Liquity (LQTY) Achieves Market Cap of $64.40 Million

Liquity (LQTY) traded 5.1% lower against the US dollar during the one day period ending at 7:00 AM Eastern on September 4th. Liquity has a market cap of $64.40 million and approximately $19.56 million worth of Liquity was traded on exchanges in the last day. In the last week, Liquity has traded down 16.9% against the US dollar. One Liquity token can currently be bought for $0.69 or 0.00001220 BTC on major exchanges.

Here’s how related cryptocurrencies have performed in the last day:

• Taiko (TAIKO) traded 7.9% lower against the dollar and now trades at $1.37 or 0.00002419 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 2.2% lower 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 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.
• 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.
• MVP Coin (MVP) traded down 5.3% against the dollar and now trades at $0.0507 or 0.00000089 BTC.

Liquity Token Profile

Liquity launched on October 15th, 2020. Liquity’s total supply is 100,000,000 tokens and its circulating supply is 93,480,084 tokens. The official website for Liquity is www.liquity.org. Liquity’s official Twitter account is @liquityprotocol and its Facebook page is accessible here. The Reddit community for Liquity is https://reddit.com/r/Liquity and the currency’s Github account can be viewed here. The official message board for Liquity is medium.com/liquity.

According to CryptoCompare, “Liquity is a decentralized borrowing protocol that allows users to take out interest-free loans using Ether as collateral. The loans are paid out in a USD-pegged stablecoin called LUSD, and borrowers must maintain a minimum collateral ratio of 110%. Loans are secured by a Stability Pool containing LUSD and by fellow borrowers acting as guarantors. Liquity is a non-custodial, immutable, and governance-free protocol. LUSD can be redeemed at any time against the underlying collateral. LQTY is the secondary token issued by Liquity, capturing fee revenue and incentivizing early adopters and frontends, with a total supply cap of 100,000,000 tokens. For more information on LQTY, see LQTY Rewards and Distribution.”

Liquity Token Trading

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

LQTY/USD price chart by TradingView