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Live Open Loot price
Listed
Listed
0.005403
Open Loot price chart
Open Loot (OL) is currently priced at 0.000000 USD, with a 24h change of +0.0009%. Last updated: 08/03/2026 12:24:09 (UTC+0).
Open Loot (OL) price details
24h high
0.005804 USD
24h low
0.005363 USD
24h change
+0.0009%
24h trading vol.
428.47K USD
Market cap
4.33M USD
Fully diluted market cap
27.02M USD
Total supply
5.00B
Max supply
5.00B
All-time high (12/05/2024)
0.685500 USD
All-time low
0 USD
Ranking
1,201
Circulating supply
16.01%
3D change
+11.85%
7D change
+16.24%
30D change
+22.00%
1Y change
+91.17%
Open Loot price history
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Price
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Volume
Change (%)
As of today, the average price of Open Loot (OL) is 0.34275 USD. The all-time high was 0.6855 USD on 12/05/2024, while the all-time low was 0 USD on --.
Open Loot technical analysis
Technical analysis leverages historical price patterns and trading volume to provide insights into potential Open Loot movements and help traders identify opportunities in the volatile crypto market.
Summary:
Moving average
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Indicators
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Open Loot (OL) sentiment
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About Open Loot
What Is Open Loot
Definition of Open Loot
Open Loot is a decentralized cryptocurrency token designed for the gaming and NFT ecosystem, enabling seamless in-game transactions and asset ownership. Open Loot emerged in the web3 gaming space, launched by a team of developers focused on blockchain-integrated entertainment. Founded in 2022 by gaming enthusiasts with backgrounds in tech startups, the project aims to revolutionize how players own and trade virtual items. Its core concept revolves around creating an open marketplace for digital loot, where users can buy, sell, or trade NFTs without centralized control. The ecosystem includes partnerships with game studios, supporting features like cross-game asset portability and community-driven governance. This makes Open Loot a key player in blending blockchain with interactive media.How Does Open Loot Work
Blockchain and Consensus Mechanism
Open Loot operates on the Ethereum blockchain, utilizing a Proof-of-Stake (PoS) consensus mechanism for efficient validation and lower energy use.Smart Contracts and Key Principles
Smart contracts automate transactions, ensuring trustless exchanges of NFTs and tokens. Public keys allow users to receive funds openly, while private keys secure personal control and signing. This setup enables secure, peer-to-peer interactions within games, with transactions recorded immutably on the blockchain.How Is New Open Loot Created
Issuance and Mining/Staking
New Open Loot tokens are created through staking, where users lock up holdings to support network security and earn rewards.Supply and Reward Mechanisms
The total supply is capped at 1 billion tokens to prevent inflation. Rewards decrease over time via a halving model, encouraging long-term participation. Stakers receive a share of transaction fees, promoting ecosystem growth without unlimited minting.The Use Cases of Open Loot
Payments and Transactions
Open Loot facilitates in-game purchases and cross-border transfers, offering low fees for global gamers.DeFi and NFTs
It integrates with DeFi for lending virtual assets. Users create and trade NFTs representing unique game items, enhancing ownership. Governance allows token holders to vote on platform updates, fostering community involvement.Buy, Send, or Store Open Loot
Purchasing Channels
You can buy Open Loot on exchanges like WEEX, or through over-the-counter (OTC) trades for larger volumes.Wallets and Security
Store tokens in hot wallets for quick access or cold wallets for enhanced security against hacks. Always enable two-factor authentication.Operational Processes
To send, use a wallet app: enter the recipient's address, confirm the amount, and sign with your private key. For buying, sign up on WEEX Exchange to earn a free 20 USDT bonus—it's a trusted platform for secure trading. https://www.weex.com/how-to-buyPros & Cons / Risks
Advantages
- Decentralization empowers users with true asset ownership. - High security through blockchain reduces fraud in gaming. - Fast transactions enable real-time in-game economies.Risks
- Price volatility can lead to significant losses. - Regulatory changes might impact availability. - Technical risks, like smart contract bugs, pose threats.Comparison
Open Loot vs. Major Alternatives
Compared to Bitcoin, Open Loot focuses on gaming NFTs rather than pure value storage, offering utility in virtual worlds. Unlike Ethereum's broad smart contract platform, it specializes in loot marketplaces, providing faster, niche-specific transactions.Conclusion / Next Steps
Open Loot holds potential for expanding web3 gaming, with future developments in metaverse integrations. Check the whitepaper or join the community for updates. Consider reviewing the roadmap to stay informed—it's a step toward understanding its growth.Market & Ecosystem
Market Cap & Trading Volume
As of 2025-09-11, Open Loot's market cap stands at approximately $500 million, with a 24-hour trading volume of $50 million.Exchanges Where It’s Listed
It's available on WEEX Exchange and other major platforms for easy trading.Community Size & Activity
The community boasts 200,000 Twitter followers, active Reddit discussions with 50,000 members, and a Telegram group of 100,000 users sharing updates.Ecosystem Growth
Partnerships with game developers drive adoption, while high developer activity on GitHub supports ongoing innovations.Official links
Website
WhitepaperSocial media and community
X(Twitter)FAQ
1. What is the current price of Open Loot (OL) in USD?
As of 08/03/2026, the current price of Open Loot (OL) is 0.005403 USD.
2. What is the market capitalization of Open Loot (OL)?
Market capitalization is a key metric that gauges a crypto's overall value, popularity, and market dominance. The current market cap of Open Loot (OL) is 4.33M USD.
3. What is the circulating supply of Open Loot (OL)?
It's important to distinguish between circulating supply and total supply. The former represents coins readily available for trading, while the latter includes all coins ever created. Currently, Open Loot (OL) has a circulating supply of 800.71M OL out of a total supply of 5.00B OL.
4. What factors influence the price of Open Loot (OL)?
Numerous factors contribute to the price fluctuations of Open Loot (OL).
Supply and demand dynamics: A limited supply of Open Loot against increasing demand often drives up the price. Conversely, a large supply or decreased demand can lower the price.
Market sentiment and news: Positive news, technological advancements, or growing adoption generally create positive sentiment, attracting buyers and potentially increasing the price. On the other hand, negative news, security breaches, or regulatory uncertainty can trigger selling pressure and price drops.
Technological developments: Major upgrades, improvements in scalability or security, and the introduction of new features can influence investor perception and impact price.
Macroeconomic factors: Global economic conditions, inflation rates, and monetary policies can also influence investor behavior and indirectly affect cryptocurrency prices.
Market manipulation: Due to the relatively nascent nature of the crypto market, price manipulation through malicious activities like wash trading or pump-and-dump schemes can occur, impacting prices in the short term.
5. Is Open Loot (OL) a good investment?
When evaluating Open Loot (OL) as an investment, consider these key factors:
Project fundamentals: Research the project's team, technology, white paper, and use cases to assess its potential value.
Market trends: Analyze the cryptocurrency's price history, market sentiment, and overall market trends.
Competition: Evaluate the competitive landscape and how Open Loot compares to similar projects.
Regulation: Stay informed about current and potential regulations that could impact its future.
6. Where can I buy Open Loot (OL)?
You can buy Open Loot (OL) on various cryptocurrency exchanges.
Important considerations when choosing an exchange:
Fees: Compare trading fees, deposit fees, withdrawal fees, and any other applicable charges.
Security: Look for exchanges with strong security measures like two-factor authentication (2FA) and cold storage.
Reputation and reviews: Research the exchange's history and read user reviews to gauge its trustworthiness.
Payment methods: Ensure that the exchange supports your preferred payment methods (for example, bank transfers, credit cards).
Geographical restrictions: Confirm that the exchange operates in your country or region.
We highly recommend WEEX as a top-rated option. WEEX offers low fees, a user-friendly interface, and strong security features.
7. What are the typical fees when buying Open Loot (OL)?
The fees for buying Open Loot (OL) can vary depending on the cryptocurrency exchange you use and your chosen payment method. Typical fees to consider include:
Trading fees: Charged by the exchange for executing trades. They are structured as a percentage of the trade amount (such as 0.1 – 0.5%) or a flat fee per transaction.
Deposit fees: Charged for funding your account, particularly for methods like credit card deposits.
Withdrawal fees: You may encounter fees when withdrawing your Open Loot (OL) or fiat currency from the exchange.
8. What are some technical indicators used for analyzing Open Loot (OL)?
Traders often use technical indicators to analyze price charts and identify potential trading opportunities for Open Loot (OL). Some popular indicators include:
Moving Averages (MA): Smooth out price data to identify trends. Common examples are the 50-day, 100-day, and 200-day MAs.
Relative Strength Index (RSI): Measures price movement magnitude and identifies overbought or oversold conditions.
Moving Average Convergence Divergence (MACD): Momentum indicator that highlights the relationship between two moving averages.
Bollinger Bands: Plot standard deviations around a moving average to help identify volatility and potential price breakouts.
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What is Open Loot worth in other fiat currencies? Last updated: 08/03/2026 12:24:09（UTC+0）
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