April

<h2 id="key-points">Key Points</h2> 
<ul> 
 <li>L7 (LSD) token surged by about 90% in the past 24 hours, trading at $3.34 on CoinMarketCap.</li> 
 <li>L7 is a Web3-based decentralized digital asset management protocol.</li> 
</ul> 
Even though the crypto market has been seeing increased volatility during the past few days, some tokens managed to see significant gains. One of them is L7 (LSD) token surged by approximately 90% in the past 24 hours, and it’s now trading at $3.23 on <a href="https://coinmarketcap.com/currencies/l7-dex/" rel="nofollow noopener" target="_blank">CoinMarketCap</a>. This makes it the top gainer in CMC’s top 500 coins. 
The token’s total market cap is currently almost $136 million. The token’s circulating supply is almost 41 million LSD, and the total supply of the token is 210 million LSD. 
<figure id="attachment_40506" aria-describedby="caption-attachment-40506" style="width: 100%" class="wp-caption alignnone">
 <a href="https://coinmarketcap.com/currencies/l7-dex/#Chart" rel="nofollow noopener" target="_blank"><img fetchpriority="high" decoding="async" class="wp-image-40506 size-full" src="https://crypto.ro/en/wp-content/uploads/2024/04/LSD_1D_graph_coinmarketcap.jpg" alt="LSD price" width="923" height="495" title="L7 (LSD) Surges Almost 90% In 24 Hours, Trading Above $3 1" srcset="https://crypto.ro/en/wp-content/uploads/2024/04/LSD_1D_graph_coinmarketcap.jpg 923w, https://crypto.ro/en/wp-content/uploads/2024/04/LSD_1D_graph_coinmarketcap-300x161.jpg 300w, https://crypto.ro/en/wp-content/uploads/2024/04/LSD_1D_graph_coinmarketcap-768x412.jpg 768w, https://crypto.ro/en/wp-content/uploads/2024/04/LSD_1D_graph_coinmarketcap-750x402.jpg 750w" sizes="(max-width: 923px) 100vw, 923px"></a>
 <figcaption id="caption-attachment-40506" class="wp-caption-text">
 LSD price
 </figcaption>
</figure> 
The LSD token also serves as a catalyst for governance and participation in the L7 Finance ecosystem. The team behind L7 has just posted more details about the company and its mission on their X account. 
They note that L7 Labs is the beacon for early-stage Web3 ventures, a catalyst for innovation that propels the next blockchain wave. 
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"> 
 <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f310.png" alt="🌐" class="wp-smiley" style="height: 1em; max-height: 1em;"> From the minds at <a href="https://twitter.com/Cointime_global?ref_src=twsrc%5Etfw" rel="nofollow noopener" target="_blank">@Cointime_global</a>, delve into the mission of L7 Labs Grants: 
 <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f9e0.png" alt="🧠" class="wp-smiley" style="height: 1em; max-height: 1em;"> Founded by L7's core investment team, it's the beacon for early-stage Web3 ventures. 
 <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f680.png" alt="🚀" class="wp-smiley" style="height: 1em; max-height: 1em;"> A catalyst for innovation, L7 Labs propels the next wave of blockchain brilliance. 
 <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/2764.png" alt="❤" class="wp-smiley" style="height: 1em; max-height: 1em;">Explore how… <a href="https://t.co/lkrMYmwZzA" rel="nofollow" target="_blank">pic.twitter.com/lkrMYmwZzA</a> 
 — L7 (@L7_Global) <a href="https://twitter.com/L7_Global/status/1783807391999406493?ref_src=twsrc%5Etfw" rel="nofollow noopener" target="_blank">April 26, 2024</a>
</blockquote> 
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
Also, they shared the latest version of their mobile app, which should simplify the trading experience. 
https://twitter.com/L7_Global/status/1783496685853048870 
<h2 id="what-is-l7-lsd">What is L7 (LSD)?</h2> 
<a href="https://www.l7dex.finance/#/" rel="nofollow noopener" target="_blank">L7</a> is a Web3-based decentralized digital asset management protocol that provides investment solutions and services to the global blockchain ecosystem and digital assets. 
LSD is a BEP-20 token deployed on the BNB blockchain. 
This is the native governance token of the L7 Finance platform. It plays a significant role in shaping the dynamics of the L7 ecosystem, where users can actively take part, govern, and reap rewards as well. 
On the official website, the team behind the project also addresses L7 Labs, which was created by the core investment research team of Web3 digital asset management platform L7. 
According to them, the aim is to help<a href="https://crypto.ro/en/news/binance-web3-wallet-completes-integration-of-35-new-dapps/"> Web3</a> start-up projects achieve better development in the early stages.&nbsp; L7 Labs says it can offer strategic financial support and global traffic support for startups, promising to contribute to the development of the industry.

L7 (LSD) Surges Almost 90% In 24 Hours, Trading Above $3

Table of Contents

crypto.ro global

Other articles published on Apr 26, 2024

Raffle Coin’s Presale Becomes a Hotbed for Litecoin & Render Investors Seeking the Next 50X, Back...

Feeling Bullish on Dogecoin? Analyst Predicts $3.80 Price Target Based on History

Kind Hosts Massive 126K-Attendee Web3 Online Party In Pixels

Veritise (VTS) Price Prediction 2025, 2026, 2027, 2028, 2029 and 2030

US senators cracking down on crypto use in child abuse trade

Worldcoin (WLD) upgrades Orb technology and seeks new global tech and finance partnerships

Join our free newsletter for daily crypto updates!