Loopring (LRC) Trading Down 18% Over Last 7 Days

Loopring (LRC) traded down 2% against the U.S. dollar during the 24-hour period ending at 11:00 AM ET on January 25th. Over the last seven days, Loopring has traded 18% lower against the U.S. dollar. Loopring has a total market cap of $227.69 million and $17.41 million worth of Loopring was traded on exchanges in the last day. One Loopring token can now be bought for about $0.17 or 0.00000159 BTC on popular cryptocurrency exchanges.

Here’s how similar cryptocurrencies have performed over the last day:

• Aidi Finance (BSC) (AIDI) traded down 2.2% 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 down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded 1% lower against the dollar and now trades at $104,565.08 or 0.99732097 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 0.6% lower against the dollar and now trades at $103,938.19 or 0.99134181 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Loopring Token Profile

Loopring’s launch date was August 1st, 2017. Loopring’s total supply is 1,373,873,397 tokens and its circulating supply is 1,366,819,386 tokens. The Reddit community for Loopring is https://reddit.com/r/loopringorg and the currency’s Github account can be viewed here. Loopring’s official website is loopring.org. The official message board for Loopring is medium.com/loopring-protocol. Loopring’s official Twitter account is @loopringorg and its Facebook page is accessible 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 buy alternative cryptocurrencies such as Loopring directly using US dollars. Investors seeking to trade Loopring should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, GDAX or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Loopring using one of the aforementioned exchanges.

LRC/USD price chart by TradingView