X'te AMA

There are two perspectives on how the price of LBK is determined.

Fundamental Value: This approach looks at on-chain metrics, project performance, and financial indicators of LBK. Over the long term, factors like supply and demand, tokenomics, use cases, project roadmap, and relevant regulations or governance can all affect LBK's value.

Price Action: This perspective primarily involves using technical analysis tools like chart patterns, MACD, RSI, and Bollinger Bands to forecast price movements of LBK based on past trends, based on the principle that 'history tends to repeat itself.' Price action of LBK is also affected by news, announcements, and the general sentiment of the community.

While long-term investors focus on the fundamentals, short-term traders typically rely on technical indicators. Both can influence the price of LBK.

LBK reached an all-time high of $0.1042 in 2019-09-09, while its current trading price is $0.0105.

LBK reached its historical low of $0.0045 in 2019-09-09.