LOOKS price information is available in real-time on Binance. LooksRare is a community-driven decentralized NFT marketplace that rewards creators, collectors, traders, and token stakers for participating in the LooksRare ecosystem. Launched by anonymous founders in 2022, LooksRare provides similar functionality to other NFT marketplace platforms, with a heavy focus on community rewards. On-chain indicators are pointing toward positive sentiment for bitcoin, the world’s largest cryptocurrency by market capitalization. GBPJPY top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair.

Trading rewards are calculated on a daily basis and distributed 2 hours after each day ends. The trading rewards program will last for approximately 721 days, after which all LOOKS token emissions will stop and the ecosystem will be self-sustaining. The current price of LOOKS (WETH/LOOKS) on Uniswap V2 is $0.2764, the price is up -10.14% in the last 24 hours. Its 24-hour trading volume is reported to be at $208.55K with a total of 77 transactions. WETH/LOOKS contract address is 0xdc00ba87cc2d99468f7f34bc04cbf72e111a32f7, with a Fully Diluted Valuation of $229.87M and a liquidity pool of $204.09K.

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Dec 21, 2021, was the day when a smart contract for token was started on the Ethereum platform, approximately 1 year ago, for today there are more than 61.1 Thousand token addresses that own token. The percent change in trading volume for this asset compared to 1 hour ago. “The current price is the incentive to sell and the conviction in the ratio is a series of sub-metrics that factor in the opportunity cost of not selling. Lower the ratio, higher the conviction that investors have,” the report said.

Head to consensus.coindesk.com to register and buy your pass now. The supply “in profit,” a measure of market sentiment, has risen 20% since January. As they often do, the Fed’s comments had an impact on the markets this week. Jerome Powell has thrown the markets a bone – saying that inflation has started to go down.

• This indicator scans for new pivots in the form of a rainbow line and circle; once the hi/lo has happened and the lookback has passed then the pivot will be plotted.
• The whole utility of the LooksRare platform revolves around providing a space where creators can list and sell their NFTs while helping collectors with finding new hidden pieces.
• At TheBitTimes.Com, we collect and provide any valuable content on it such as 1 LOOKS to USD so that you could make a favorable investment and have a positive result.
• According to Hayes, the P/E ratio for LOOKS is relatively low, which ranges between 0.9x and circa 3.3x, and this thus presents good value for investors.

It’s important to note that buying NFTs may result in paying high Ethereum gas fees. Pricing methodology used to determine the price of the token in USD. By default, all price feeds on the website are calculated with a MAIR methodology. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. CoinDesk journalists are not allowed to purchase stock outright in DCG. Sign up for First Mover, our daily newsletter putting the latest moves in crypto markets in context.

About LooksRare Token

We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis. Metaverse and NFT businesses are experiencing a 98% fall from their all-time highs because they are in their first trading market cycle. He acknowledged that although the token is an undervalued altcoin, it has a strong utility and bullish potential in the bear market. As per the LooksRare price prediction undefined model above, LOOKS’s price for undefined should range between $undefined to $undefined with the average price for undefined being $undefined. LooksRare’s price for 2034 according to our analysis should range between $2.08 to $3.13 and the average price of LOOKS should be around $2.61.

Compared to other crypto coins which started the same year as LooksRare it has above-average trading volume, average volume for the other 3435 coins started in 2021 is $517K while LOOKS has $12M. The LooksRare price page is just one in Crypto.com Price Index that features price history, price ticker, market cap, and live charts for the top cryptocurrencies. Market cap is calculated by multiplying the asset’s circulating supply with its current price.

She holds bitcoin, ether and small amounts of other crypto assets. Be aware of malicious creators who create copies of well-known collections in order to trick buyers. To prevent this from happening, LooksRare provides a verification checkmark. This checkmark means that the collection was not created in order to scam users and it has a significant trading volume of 250 ETH cumulative.

LooksRare’s price for 2033 according to our analysis should range between $1.65 to $2.48 and the average price of LOOKS should be around $2.07. LooksRare’s price for 2032 according to our analysis should range between $1.31 to $1.97 and the average price of LOOKS should be around $1.64. LooksRare’s price for 2031 according to our analysis should range between $1.04 to $1.56 and the average price of LOOKS should be around $1.30. LooksRare’s price for 2030 according to our analysis should range between $0.82 to $1.24 and the average price of LOOKS should be around $1.03.

It has moved by 30.71% in the past week and is currently at $0.27. The long term sentiment, however, remains bullish and LOOKS could hit $0.31 in 2024. However, users quickly found out that they could easily buy and sell NFTs between their own addresses https://coinbreakingnews.info/ and still gain LOOKS incentives for that. The majority of daily trading volume was generated by a few addresses doing this so-called Wash trading. After a while, the incentives started to dry out and Wash trading became no longer profitable.

What is the price of LooksRare Token today?

But before everyone could get carried away, he sobered the mood by reminding us that we’re not out of the woods yet. LooksRare NFT platform revenue and its potential to outperform Treasury bond yields as the key reason for investing in the token. The total circulating supply of LooksRare as of writing this article was $544,846,570 and the marketcap of LOOKS remains at $149,744,709.

If you are new to crypto, use the Crypto.com University and our Help Center to learn how to start buying Bitcoin, Ethereum, and other cryptocurrencies. The maximum supply of LOOKS is limited to one billion tokens. The total dollar value of all transactions for this asset over the past 24 hours. Needs to review the security of your connection before proceeding. The total volume captured by DIA across all the integrated sources.

Users with more than 3 ETH worth of NFTs were airdropped LOOKS tokens with a condition that they had to list an NFT on the LooksRare marketplace. LooksRare users surged, as they continued to gain more incentives by staking LOOKS and trading NFTs. The LOOKS staking APR at that time was over an astonishing 500 %. LOOKS is used as a means of payment for NFT trades made on the LooksRare platform, as well as a reward token distributed to LooksRare platform users and stakers.

The percent change in trading volume for this asset compared to 7 days ago. The percent change in trading volume for this asset compared to 24 hours ago. On-chain data also suggests „HODLer“ (HODLers are considered long-term holders of the cryptocurrency) conviction is high, with the Reserve Risk for bitcoin recently falling to its lowest level ever.

LooksRare’s long term Price Prediction below is a look at LOOKS’s future prospect with regards to price. LooksRare was last seen at $0.27, with a market cap of $149,744,709 and trading volumes of $23,691,475. LOOKS’s price prediction is possible by analyzing historical price action, current developments and social sentiment from the community.

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Though the volatility is higher in cryptocurrencies and NFTs, Hayes believes tokens such as LOOKS are options suitable for addressing future uncertainties and hold high intrinsic value. For some coins with little to no data points and inexistent historical data the model by default will show a positive price prediction. There is no way for our AI bot to decipher whitepaper, tokenomics and team integrity.

AMBCrypto’s content is meant to be informational in nature and should not be interpreted as investment advice. Trading, buying or selling cryptocurrencies should be considered a high-risk investment and every reader is advised to do their own research before making any decisions. According to the LooksRare Price Prediction model above, LOOKS’s price in 2034 would be $2.61. According to the LooksRare Price Prediction model above, LOOKS’s price in 2033 would be $2.07.

They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under Binance’s control. Binance is not responsible for the reliability and accuracy of such third-party sites and their contents. Circulating supply shows the number of coins or tokens that have been issued so far. Learn more about Consensus 2023, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3.

LooksRare is powered by the LOOKS token, which is used in both staking and rewards systems. The LooksRare platform operates on the Ethereum blockchain, with users minting and trading Ethereum-based NFTs. Lyllah Ledesma is a CoinDesk Markets reporter currently based in Europe.

According to the LooksRare Price Prediction model above, LOOKS’s price in 2032 would be $1.64. According to the LooksRare Price Prediction model above, LOOKS’s price in 2031 would be $1.30. According to the LooksRare Price Prediction model above, LOOKS’s price in 2030 would be $1.03. According to the LooksRare Price Prediction model above, LOOKS’s price in 2029 would be $0.82.

While OpenSea is 100 times bigger than LooksRare, the largest NFT marketplace does not have a token that offers rewards through staking and inflationary minting. This is where LooksRare comes in by offering the rewards emission, which the former BitMEX CEO takes advantage of to fulfill his 20% investment goal. A token is a representation of an on-chain or off-chain asset. The token page shows information such as price, total supply, holders, transfers and social links. Investing in LooksRare, LOOKS will purely depend on your personal risk appetite.

The advanced search capabilities of the LooksRare platform allow users to easily find the NFTs they are looking for using filters such as keywords, categories, and more. The marketplace features a wide range of NFTs from emerging and established artists, making it a hub for collectors and enthusiasts to discover new and rare digital assets. That means LooksRare Token has had relatively low trading activity in the past day.