LUXCoin profile
LUXCoin Profile (LUX)
Score: 4.00 | Below Average
Balanced Nano Cap
Project Safety Score

Sat, Jan 22, 2022 9:04 AM

Score 4.00
Rating Below Average
Market Cap $127584.96044056
24hr Volume $57.18168905
Price $0.0098748191714943
Review

LUXCoin

coin

2ndgen blockchain

"Developed by Luxcore, LUX (LUX Coin) is a hybrid cryptocurrency utilizing both proof-of-stake and proof-of-work algorithms to enhance blockchain security and decentralization. Luxcore's hybrid consensus model imploys masternodes to provide specialized functions and further secure the chain while providing additional rewards to coin holders. The LUX blockchain enables developers to utilize smart contracts and decentralized applications. Luxcore continues to develop products for the LUX blockchain including Luxgate (a truly trustless, peer to peer decentralized exchange) and Luxedge (a decentralized software development platform and repository). LUX was created in 2017 as a fork of the Bitcoin codebase, but it has grown to not only keep up with new technologies in the cryptocurrency space, but has aimed to introduce new innovations and services to the broader crypto community with cross-chain and decentralized solutions."

Read more in the whitepaper:
https://luxcore.io/pdf/luxcore_commercial_wp_v2.0.pdf

LUXCoin Project Statement

Project statements are provided by senior members of the project team and serve to tell the reader why the project has honorable intentions and why is definitely not a scam.

Please get in touch to submit a project statement for this project. Emails must be sent from official domain email addresses and will be verified before being accepted.

Full Report

LUXCoin Safety Report

LUXCoin has a safety score of 4

LUXCoin is a nano cap coin.

LUXCoin is suited to a balanced investment style.


LUXCoin Profile

This profile has enough data to perform a thorough analysis. But any missing data will have a negative impact on the overall rating.

Missing Data:
  • tradingview profile
  • exchanges

LUXCoin Red Flags

There are currently no LUXCoin red flags.


LUXCoin Development Score

The LUXCoin project has 19 active source code repositories.

The most recent commit was Thu, Nov 25, 2021 2:40 AM

  • 135 Watchers
  • 3951 Stars
  • 170 Mentionable Users
  • 0 Vulnerabilities
  • No commits in the last 28 days
Highlights:
  • extremely high stars
  • daily repo updates
  • poor watchers
  • poor mentionable users
  • no repo stars

LUXCoin Sentiment Score

The sentiment score indicates how well the wider community regards the project. We analyse social media platforms such a Reddit, Twitter etc to access if the community is talking positively or negatively about a project. Or if they are even talking about the project at all!
The more articles that are available to analyse, the more confident we can be about the score. If there is not a lot of data available on the internet to use, this should be a redflag as it can indicate that no one is posting or writing about this project.

Highlights:
  • Low number articles to calculate the sentiment
  • The overall sentiment is extremely negative

LUXCoin Community Score

The community score indicates how active community is. Are they writing lots of articles and engaging in lots of conversations on the web? Where is the crypto communities attention spent? There are so many hours in the day to spend writing, reading, researching a project. So how much of this time is spent on LUXCoin?

The larger a community is then the more eyes are on that project. Sharing information, red flags and concerns is more likely the bigger the community is. And larger communities are alot hard to censor and control - therefore they provide a diverse range of opinions.

Overall LUXCoin has a strong community, posting and creating lots of content across the internet on social media, forums, blogs and websites.

Highlights:
  • extremely high hashtag tweets
  • extremely high gitHub account watchers
  • no reddit articles

LUXCoin Awareness Score

The awareness score indicates how well LUXCoin is known in the main stream. Its all very well for a project to have a discord channel to have 1000 users chatting all day about how great the LUXCoin is but a good measure of longevity is how well the project is known by the general public.

Overall LUXCoin this project is not known by the general community. If a project is new and has not had a lot of marketing or exposure then in general as the project grows the awareness score will increase.

Highlights:
  • very poor search result total
  • very poor number of news articles mentioning LUXCoin
  • very poor number of headlines about LUXCoin
  • very poor number of LUXCoin YouTube videos

LUXCoin Credibility Score

The credibility score indicates how credibility a project is. Does it have a ridiculous name? Is it run by a 13yr old in their basement? Is it just 2 days old and too early to tell?

Highlights:
  • Mature project age (released Oct 27, 2017)

LUXCoin Volume Score

The volume score is the simplest of all our metrics and quite often the bottom line metric. It doesnt matter how well a project scores on the other factors, if it is only shifting a few thousand dollars a day in volume then there is a high chance you will left holding a bag

Highlights:
  • no USD 24hr volume

Red flags come in all shapes and sizes

At the end of the day a cryptocurrency project requires you to part with your hard earned cash in order for it to become succesful.

You expect a level of transparency and professionalism from a project that is asking for your money.

There are all sorts of red flags which you should be weary of;

  • 404 (missing) websites
  • Expired SSL certs
  • Malware/Hijacked sites
  • Suspended Twitter accounts
  • Private Subreddits
  • SEC investiations

If you spot anything suspicious/resolved then please let us know.

LUXCoin Red flags
  • No red flags
    No red flags have been identified. That doesnt mean its a 100% safe project, it just means that no red flags have been brought to our attention.

LUXCoin Exchanges
LUXCoin Explorers
LUX
Member Ratings (LUX)

1/5

1 review
Ratings and reviews left by our members do not impact the profile score.
Pergola Carazo
Fri, May 1, 2020 7:22 AM
Luxcore is just one more scam coin. Was founded by an anomimous person called "216k". During many years he exploited certain breaches on the blockchain, such as PoS, making incredibles rewards. Also "216k" unlocked a 250.000 LUX team funds wallet. Team is not professional and they keep failing delivery promises.
2 3

87.50%

Complete
Profile Status

How complete is this profile:

A few missing data points

This profile is still waiting for the following data points

  • tradingview profile
  • exchanges
Member Signals

1/5

(1 review)
Member Ratings
Market Cap Rank:
2384
Voted:
--
Bulls v Bears:
neutral
Is Trending?
Member signals do not affect the profile score.
LUXCoin Reddit
LUXCoin Github
LUXCoin News
  • LUXCoin (LUX): How Risky is It Sunday?

    Sun, Dec 26, 2021 6:51 PM

    ...

    read more...
  • LUXCoin 1-Day Volume Tops $1,723.00 (LUX)

    Sat, May 22, 2021 9:24 PM

    LUXCoin (CURRENCY:LUX) traded 6.7% lower against the U.S. dollar during the twenty-four hour period...

    read more...
  • LUXCoin (LUX) One Day Volume Tops $9,398.00

    Wed, May 19, 2021 8:30 PM

    LUXCoin (CURRENCY:LUX) traded up 52% against the dollar during the 1-day period ending at 21:00 PM...

    read more...
  • LUXCoin (LUX) One Day Trading Volume Tops $6,577.00

    Tue, May 18, 2021 12:42 PM

    LUXCoin (CURRENCY:LUX) traded down 7.2% against the US dollar during the 24 hour period ending at...

    read more...
  • LUXCoin (LUX) 1-Day Trading Volume Hits $2,747.00

    Mon, May 17, 2021 9:34 AM

    LUXCoin (CURRENCY:LUX) traded up 10.2% against the U.S. dollar during the 1 day period ending at...

    read more...