor that could drive up the value of the LMR coin. This could positively impact the LMR price statistics and market capitalization.

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  • What is LMR Coin Used For?

    The LMR coin is the native crypto asset of the Lumerin ecosystem. It serves the following functions: Transaction Fees LMR is used to pay transaction fees within the Lumerin network. Any interaction with dApps or execution of smart contracts will require transactions made in LMR crypto. Mining Rewards Network participants who contribute to validating hashrate and transactions in the Lumerin network can mine LMR and receive a portion of the mined crypto as rewards for their efforts. As an incentive token, LMR helps secure the Lumerin Protocol. 25% of LMR’s total supply has been allocated for mining and will be released to the Lumerin community over ten years. Crypto Asset to Trade and HODL You can invest in the LMR crypto and use it for trading in the market as a way to grow your crypto portfolio. Based on market conditions, buy or sell Lumerin Protocol against other cryptos, stablecoins, or the United States dollar (USD). You can also invest in LMR and hold it long-term if you believe in the future potential of the Lumerin Protocol. Assess the current Lumerin price, LMR market cap, circulating supply, 24-hour trading volume, and latest crypto news before you trade Lumerin Protocol. Earn Passive Income Some exchanges and DeFi platforms enable you to grow your crypto portfolio by investing in LMR as a way to generate passive income. You can research such platforms, compare their returns, and find the best option to buy and deposit LMR to create a stream of revenue risk-free and conveniently.

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  • How Many Lumerin Coins Are There?

    The total supply of LMR has been fixed at 1 billion. The token distribution of Lumerin tokens is as follows: ⧫ 0.1% was allocated for the Strategic Round of fundraising. ⧫ 8% or 80 million LMR coins were allotted towards the private token sale to raise funds for the Lumerin Protocol.⧫ 15% of the LMR total supply, 150 million, was set aside for the seed round. ⧫ 4.3% of LMR coins were distributed during the public sale. ⧫ 25% of LMR’s max supply was assigned to the core team under strict lockups and a vesting schedule.

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  • Can You Mine LMR Coin?

    25% of the total supply of Lumerin coin can be mined. As of August 2022, however, this feature is yet to go live on the platform. Lumerin’s decentralized mining platform, the Lumerin Hashpower Marketplace, is expected to go live in September 2022. The team could add the mining feature for LMR crypto after the marketplace launches. Watch this space for more details!

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  • How to Earn LMR Crypto

    The team behind the Lumerin Protocol has announced the Lumerin Earn program for its community in June 2022. They have partnered with Vesper Finance for users to deposit USDC and start earning LMR coins on the DeFi protocol. Here’s how to earn LMR using Vesper Finance: 1. Head to the Vesper app homepage and connect your crypto wallet to the DeFi platform. 2. Ensure you have sufficient USDC funds to use. If not, buy USDC on KuCoin or other supported platforms to fund your wallet. 3. Head to Pools on Vesper after connecting your wallet to the DeFi app. 4. Find the pool where you can Deposit USDC and Earn LMR under the Actions column on the page. 5. Enter the number of USDC you want to deposit in the pool. 6. Click on the Deposit button after verifying all details so your wallet can process the transaction. 7. Sit back and earn LMR rewards through depositing USDC.

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  • What is the all-time high price of Lumerin (LMR)?

    The all-time high of LMR was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of Lumerin (LMR) is 0. The current price of LMR is down 0% from its all-time high.

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  • How much Lumerin (LMR) is there in circulation?

    As of , there is currently 606.62M LMR in circulation. LMR has a maximum supply of 0.

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  • What is the market cap of Lumerin (LMR)?

    The current market cap of LMR is 14.54M. It is calculated by multiplying the current supply of LMR by its real-time market price of 0.023973213037.

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  • What is the all-time low price of Lumerin (LMR)?

    The all-time low of LMR was 0 , from which the coin is now up 0%. The all-time low price of Lumerin (LMR) is 0. The current price of LMR is up 0% from its all-time low.

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  • Is Lumerin (LMR) a good investment?

    Lumerin (LMR) has a market capitalization of $14.54M and is ranked #995 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Lumerin (LMR) price trends and patterns to find the best time to purchase LMR.

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