Cred (LBA) is a cryptocurrency token that operates on the Ethereum platform. It is a decentralised lending ecosystem that facilitates global open access to credit. LBA is a global utility token that enables superior rates on digital assets. As of 8 May 2024, LBA is trading at 4.94E-4, a 2.70% increase since the beginning of the trading day. LBA has a market capitalisation of 9.17K. In this article, we will explore whether LBA crypto is a good investment.
Characteristics | Values |
---|---|
Current Price | $0.000356 |
24-Hour Trading Volume | $5,020 |
24-Hour Price Change | -9.07% |
7-Day Price Change | -1.17% |
All-Time High | $0.34 |
Market Capitalization | $240,420 |
Total Supply | 1,000,000,000 LBA |
Current Circulating Supply | 675,000,000 LBA |
Chance of Financial Distress | 69% |
Performance Over Last 90 Trading Days | Poor |
Volatility | High |
Ease of Purchase | Medium |
What You'll Learn
LBA's market risk premium
The market risk premium (MRP) is the difference between the expected return on a market portfolio and the risk-free rate. It provides a quantitative measure of the extra return demanded by market participants for the increased risk.
The market risk premium is equal to the slope of the security market line (SML), a graphical representation of the capital asset pricing model (CAPM). CAPM measures the required rate of return on equity investments and is an important element of modern portfolio theory (MPT) and discounted cash flows (DCF) valuation.
The market risk premium is broader and more diversified than the equity risk premium, which only considers the stock market. As a result, the equity risk premium is often higher.
The average market risk premium in the United States decreased slightly to 5.5 percent in 2023. This suggests that investors demand a slightly lower return for investments in that country in exchange for the risk they are exposed to. This premium has hovered between 5.3 and 5.7 percent since 2011.
LBA is an online marketplace for peer-to-peer internet cash called cryptocurrency. LBA is a global utility token that enables superior rates on digital assets. It is a decentralized lending ecosystem that facilitates global open access to credit.
LBA is one of many evolving digital currencies in which encryption is used to regulate the generation of units of currency and verify transactions independently of a central authority. It is traded on a few exchanges in multiple currencies.
LBA's alpha and beta are two of the key measurements used to evaluate LBA's performance over the market, and the standard measures of volatility also play an important role.
Exploring the Legal Age for Crypto Investing
You may want to see also
LBA's alpha and beta
Alpha is a sign of good performance. Beta, on the other hand, is an indication of relative risk. While a high beta may signal increased volatility and potential future overvaluation, it depends on the investors' risk tolerance level.
LBA is a peer-to-peer digital currency powered by blockchain technology. It is traded on a few exchanges in multiple currencies. LBA is an all-purpose token of the Libra Credit ecosystem, which is hosted on the Ethereum blockchain. It is a global utility token that enables superior rates on digital assets.
LBA is currently expressing a bullish sentiment. Cryptocurrencies such as LBA are becoming very popular among investors and have been praised for their portability, inflation resistance, and transparency. However, they also face a lot of criticism, including the lack of tax regulations, exchange rate volatility, and infrastructure vulnerabilities.
The Next Big Cryptocurrency: Where to Invest Now
You may want to see also
LBA's price action
LBA's price movement can be volatile, and it is considered an unusually elastic asset. This volatility presents opportunities for investors to enter the market at favourable prices or to short against a bearish trend. LBA's price is also influenced by its position in the broader cryptocurrency market, which has experienced unprecedented growth and volatility in recent years.
LBA's price movement can also be analysed through various technical indicators and predictive models. These models consider factors such as market sentiment, news and hype, and the impact of institutional investors. While these models can provide insights, it is important to note that LBA's price is also influenced by broader market conditions and the performance of the overall cryptocurrency market.
In summary, LBA's price action has been mixed, with periods of gains and losses. Its price is influenced by various factors, including its position in the market, technical indicators, and broader market sentiment. As a volatile asset, LBA presents opportunities for investors but also carries risks that should be carefully considered.
How to Invest in Crypto with Fidelity
You may want to see also
LBA's investment highlights
LBA is a cryptocurrency token that operates on the Ethereum platform. It is the native utility asset of the Cred ecosystem, a decentralised lending platform that facilitates global open access to credit. LBA is an all-purpose token that enables superior rates on digital assets. Here are some of LBA's investment highlights:
- LBA is an online marketplace for peer-to-peer internet cash, which is becoming very popular among investors.
- Cryptocurrencies such as LBA are praised for their portability, inflation resistance, and transparency.
- LBA is one of many evolving digital currencies that use encryption to regulate the generation of currency units and verify transactions independently of a central authority.
- LBA is currently expressing a bullish sentiment.
- LBA has no minimum investment size and charges no hidden fees.
- Cred, the platform that LBA is native to, offers one of the most comprehensive insurance policies available on the market, including cyber hacking, E&O, and regulatory coverage.
Bondly Coin: A Smart Investment Decision?
You may want to see also
LBA's market cap
LBA, or Libra Credit, is a cryptocurrency token that operates on the Ethereum platform. It is a decentralised lending ecosystem that facilitates global open access to credit. LBA is a global utility token that enables superior rates on digital assets.
As of May 2024, LBA was trading at 4.94E-4, a 2.70% increase since the beginning of the trading day. As of May 2024, LBA had a market cap of $0 USD. As of September 2024, LBA has a market cap of $240,420.
Market capitalisation refers to the total value of a company's stock within the entire market. To calculate LBA's market cap, we take the total number of its shares issued and multiply it by LBA's current market price.
Is Bitcoin a Safe Investment Option?
You may want to see also
Frequently asked questions
LBA is an all-purpose token of the Libra Credit ecosystem, which is hosted on the Ethereum blockchain. It is a peer-to-peer digital currency powered by blockchain technology.
LBA has a more than 69% chance of experiencing financial distress in the next few years of operation. It also did not perform well in the last 90 trading days. However, it is currently expressing a bullish sentiment, and its price has increased by 14.53% in the last 24 hours. Whether LBA is a good investment depends on your risk tolerance and investment goals.
You can buy LBA by first purchasing a major cryptocurrency, such as Ethereum (ETH), on a fiat-to-crypto exchange like Uphold or Coinbase. Then, transfer your ETH to an altcoin exchange that supports LBA trading, such as Gate.io or MXC. Finally, use your ETH to purchase LBA on the exchange.
As of May 2, 2024, the last known price of Cred (LBA) was 0.00302543 USD. However, prices can vary over time, so be sure to check the current price before purchasing.
As of May 2, 2024, the market capitalization of LBA was USD $2,124,661.66. The market cap can give you an idea of the project's size and popularity, but it should not be the sole factor in your investment decision.