HomeCrypto Q&A

Crypto Q&A

lbank questions
How did Solana's GECKO meme coin emerge?
Gecko Coin (GECKO), a meme token native to the Solana blockchain, emerged from Web3 enthusiasts. Classified as a micro-cap asset with a circulating supply of 98 billion GECKO, its creation was inspired by the Solana community's resilience and the playful spirit of gecko memes.
2026-01-27
crypto
What defines Ethereum's decentralized architecture?
Ethereum's decentralized architecture relies on a distributed ledger, the blockchain, enabling trustless interactions and computation. This framework supports self-executing smart contracts processed by the Ethereum Virtual Machine (EVM). Its design incorporates distinct layers—execution, consensus, and data availability—which collectively contribute to its overall functionality.
2026-01-27
Ethereum
Why is EMA more responsive than SMA?
The Exponential Moving Average (EMA) is more responsive than the Simple Moving Average (SMA) in technical analysis because it assigns greater weight to more recent price data points. This key characteristic allows the EMA to react quicker to current price changes, potentially identifying emerging trends in financial markets faster than SMA.
2026-01-27
Trading
What is Dogelon Mars (ELON), the Vitalik-donated meme coin?
Dogelon Mars (ELON) is a dog-themed meme coin launched in 2021 on Ethereum and Polygon. Named after Dogecoin and Elon Musk, it alludes to Mars colonization and functions as a medium of exchange. Vitalik Buterin received 50% of its initial supply, which he subsequently donated to the Methuselah Foundation.
2026-01-27
crypto
How does CoinTool enable no-code blockchain development?
CoinTool enables no-code blockchain development by providing tools for users to create fungible and non-fungible tokens (NFTs) and smart contracts. Users can deploy these digital assets across multiple blockchains, including Ethereum, Fuse, and Polygon, often without requiring coding expertise.
2026-01-27
crypto
How is Bonk revitalizing Solana's ecosystem?
Bonk, a dog-themed memecoin launched on Solana in December 2022, aims to revitalize the ecosystem post-FTX. It fosters development with weekly trading competitions and plans a 1 trillion token burn upon reaching one million holders. Significant token burns in late 2024 contributed to market rallies. Bonk has also expanded utility through integrations across various web3 applications and protocols.
2026-01-27
crypto
How do technical indicators inform crypto trading?
Technical indicators are mathematical tools analyzing historical crypto market data to understand conditions and anticipate price movements. Traders use combinations like Moving Averages, RSI, and Bollinger Bands to gain insights into momentum, volatility, and trend strength. This multi-faceted approach provides a comprehensive view for informed decision-making in crypto trading.
2026-01-27
Trading
How many distinct ATC Coin projects exist?
There are at least two distinct ATC Coin projects. One, often called ATCC, is an Ethereum-based decentralized payment solution for global commerce. The other, Atlantis Coin (ATC), launched in May 2021, migrated to the BNB Chain, and serves as a "green" cryptocurrency for metaverse applications and MetaPay's native token.
2026-01-27
crypto
How does Sia decentralize cloud storage with Siacoin?
Sia decentralizes cloud storage by enabling users to rent out unused hard drive space, distributing encrypted data across many nodes. Siacoin (SC), its native utility token, facilitates this by being used for transactions like paying for these storage services, ensuring a secure and private alternative.
2026-01-27
crypto
What is Shiba Inu: From meme coin to blockchain ecosystem?
Shiba Inu (SHIB) is a decentralized, Ethereum-based altcoin created in August 2020 by the anonymous "Ryoshi." Initially a meme coin inspired by the Shiba Inu dog, it has expanded significantly. The project now encompasses an ecosystem with various tokens and a dedicated Layer 2 blockchain called Shibarium.
2026-01-27
crypto
How does Litecoin improve on Bitcoin's design?
Litecoin, a 2011 Bitcoin fork, improves on its design through a decreased block generation time and a different Scrypt hashing algorithm. It aims to facilitate instant, near-zero cost global payments and supports higher transaction volumes due to its faster block generation.
2026-01-27
crypto
What are gold stocks: Their types and market links?
Gold stocks represent shares in companies involved in gold mining, exploration, or production. They offer indirect gold market exposure, with value sensitive to gold prices and company factors. Types range from large senior miners to smaller, riskier junior exploration firms.
2026-01-27
Gold
How does China's e-CNY strategy contrast with crypto ban?
China strictly banned decentralized cryptocurrency transactions in September 2021. Concurrently, it actively developed the e-CNY (Digital Yuan), its own state-backed digital currency. This digital Renminbi is intended for domestic retail payments, contrasting its approach to decentralized crypto with its embrace of a controlled digital alternative.
2026-01-27
crypto
Why was 10,000 BTC only worth $40 for pizza?
On May 22, 2010, Laszlo Hanyecz completed the first real-world Bitcoin transaction, paying 10,000 BTC for two Papa John's pizzas. At that time, these bitcoins were valued at approximately $40, reflecting Bitcoin's early stage. This event is now commemorated annually as "Bitcoin Pizza Day."
2026-01-27
crypto
What Does a Crypto Wallet Balance Represent?
A crypto wallet balance signifies the total digital assets within a specific wallet address. It reflects the aggregate of all incoming deposits and outgoing withdrawals associated with that unique address, indicating the current quantity of cryptocurrency available for the owner.
2026-01-27
Wallets
What influences Kamthi Jewellers' Chhindwara gold rates?
Kamthi Jewellers' Chhindwara gold rates are influenced by global benchmarks, import duties, currency exchange rates, and local demand and supply. The Indian Bullion and Jewellers Association helps set these daily prices by considering broader market trends for this local retailer.
2026-01-27
Gold
What is Google's actual involvement with blockchain?
Google has no official "Google Coin." However, Google Cloud is developing the Google Cloud Universal Ledger (GCUL), a blockchain network for financial institutions currently in private testnet. Additionally, tokenized versions of Google's stock are offered on third-party cryptocurrency exchanges, providing exposure to its equity.
2026-01-27
crypto
What influences data selling price and its business value?
The data selling price, representing its monetary exchange value, is influenced by factors like type, quality, relevance, volume, accuracy, uniqueness, and timeliness. Businesses purchase this data to gain customer insights, personalize services, inform targeted advertising, and enhance decision-making, highlighting its significant business value.
2026-01-27
Investment
What defines Coq Inu as a community-driven memecoin?
Coq Inu is defined as community-driven because it was launched on Avalanche by its community members on December 7, 2023. These creators contributed the entire token supply and initial liquidity. It is described as a community coin without intrinsic value, a formal team, or a roadmap, primarily intended for entertainment and speculative trading.
2026-01-27
crypto
Is Pi Network's PI tradable in the open market?
CoinGecko tracks Pi Network's PI, displaying its live price, market capitalization, and trading volume. Although PI can be traded on certain centralized exchanges, Pi Network is currently in a restricted mainnet phase. Therefore, the Pi coin is not yet fully tradable in an open market, despite its vision as a social cryptocurrency and developer platform.
2026-01-27
crypto
Live Chat
Customer Support Team

Just Now

Dear LBank User

Our online customer service system is currently experiencing connection issues. We are working actively to resolve the problem, but at this time we cannot provide an exact recovery timeline. We sincerely apologize for any inconvenience this may cause.

If you need assistance, please contact us via email and we will reply as soon as possible.

Thank you for your understanding and patience.

LBank Customer Support Team