Loopring (LRC) Reaches Market Cap of $203.86 Million

Loopring (LRC) traded 7.8% higher against the US dollar during the 24-hour period ending at 12:00 PM E.T. on November 10th. One Loopring token can now be purchased for approximately $0.15 or 0.00000187 BTC on exchanges. Loopring has a total market capitalization of $203.86 million and $29.26 million worth of Loopring was traded on exchanges in the last 24 hours. Over the last week, Loopring has traded up 35.2% against the US dollar.

Here’s how other cryptocurrencies have performed over the last 24 hours:

• 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.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded 4.6% higher against the dollar and now trades at $79,573.71 or 0.99771543 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 4.5% against the dollar and now trades at $79,446.47 or 0.99612002 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Loopring Token Profile

Loopring launched on August 1st, 2017. Loopring’s total supply is 1,373,873,397 tokens and its circulating supply is 1,366,806,970 tokens. Loopring’s official message board 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.”

Buying and Selling Loopring

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

LRC/USD price chart by TradingView