Prominent exchange OKEx added support for the Lisk [LSK] token earlier today. The Lisk token is the token used as a currency on the Lisk blockchain.
The token has a maximum circulating supply of 106 million Lisk tokens. The block reward for blockchain will be 5 for the first year, 4 tokens for the second year, 3 Lisk for the third year, 2 for the fourth year, and will finally reduce to 1 token, resulting in an inflation rate of about 1% after the last decrease.
The price of the Lisk token was trading around the $8 mark over the week, with a spike seen on May 29th. The price quickly rose from $8.08 to $8.62 within a few hours. While it did see a small drop on May 31st from $8.69 to $8.35, it gained back its losses over the next day.
There is a potential for a rally forming as the price shot up from $8.63 to a high of $9.33 earlier today. It broke the $9 resistance with abandon, as it demonstrated a growth rate of 8.1% in just a few hours!
Twitter user Jurgen Houtepen said:
“nice job. can you pls add @ZebidataIndia dear Okex team?”
Lois Cabali said:
“Still waiting for credits. When r u gonna list it?”
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