Locus Chain Price

(LOCUS)
USD($)
Locus Chain (LOCUS) Live Price Chart

Locus Chain Live Price Data

The live price of Locus Chain is $0.01653, with a total trading volume of $ 159,070 in the last 24 hours. The price of Locus Chain changed by +3.89% in the past day, and its USD value has decreased by -10.68% over the last week. With a circulating supply of 2.08B LOCUS, the market cap of Locus Chain is currently 36.08M USD, marking a --% increase today. Locus Chain currently ranks #-- in market cap.
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Note: This data is for reference only.
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Locus Chain(LOCUS) Profile

altRank--
rate--
Expand
Documentation
Contract
Ethereum 0xc64500...054
Audited By
--
Code & Community
Investors
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$0.01558
$0.01739
$0.23629
+0.42%
+3.89%
-10.68%
$36.08M 
$159,070 
2.08B
7B

About LOCUS

How can I buy Locus Chain (LOCUS)?

Buying LOCUS on KuCoin is fast and simple. Create an account, verify your identity, deposit funds, and start your trading. It's that simple! See How to Buy Locus Chain (LOCUS) for more information.

What Is Locus Chain (LOCUS) Crypto?

Locus Chain is a decentralized, high-performance public blockchain protocol that supports global retail mass adoption. Its unique scalability features make it ideal for various industries, including AI, smart city, and gaming projects that require large-scale data processing.

Locus Chain aims to provide a secure and efficient blockchain platform with high throughput while maintaining its decentralized nature. One of the critical features of Locus Chain is its ability to handle a large volume of transactions with improved processing speed, making it suitable for various hardware devices.

The platform utilizes a dual encryption system with a normal signature key for general transactions and post-quantum cryptography (PQC) applied master signature for added security in preparation for the quantum computing era. Locus Chain has gained momentum in various industries and use cases, including the world's first successful replacement of game servers and cooperation with Bloom Technology-SRMC in building a blockchain ecosystem for global cosmetic businesses and medical industries.

LOCUS is the native token of the Locus Chain ecosystem and is used for all operations and payments within its network economy. Validators, developers, and users use it to participate in the LOCUS network and receive rewards.

How Does Locus Chain Work?

Locus Chain is a hybrid blockchain protocol that combines a public blockchain with a consortium blockchain. The public blockchain is used for data storage, while the consortium blockchain is used for consensus.

Locus Chain enhances parallel transaction processing by utilizing a non-linear DAG structure known as AWTC (Account-Wise Transaction Chain) rather than a linear "chain" configuration. Furthermore, Locus Chain employs a PoS-based BFT consensus mechanism to address the limitations of PoW and Nakamoto Consensus in terms of performance and determinability while maintaining fairness among participating nodes.

The network incorporates a Dynamic Sharding data-distribution strategy to reduce network burdens while preserving the ledger’s integrity. The Verifiable Pruning technology employed by Locus Chain significantly decreases the storage space needed for nodes, making it possible for small-footprint devices such as IoT gadgets and smartphones to participate in the Locus Chain network.

Additionally, Locus Chain recognizes the potential threat emerging Quantum computing technology poses to blockchain systems. It addresses this by implementing a post-quantum resistant cryptographic system that separately manages the master and regular keys.

History of Locus Chain

Locus Chain was founded by Sang Yoon Lee and co-founders Young Hyun Joo and Se Jung Kim in 2018. The Locus Chain Foundation team focused on designing the network architecture, implementing the BFT agreement on DAG-AWTC, and establishing the dual key system with a quantum computing resistance algorithm in the year.

In 2019, Locus Chain rolled out Verifiable Pruning, started the development of Dynamic Sharding, and launched its public testnet. Dynamic Sharding was rolled out the following year, along with upgrading the public testnet for supporting mobile and IoT devices as nodes.

Locus Chain’s EVM linkage was established in 2021, along with the testnet of its GameChain network. The Locus Chain mainnet, GameChain, was launched in 2022 and implemented CoreScript, smart contracts, and SDK.

The LOCUS token’s public launch occurred in 2023 via Coinswap. Other focus areas as of April 2023 include establishing interoperability with other blockchain networks, launch of official wallet, blockchain explorer, and dApps in its ecosystem.

Locus Chain (LOCUS) Price Movements ($)
PeriodChangeChange (%)
Today$0.000573.63%
7 Days$-0.00198-10.69%
30 Days$0.0039531.45%
3 Months$0.001197.82%
24H Investment Barometer
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Buy
The Investment Barometer represents the current sentiment of the majority of KuCoin users. It is based on multiple indicators, and can be used as an aspect to take into consideration when planning investments.
Risk warning:Please note that the Investment Barometer is provided for informational purposes only and is not an investment advice. Investing carries risk. Please make investment decisions cautiously and based on your own judgement.
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Locus Chain Conversion Rate
  • 1 LOCUS to USD$0.01653345
  • 1 LOCUS to EUR€0.01521276
  • 1 LOCUS to AUD$0.02483787
  • 1 LOCUS to KRW₩22.47
  • 1 LOCUS to JPY¥2.59
  • 1 LOCUS to GBP£0.01295313
  • 1 LOCUS to INR₨1.37
  • 1 LOCUS to IDRRp266.05
  • 1 LOCUS to CAD$0.02253509
  • 1 LOCUS to RUB₽1.48

FAQ

How much is 1 Locus Chain (LOCUS) worth?
KuCoin provides real-time USD price updates for Locus Chain (LOCUS). Locus Chain price is affected by supply and demand, as well as market sentiment. Use the KuCoin Calculator to obtain real-time LOCUS to USD exchange rates.
Is Locus Chain a Good Investment?

Whether or not Locus Chain is a good investment depends on various factors and individual preferences. Conducting thorough research and due diligence before making any investment decisions is essential.

However, the project has strong fundamentals supporting its claim to become an interesting crypto asset. The blockchain offers a highly efficient and capable infrastructure for deploying dApps and projects with several use cases.

Rising adoption of the Locus Chain ecosystem among dApp developers, businesses, and users could increase on-chain activity, driving the demand for its native token. Such developments could boost the market’s LOCUS price statistics and improve the project’s value.

What Is Locus Chain Crypto Price Prediction?

Although it is impossible to provide an accurate LOCUS coin price prediction over any duration, you could monitor the following fundamentals to determine price action in the Locus Chain crypto:

Level of Adoption

The expansion of the Locus Chain ecosystem as more developers design and deploy dApps on it could spur higher interest in the LOCUS token. Increased development activity encourages more users to onboard the Locus Chain network, supporting the price of LOCUS token in the market.

Future Announcements

The rollout of new upgrades and features that make Locus Chain more versatile and efficient could also increase investor confidence in the project and the value of LOCUS token. Additionally, the Locus Chain price could increase when the team announces partnerships and integrations with established businesses in the crypto and mainstream industries.

Market Outlook

A favorable outlook toward the crypto market in general and critical sectors such as web3 could also help boost the Locus Chain value. A risk-on or bullish sentiment among global investors could also drive higher buying activity in the crypto market, supporting the LOCUS to USD price.

How to Use LOCUS Token

LOCUS is the native token of the Locus Chain network and serves the following purposes:

Native Currency

$LOCUS token is used as a means of exchange within the Locus Chain ecosystem. Users can pay for transactions on the Locus Chain network and other fees associated with using the network using LOCUS crypto.

Staking

The LOCUS token can be used for staking on the Locus Chain network. This lets users participate in the network's consensus mechanism and earn rewards for contributing to securing the network.

Crypto Asset to Trade and HODL

Trade LOCUS token against other crypto assets to make the most of changing market conditions and volatility. KuCoin Spot Market offers a convenient platform to buy or sell Locus Chain coins. You can also hold the token long-term if you believe in the project’s future potential. Remember to DYOR before entering any trade in the crypto market, as digital assets experience high levels of volatility and unpredictability.

How Many LOCUS Coins Are There?

As of data on Coinmarketcap, the total supply of LOCUS is fixed at 7,000,000,000 tokens. At the time of writing, in April 2023, the circulating supply of LOCUS holds at just above 2 billion tokens.

The LOCUS circulating supply changes based on several factors, including supply and demand, on-chain activity, liquidity, and staking activities on the Locus Chain network.

Who Are Locus Chain’s Partners?

Locus Chain boasts a varied international network of partners from various industries, including technology, venture capital, cryptocurrency, and financial services. Some of the partners of Locus Chain include KuCoin, Osan AI City, Creta, BitMart, Uniswap, Cashierest, and Leadtek.

What is the all-time high price of Locus Chain (LOCUS)?
The all-time high price of Locus Chain (LOCUS) is $0.23629. The current price of LOCUS is down 0.93% from its all-time high.
What is the all-time low price of Locus Chain (LOCUS)?
The all-time low price of Locus Chain (LOCUS) is $0.00085. The current price of LOCUS is up 18.28% from its all-time low.
How much Locus Chain (LOCUS) is there in circulation?
As of 5 28, 2024, there is currently 2.08B LOCUS in circulation. LOCUS has a maximum supply of 7B.
What is the market cap of Locus Chain (LOCUS)?
The current market cap of LOCUS is $36.08M. It is calculated by multiplying the current supply of LOCUS by its real-time market price of $36.08M.
How do I store Locus Chain (LOCUS)?
You can securely store your Locus Chain in the custodial wallet on the KuCoin exchange without having to worry about managing your private keys. Other ways to store your LOCUS include using a self-custody wallet (on a web browser, mobile device, or desktop/laptop computer), a hardware wallet, a third-party crypto custody service, or a paper wallet.
Fear & Greed Index
Note: Data is for reference only.
Greed71
LOCUS
Estimated
-- USD
LOCUS/USDT1
$0.01653+3.89%