Telegram's LUB Token is a Token built on the Ethereum blockchain, despite the high transaction fees it baffles me new projects continues opting for Ethereum rather than trying out other chains for cheaper and fast transactions.
The tokens's price is currently based on the demand for it, with initial price of 1 LUB to 0.01 USDT, the token now trades at 0.2929 USD exhibiting 1 to 10 % rise in price daily. LUB has total supply of 10,550,000, it is unclear if that implies to max supply, if that's the case the token should experience some price growth with 10.5 million max supply couple with demand and its use case.
Binance and other exchange listing is expected to take place between 3-25 June 2021, probably the token might have reach half a dollar or more before then.
I'd like to pick up some while it's cheaper now but upon trying and had to deal with the LUB Token Bot kind of made me uncomfortable.
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