LGO Token Status: Active Trading Has Ceased
LGO Token, originally the native token of Legolas Exchange, is no longer an actively traded asset. Its core business and token ecosystem underwent significant changes in 2020, leading to the cessation of LGO Token's circulation and trading.
LGO's Merger with Voyager and Its Impact
In October 2020, European cryptocurrency exchange LGO officially merged with publicly traded brokerage firm Voyager. As a key part of this merger, the LGO token was "merged" or converted with Voyager's native token, VGX. This meant that holders of the original LGO and VGX tokens were allowed to exchange them for a new version of the Voyager token (i.e., VGX, later VGX 2.0).
With the completion of the merger, LGO ceased operations as an independent institutional trading platform, and all its assets, clients, and partnerships were transferred under the Voyager brand. Voyager aimed to provide a broader crypto asset platform, offering cryptocurrency trading and yield rewards services to institutional and retail investors, such as earning interest by holding VGX tokens.
LGO Token Trading and Liquidity Status
Due to the aforementioned merger and business transformation, the LGO token currently lacks an active trading market. As of the time of writing, the real-time price of the LGO token is displayed as $0 or "untracked trading volume data," and its 24-hour trading volume is also $0. This indicates that the LGO token is no longer traded on the open market and lacks any liquidity. Therefore, the answer to the question "how to buy and sell LGO coin" is that active buying and selling is currently not possible.
LGO's Historical Development and Funding
LGO, originally known as Legolas Exchange, rebranded in April 2018. The project aimed to provide a fair, secure, and transparent cryptocurrency trading ecosystem by combining a hybrid model of decentralized ledger and centralized platforms. In its Initial Coin Offering (ICO) in February 2018, LGO successfully raised 3,600Bitcoin, valued at approximately $32.5 million at the time. Its all-time high price reached approximately $0.944549.
LGO Token Total Supply
The total supply of LGO tokens is 217,698,062 LGO.
