Loopring (LRC) Price Up 9.2% Over Last Week

by · The Markets Daily

Loopring (LRC) traded 19.7% higher against the US dollar during the 1-day period ending at 12:00 PM E.T. on May 5th. During the last week, Loopring has traded up 9.2% against the US dollar. One Loopring token can now be purchased for $0.11 or 0.00000120 BTC on popular exchanges. Loopring has a total market cap of $153.89 million and approximately $62.22 million worth of Loopring was traded on exchanges in the last day.

Here is how similar cryptocurrencies have performed during the last day:

  • 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 down 2.2% 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 1.7% lower against the dollar and now trades at $93,742.15 or 0.99685269 BTC.
  • SolvBTC.BBN (SOLVBTC.BB) traded 1.9% lower against the dollar and now trades at $93,253.00 or 0.99165118 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 down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Loopring Profile

Loopring’s launch date was August 1st, 2017. Loopring’s total supply is 1,373,873,397 tokens and its circulating supply is 1,366,825,864 tokens. The official website for Loopring 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. 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 an open, multilateral token exchange protocol for decentralized exchange on the Ethereum blockchain. Loopring is intended to serve as a common building block with open standards, driving interoperability among decentralized applications (DAPPs) that incorporate exchange functionality. Trades are executed by a system of Ethereum smart contracts that are publicly accessible, free to use, and that any dApp can hook into. Loopring’s token is based on the ERC20 Ethereum Token Standard and can be liquidated through a Loopring smart contract.LRC is an Ethereum Token.”

Buying and Selling Loopring

It is usually not possible to buy alternative cryptocurrencies such as Loopring directly using U.S. dollars. Investors seeking to acquire Loopring should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, GDAX 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