What is LUCE (LUCE)?

By CMC AI
29 August 2025 09:23PM (UTC+0)

TLDR

LUCE is a cryptocurrency that has faced significant exchange delistings and liquidity challenges, with limited public information available about its core purpose or technical foundations.

  1. Exchange volatility – Delisted from Bybit in August 2024 and subject to trading adjustments on BloFin in 2025.

  2. Low visibility – No clear whitepaper, use case, or ecosystem details publicly accessible.

  3. Market challenges – Persistent price declines (-55% in 90 days) and low liquidity (turnover ratio 0.36).

Deep Dive

1. Exchange History & Liquidity Issues

LUCE was traded on Bybit until its delisting on 8 August 2024, likely due to low liquidity or regulatory concerns (Bybit). BloFin later adjusted its LUCE/USDT perpetual contract tick size in January 2025 to 0.00001, a move typically aimed at improving trade granularity for low-volume assets (BloFin). These events suggest struggles to maintain exchange support and market depth.

2. Absence of Core Identity

Publicly available data lacks details on LUCE’s purpose, technology, or governance. Unlike meme coins with community narratives (e.g., Solanaut’s Solana-focused branding) or utility tokens like SSE’s trading tools, LUCE’s documentation gap leaves its value proposition unclear. The token’s 99.99% supply concentration in one holder (per Pump.fun data) further raises decentralization concerns.

Conclusion

LUCE remains an enigma—a token defined more by exchange challenges than verifiable utility. With no discernible ecosystem or innovation, its trajectory hinges on resolving transparency gaps. What foundational problem, if any, does LUCE aim to solve? Until this is addressed, the project risks remaining adrift in a competitive market.

CMC AI can make mistakes. Not financial advice.