Loopring (LRC) Reaches Market Cap of $328.79 Million

Loopring (LRC) traded up 6.2% against the U.S. dollar during the 24 hour period ending at 11:00 AM Eastern on May 2nd. Over the last week, Loopring has traded 8.3% lower against the U.S. dollar. Loopring has a market capitalization of $328.79 million and approximately $15.69 million worth of Loopring was traded on exchanges in the last day. One Loopring token can currently be purchased for about $0.24 or 0.00000406 BTC on major cryptocurrency exchanges.

Here is how related cryptocurrencies have performed over the last day:

• KILT Protocol (KILT) traded up 8.5% against the dollar and now trades at $0.30 or 0.00000505 BTC.
• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 3.7% higher against the dollar and now trades at $0.0100 or 0.00000017 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Loopring Profile

Loopring was first traded on August 1st, 2017. Loopring’s total supply is 1,373,873,397 tokens and its circulating supply is 1,366,804,998 tokens. The official message board for Loopring is medium.com/loopring-protocol. The official website for Loopring is loopring.org. Loopring’s official Twitter account is @loopringorg and its Facebook page is accessible here. The Reddit community for Loopring is https://reddit.com/r/loopringorg and the currency’s Github account can be viewed here.

According to CryptoCompare, “Loopring is a decentralized finance platform that provides protocols, infrastructure, and user-facing products for the future of finance. It offers low-fee, high-speed trading, swapping, liquidity provision, and payments while ensuring security of assets. The first zkRollup protocol on Ethereum is deployed by LOOPRING to prevent exchange and payment applications from accessing user assets. LOOPRING was founded by Daniel Wang and is an Ethereum-based project started in 2017. Users can access the decentralized exchange and payment platform through the LOOPRING Layer2 App and the LOOPRING Wallet, a self-custodial smart contract wallet.”

Loopring Token Trading

It is usually not currently possible to buy alternative cryptocurrencies such as Loopring directly using U.S. dollars. Investors seeking to trade Loopring should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Loopring using one of the aforementioned exchanges.

LRC/USD price chart by TradingView