LimeWire price
Current price
$0.00756
−3.20% 24h
Live Updated just now
Today LimeWire falls 3.2%, trailing the market.
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View as table
| Time | Price |
|---|
Change by period
- 1 hour −0.26%
- 24 hours −3.20%
- 7 days −10.21%
- 30 days −22.96%
- 1 year −83.99%
LimeWire's move in context
Lagging the market today
−3.20% in 24 hours against −1.77% for the market as a whole, a gap of 1.4 points. Small gaps like this are common, so they don't point to anything specific.
- We compare the last 24 hours with this coin's typical day, from 26 recent days (up to four weeks). We only count exchanges we read on both days, so an exchange we've just added doesn't look like extra trading. This describes trading, not where the price goes next.
$474.47K traded in the last 24 hours on the exchanges we read, close to its usual day.
- The price of each exchange's last trade, read in the past few minutes, in US dollars or dollar stablecoins; markets with little trading are left out. Gaps under 1% are everyday: fees and the gap between buying and selling prices take up most of them.
LimeWire's last prices on 4 exchanges we read are within 0.30% of each other, so the price above isn't one exchange's quirk.
Part of a slide
−10.2% over 7 days and −23.0% over 30 days: the recent move continues the monthly direction.
This is analysis of past prices, not a prediction or financial advice.
Where to trade LimeWire
Prices agree within 0.30% across these 4 exchanges.
- KuCoin Most traded LMWR/USDT $203.65K 24h volume Last price $0.00756 0.00% vs our price
- Bitget LMWR/USDT $129.53K 24h volume Last price $0.00757 +0.13% vs our price
- MEXC LMWR/USDT $69.94K 24h volume Last price $0.007582 +0.29% vs our price
- Gate.io LMWR/USDT $67.62K 24h volume Last price $0.007559 −0.01% vs our price
Each exchange's last price against our price above. Listed for convenience, not as advice: check that an exchange is allowed where you live.
About LimeWire
Overview
LimeWire is a cryptocurrency designed to bridge the gap between the digital music industry and blockchain technology. Its core mission is to create a decentralized platform that empowers artists and music lovers alike, enabling direct interactions without intermediaries. LimeWire aims to redefine how music is distributed, consumed, and monetized, ensuring that artists receive fair compensation for their work. What sets LimeWire apart from other cryptocurrencies is its focus on the music sector, leveraging blockchain’s transparency and security features to verify ownership and ensure that payments go directly to creators.
Technical Features
LimeWire operates on a unique hybrid consensus mechanism, combining elements of Proof of Stake (PoS) and Delegated Proof of Stake (DPoS). This dual approach enhances security and scalability while reducing energy consumption associated with mining. The network architecture is designed to support a high volume of transactions, making it suitable for real-time music streaming and purchases. LimeWire employs state-of-the-art cryptographic techniques to secure transactions and user data, ensuring that digital rights management is enforced on all music tracks traded on the platform. Additionally, the platform utilizes smart contracts to automate royalty payments and licensing agreements, streamlining processes that traditionally involve extensive bureaucracy.
Use Cases
The primary use cases for LimeWire focus on decentralized finance (DeFi) within the music industry, governance in the form of community-driven decision-making, and facilitating non-fungible tokens (NFTs) for artists. LimeWire allows musicians to tokenize their work, providing them with the ability to sell unique music tracks as NFTs, which can be traded or auctioned. Furthermore, the cryptocurrency supports cross-border payments, allowing fans to directly support their favorite artists globally. Smart contracts enable transparent and automated revenue sharing, ensuring artists receive their rightful share from every transaction in real-time.
Development Background
LimeWire was originally established in the early 2020s by a group of music industry veterans and blockchain developers who recognized the potential of combining these two worlds. The platform gained significant support from both music labels and independent artists. Notable events in its history include the launch of its mainnet and collaborations with various blockchain organizations that have contributed to its ecosystem. These partnerships have provided vital resources for development and market penetration, solidifying LimeWire’s position in the cryptocurrency landscape.
Community and Ecosystem
The LimeWire community is vibrant and diverse, comprising artists, music fans, developers, and investors. The ecosystem includes a range of decentralized applications (dApps) built around music distribution, artist promotion, and fan engagement. LimeWire has established partnerships with music festivals, streaming platforms, and other blockchain projects, fostering an environment of innovation and collaboration. Community governance allows token holders to participate in decision-making processes, further engaging users in the platform’s evolution. The active development support from its contributors ensures continued growth and enhancement of the LimeWire platform.
Future Potential
The future potential of LimeWire is promising, with ongoing developments aimed at enhancing user experience and expanding functionalities. As the demand for decentralized platforms grows, LimeWire is well-positioned to capitalize on trends in digital music consumption and ownership. Upcoming features include integrating advanced analytics for artists, expanding NFT offerings, and improving the platform’s UI to streamline user interactions. With a robust roadmap that emphasizes community-driven initiatives and ongoing technological upgrades, LimeWire seeks to significantly impact not only the cryptocurrency world but also the broader music industry.
LimeWire market
- Price × coins in circulation. It measures a coin's size, not its quality.
- We show a market cap only once the coins in circulation are confirmed by a source we read ourselves, such as an exchange's published figures or the project's own. Until then a coin has no market cap or rank here.
- Price × coins in circulation. It measures a coin's size, not its quality.
- We show a market cap only once the coins in circulation are confirmed by a source we read ourselves, such as an exchange's published figures or the project's own. Until then a coin has no market cap or rank here.
- Dollars traded in the last 24 hours on the exchanges we read, in pairs against the dollar or a dollar stablecoin such as USDT. Sites that count more exchanges and pairs show higher figures.
- $474.47K
- on the exchanges we read
- Dollars traded in the last 24 hours on the exchanges we read, in pairs against the dollar or a dollar stablecoin such as USDT. Sites that count more exchanges and pairs show higher figures.
- The lowest and highest price we recorded in the last 24 hours. The dot marks the current price.
- Low $0.00732 High $0.00783
- The lowest and highest price we recorded in the last 24 hours. The dot marks the current price.
- The highest price in our records for this coin. The bar shows the current price as a share of it.
- $1.78
- Now 0% of it Reached 3 Apr 2024 · Needs +23,458% to get back
- The highest price in our records for this coin. The bar shows the current price as a share of it.
- Coins that exist now and can be traded.
- Not checked yet
- Coins that exist now and can be traded.
- Every coin created so far, minus any destroyed, including coins that are locked up.
- 828.05M LMWR
- Every coin created so far, minus any destroyed, including coins that are locked up.
- The most coins that can ever exist. Some coins have no limit.
- 1B LMWR
- The most coins that can ever exist. Some coins have no limit.
LimeWire converter
1 LimeWire = $0.00756
