$54,215,550
Total Market Cap
1,362,843 LHYPE
Circulating Supply
$7,009,527
24h Volume
$54,215,550
Total Market Cap
1,362,843 LHYPE
Circulating Supply
$7,009,527
24h Volume
Looped Hype (LHYPE) is an innovative cryptocurrency designed to revolutionize digital transactions through its unique looped consensus mechanism and community-driven approach. As one of the emerging players in the crypto space, LHYPE combines security, scalability, and sustainability to address common challenges faced by traditional cryptocurrencies.
Looped Hype (LHYPE) is a decentralized digital currency that operates on its proprietary blockchain network. Launched in early 2023, LHYPE was created to provide a more efficient alternative to existing cryptocurrencies by implementing a novel "Looped Consensus" protocol. This protocol enhances transaction verification speed while maintaining robust security measures, making LHYPE particularly suitable for both everyday transactions and larger financial operations.
The name "Looped Hype" reflects the cryptocurrency's cyclical validating mechanism and the genuine excitement surrounding its technological innovations, rather than empty market speculation. LHYPE stands out in the crowded cryptocurrency market by prioritizing real utility and sustainable growth.
LHYPE operates on a hybrid consensus model that combines elements of Proof of Stake (PoS) and a unique "Loop Verification" system. This hybrid approach allows for:
The LHYPE blockchain utilizes smart contracts to facilitate various applications and services within its ecosystem. These smart contracts are secured through the Loop Verification system, which requires multiple confirmations in a circular validation pattern before finalizing transactions, significantly reducing the risk of malicious attacks.
Looped Hype (LHYPE) offers both staking and a modified version of mining to network participants, each with distinct advantages:
LHYPE Staking: Holders can stake their LHYPE tokens in the official Looped Wallet to earn annual rewards ranging from 5-12%, depending on the staking duration and amount. The minimum staking period is 30 days, with higher rewards for longer commitments. Staking not only generates passive income for token holders but also strengthens the network by increasing liquidity stability.
LHYPE Loop Mining: Unlike traditional energy-intensive mining, LHYPE implements "Loop Mining," a resource-efficient validation process. Loop Miners dedicate computing resources to validate transaction loops and are rewarded with newly minted LHYPE tokens. This system requires significantly less computational power than traditional Proof of Work mining, aligning with LHYPE's commitment to environmental sustainability.
To become a Loop Miner, users need to run the LHYPE Node software and maintain a minimum stake of 1,000 LHYPE tokens as collateral to ensure honest validation. This hybrid approach ensures network security while discouraging malicious behavior.
Looped Hype (LHYPE) serves multiple purposes within its ecosystem and beyond:
The versatility of LHYPE makes it valuable for both everyday users seeking efficient payment methods and developers building on its blockchain infrastructure.
Looped Hype (LHYPE) was launched with a fair and transparent distribution model to ensure broad token accessibility while preventing excessive concentration. The initial distribution was structured as follows:
The total supply of LHYPE is capped at 1 billion tokens, with a deflationary mechanism that burns a small percentage of transaction fees, gradually reducing the circulating supply over time. The public sale utilized a multi-round approach to prevent whale dominance, with purchase limits in early rounds to ensure fair distribution.
Looped Hype (LHYPE) is available for trading on various cryptocurrency exchanges, and traders can efficiently manage their LHYPE investments using Cryptohopper's automated trading bot. This powerful tool allows investors to:
Anyone can trade LHYPE on any supporting exchange with Cryptohopper's intuitive and powerful automated trading solutions, making it easier to capitalize on market opportunities within the LHYPE ecosystem.
The LHYPE development team continues to enhance the protocol according to their ambitious roadmap. Upcoming milestones include the launch of LHYPE 2.0 with improved scalability features, expanded cross-chain compatibility, and enhanced developer tools to foster a more robust DApp ecosystem.
With its innovative consensus mechanism, sustainability focus, and growing adoption, Looped Hype (LHYPE) is positioned to become a significant player in the cryptocurrency landscape, offering a compelling alternative to established digital assets.
Below are the most popular denominations to convert to USD and back into LHYPE
LHYPE | US Dollar |
---|---|
0.01LHYPE | 0.40USD |
0.1LHYPE | 3.98USD |
1LHYPE | 39.83USD |
2LHYPE | 79.66USD |
3LHYPE | 119.49USD |
5LHYPE | 199.15USD |
10LHYPE | 398.30USD |
25LHYPE | 995.75USD |
50LHYPE | 1,991.50USD |
100LHYPE | 3,983.00USD |
250LHYPE | 9,957.50USD |
500LHYPE | 19,915.00USD |
1000LHYPE | 39,830.00USD |
10000LHYPE | 398,300.00USD |
50000LHYPE | 1,991,500.00USD |
100000LHYPE | 3,983,000.00USD |
US Dollar | LHYPE |
---|---|
0.01 USD | 0.00025107LHYPE |
0.1 USD | 0.00251067LHYPE |
1 USD | 0.02510670LHYPE |
2 USD | 0.05021341LHYPE |
3 USD | 0.07532011LHYPE |
5 USD | 0.12553352LHYPE |
10 USD | 0.25106703LHYPE |
25 USD | 0.62766759LHYPE |
50 USD | 1.25533517LHYPE |
100 USD | 2.51067035LHYPE |
250 USD | 6.27667587LHYPE |
500 USD | 12.55335174LHYPE |
1000 USD | 25.10670349LHYPE |
10000 USD | 251.06703490LHYPE |
50000 USD | 1,255.33517449LHYPE |
100000 USD | 2,510.67034898LHYPE |