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$669.90 -3.72714
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Bitcoin
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$96,898.00 1.07392
Bitcoin price
Ethereum
Ethereum (ETH)
$2,708.08 1.67895
Ethereum price
BNB
BNB (BNB)
$669.90 -3.72714
BNB price
Solana
Solana (SOL)
$197.73 2.82424
Solana price
XRP
XRP (XRP)
$2.70 10.99788
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000165 1.28671
Shiba Inu price
Pepe
Pepe (PEPE)
$0.00001 3.8428
Pepe price
Bonk
Bonk (BONK)
$0.0000179 2.07183
Bonk price
dogwifhat
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$0.661693 12.07315
dogwifhat price
Popcat
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$0.358241 13.66759
Popcat price
Bitcoin
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$96,898.00 1.07392
Bitcoin price
Ethereum
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$2,708.08 1.67895
Ethereum price
BNB
BNB (BNB)
$669.90 -3.72714
BNB price
Solana
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$197.73 2.82424
Solana price
XRP
XRP (XRP)
$2.70 10.99788
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000165 1.28671
Shiba Inu price
Pepe
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$0.00001 3.8428
Pepe price
Bonk
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$0.0000179 2.07183
Bonk price
dogwifhat
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$0.661693 12.07315
dogwifhat price
Popcat
Popcat (POPCAT)
$0.358241 13.66759
Popcat price
Bitcoin
Bitcoin (BTC)
$96,898.00 1.07392
Bitcoin price
Ethereum
Ethereum (ETH)
$2,708.08 1.67895
Ethereum price
BNB
BNB (BNB)
$669.90 -3.72714
BNB price
Solana
Solana (SOL)
$197.73 2.82424
Solana price
XRP
XRP (XRP)
$2.70 10.99788
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000165 1.28671
Shiba Inu price
Pepe
Pepe (PEPE)
$0.00001 3.8428
Pepe price
Bonk
Bonk (BONK)
$0.0000179 2.07183
Bonk price
dogwifhat
dogwifhat (WIF)
$0.661693 12.07315
dogwifhat price
Popcat
Popcat (POPCAT)
$0.358241 13.66759
Popcat price

Key reason why Layer One X price blast 1,638% in less than one hour

Dorian Batycka
Edited by
News
Key reason why Layer One X price blast 1,638% in less than one hour

Crypto startup Layer One X designed to serve as a layer-1 smart contract protocol saw its token jumping by more than 1,600% in a matter of one hour.

Layer One X, a startup which promises developers to build once and access liquidity across different networks, saw the price of its native token L1X jumping by more than 1,680% in a matter of just few hours on CoinGecko, a crypto price tracking website.

According to the website’s data, L1X price soared from $5.14 to $37.16 in just one hour, outpacing multiple other altcoins in the top 100 coins by market capitalization. However, it appears that the surge might actually be due to a display error on CoinGecko’s website. The project’s X account noted there are significant discrepancies between the price shown on CoinGecko and on such decentralized exchanges as Uniswap, PancakeSwap, and Raydium.

https://twitter.com/LayerOneX/status/1882301725081731581?s=20

In an X post on Jan. 23, Layer One X’s account on X explained that the L1X token was listed at $0.15 on DEXs, while CoinGecko displayed the listing price at $4.21.

While the exact methodology which CoinGecko employs to determine starting prices for tracking remains unclear, the project expressed concern that the discrepancy “may confuse our community and visitors,” adding that “we’ve already submitted a ticket to resolve this issue and appreciate your quick assistance.”

As of press time, CoinGecko hasn’t issued any public comments on the situation.