LUKSO (Old) is a cryptocurrency that is part of the LUKSO protocol, a blockchain platform that deals with fashion, design and digital lifestyle. LUKSO aims to offer a decentralized finance (DeFi) solution that is creative, collaborative and innovative. LUKSO allows users to create and exchange digital assets such as NFTs, tokens and identities, to participate in communities and networks of creators, brands and consumers, and to benefit from consulting, analysis and training services.
LUKSO has also launched its eponymous cryptocurrency, the LyXe token, which aims to finance its activities, encourage the participation and contribution of its users, and facilitate transactions and donations between applications and initiatives supported by LUKSO.
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When will it reach 1 dollar?
The price of LUKSO (Old) is determined by supply and demand in the market, as well as by external factors such as news, regulations and industry trends. At the moment, the price of LUKSO (Old) is around 8.26 dollars, with a change of +4.3% in the last 24 hours. To reach the 1 dollar mark, LUKSO (Old) would have to decrease its value by about 88%. This scenario could occur if LUKSO (Old) undergoes a strong correction after its historic peak of 90.08 dollars reached on November 16, 2021. However, it is not possible to predict with certainty when this will happen, as it depends on multiple variables
.
When will it reach 10 dollars?
To reach the $10 mark, LUKSO (Old) would need to increase its value by about 21%. This scenario could occur if LUKSO (Old) were able to demonstrate its utility and advantage in creating and exchanging digital assets such as NFTs, tokens and identities, to generate a positive social and economic impact, and to attract the interest and trust of creators, brands and consumers . However, this objective is moderately challenging and requires constant and significant growth over time, which is not obvious
.
When will it reach 100 dollars?
To reach the $100 mark, LUKSO (Old) would need to increase its value by about 1111%. This scenario could occur if LUKSO (Old) were able to become a reference cryptocurrency for fashion, design and digital lifestyle, to create and support projects and initiatives of high value and great impact, and to create a global community of partners, developers, researchers and innovators who collaborate and share their knowledge, experiences and good practices. However, this objective is very ambitious and requires a radical and irreversible transformation of the current system, which is not likely
to happen.
When will it reach 1000 dollars?
To reach the 1000 dollar mark, LUKSO (Old) should increase its value by about 12011%. This scenario could occur if LUKSO (Old) were able to revolutionize the world of fashion, design and digital lifestyle, to offer innovative and sustainable solutions to global and local problems, and to create a virtuous ecosystem of collaboration and innovation between the various stakeholders involved. However, this goal is very utopian and requires a magic that doesn’t exist
.
Is it considered a good investment?
LUKSO (Old) is considered a high-risk, high-yield investment, like most cryptocurrencies. Its price is subject to high and unpredictable fluctuations, which can lead to significant gains or losses in a short time. LUKSO (Old) is also exposed to challenges and threats from competitors, regulators, hackers and fraudsters, which can compromise its security and reputation. LUKSO (Old) is therefore a speculative investment, which requires good knowledge of the market, an appropriate strategy, and risk tolerance. LUKSO (Old) is not a recommended investment for those looking for stability or a guarantee of return
.
Price forecasts from 2024 to 2030
Based on historical data, mathematical models and market analysis, it is possible to formulate LUKSO (Old) price forecasts for the coming years. However, these forecasts are only estimates and not certainties, as they may be influenced by unforeseen events or changes of scenery. Below is a table with the price forecasts of LUKSO (Old) from 2024 to 2030
:
| Anno | Average price | Minimum price | Maximum price |
|---|---|---|---|
| 2024 | $10.32 | $7.74 | $12.90 |
| 2025 | $15.84 | $11.88 | $19.80 |
| 2026 | $24.34 | $18.26 | $30.42 |
| 2027 | $37.36 | $28.02 | $46.70 |
| 2028 | $57.35 | $43.01 | $71.69 |
| 2029 | $88.03 | $66.02 | $110.04 |
| 2030 | $135.13 | $101.35 | $168.91 |
