LockTrip (LOC) Tokenomics
LockTrip (LOC) Information
"Disrupting the Travel Industry
LockTrip.com is a blockchain-based travel marketplace that allows users to save up to 60% on their bookings by cutting out middlemen and their commissions. Choose among various payment methods such as credit card, popular cryptocurrencies and the native LOC token to bypass payment fees.
More than 2.1 Million Hotels & Properties
LockTrip is working with the strongest brands in the travel industry to offer its customers first class inventory around the globe. Thanks to our vast network of partners, we are not only fulfilling the needs of our customers, but also let the strongest brands compete with each other. Thanks to our unique reverse-auctioning model, customers will always be presented the lowest price possible.
More than 1,000 Airlines to Choose From
With more than 1,000 Airlines to choose from globally, LockTrip is better connected than any other marketplace in the industry. Both Hotels & Flights are bookable from the same marketplace in a one-stop shop solution.
About the LOC Token
LockTrip's unique business model funnels the entire economy through the LOC token. Each booking made on the marketplace results in 3% of the booking value being used to buy LOC from exchanges and burn them. The process is fully automated and can be verified transparently on the blockchain.
Deflationary Model
Contrary to most other tokens and coins, the LOC supply is not growing or remaining constant. Indeed it is shrinking with each booking and it's subsequent burn. This mechanism will continue indefinitely as there is no limit in time or number of LOC to be burnt.
LockTrip is powered by the Hydra chain, which emerged through the combination of the best features of Bitcoin, Ethereum and Qtum chains. It thus presents cutting-edge technology with unique economic features."
LockTrip (LOC) Tokenomics & Price Analysis
Explore key tokenomics and price data for LockTrip (LOC), including market cap, supply details, FDV, and price history. Understand the token's current value and market position at a glance.
LockTrip (LOC) Tokenomics: Key Metrics Explained and Use Cases
Understanding the tokenomics of LockTrip (LOC) is essential for analyzing its long-term value, sustainability, and potential.
Key Metrics and How They Are Calculated:
Total Supply:
The maximum number of LOC tokens that have been or will ever be created.
Circulating Supply:
The number of tokens currently available on the market and in public hands.
Max Supply:
The hard cap on how many LOC tokens can exist in total.
FDV (Fully Diluted Valuation):
Calculated as current price × max supply, giving a projection of total market cap if all tokens are in circulation.
Inflation Rate:
Reflects how fast new tokens are introduced, affecting scarcity and long-term price movement.
Why Do These Metrics Matter for Traders?
High circulating supply = greater liquidity.
Limited max supply + low inflation = potential for long-term price appreciation.
Transparent token distribution = better trust in the project and lower risk of centralized control.
High FDV with low current market cap = possible overvaluation signals.
Now that you understand LOC's tokenomics, explore LOC token's live price!
LOC Price Prediction
Want to know where LOC might be heading? Our LOC price prediction page combines market sentiment, historical trends, and technical indicators to provide a forward-looking view.
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Disclaimer
Tokenomics data on this page is from third-party sources. MEXC does not guarantee its accuracy. Please conduct thorough research before investing.