LockTrip (LOC) is a blockchain-based travel marketplace that intends to reduce costs for users by eliminating intermediary commissions. It provides a wide range of payment options, including credit cards, various cryptocurrencies, and its native LOC token. With a vast network of partners in the travel industry, LockTrip provides access to a large inventory of hotels and properties worldwide. It also provides a selection of over 1,000 airlines, making it a solution for travel bookings. The LOC token, powered by the Hydra chain, is integral to LockTrip's business model. Each booking on the platform results in a portion of the booking value being used to acquire and subsequently burn LOC tokens, a process that can be transparently verified on the blockchain. This is intended to create a deflationary model, as the supply of LOC tokens decreases with each booking.

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The current market cap of LockTrip is CA$230.222K. A high market cap implies that the asset is highly valued by the market.

The all-time high of LockTrip is CA$0.01394. This all-time high is highest price paid for LockTrip since it was launched.

Over the last 24 hours, the trading volume of LockTrip is CA$326.559.

Assets that have a similar market cap to LockTrip include Essentia, Cardstack, Autonio, and many others. To see a full list, see our comparable market cap assets.

The current circulating supply of LockTrip is 17 million.