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This Cryptocurrency Gave 700% Return In Less Than A Month

Updated on: 18 September,2021 12:00 AM IST  |  Mumbai
BrandMedia | brandmedia@mid-day.com

Lyca coin started trading at less than US $0.01 (1 cent) and is now trading at US $0.075 (7.5 cents)

This Cryptocurrency Gave 700% Return In Less Than A Month

Lyca coin

The Republic of Lyca, represented by the Lyca coin, has given its investors a windfall return in the last 30 days. The Lyca coins are listed on Pancakeswap, the largest decentralized exchange. Lyca coin is built on Binance Smart Chain (BSC). Lyca coin started trading at less than US $0.01 (1 cent) and is now trading at US $0.075 (7.5 cents). The Lyca coin is proposing IEO on Gate.io exchange at the US $0.50, thus ensuring exciting returns for the initial investors.


 


 What Is Lyca Coin?


The Republic of Lyca is an upcoming crypto island in Belize. Belize is a nation on the eastern coast of Central America. The Lyca Island is also the world’s first micronation that fully supports all kinds of crypto businesses and proposes zero state or income taxes for its E-Citizens. Any person, irrespective of his nationality, can become an E-Citizen for a fee of US $24.99, which authorizes the person to receive a digital ID and a right to incorporate his business. The

E-Citizens will also be able to access a digital university and a digital hospital.

Initially, only 20,000 people will be able to apply for the E-Citizenship. Overall, the island will restrict itself to less than 2 million digital citizenships.

Lyca offers to set up a full-fledged crypto bank that can be used for opening business accounts. The bank holders will access the debit card, making payments easier without converting crypto into fiat or back and forth. The crypto bank account holders will also deposit (stake) their crypto holdings and earn fixed returns on their investments. These facilities are a must for the people who wish to relocate their business or income to a tax haven like the Republic of Lyca.

Lyca Island fully supports nudity and naturists. The visitors can relax in their birth suits and enjoy the natural beauty of Belize and take a dip in the clear blue waters of Belize. Lyca Island proposes to become the most happening party destination exclusively for crypto lovers.

 

Lyca ICO

The Republic of Lyca will offer its Lyca Governance (Lyca) coin on Gate.io exchange, aiming to raise US $15 million through the Initial Exchange Offering (IEO). The price on Pancakeswap is currently under US $0.10. However, the IEO is proposed at US $0.50. An investor can sell his coins back in the IEO.

Though everything looks great and exciting, one must remember that investing in cryptocurrencies may give wild swings, hence invest the amount you can dare to lose.

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