Loopring Achieves Market Cap of $166.48 Million (LRC)

Loopring (LRC) traded up 1.6% against the U.S. dollar during the twenty-four hour period ending at 7:00 AM ET on September 10th. One Loopring token can now be purchased for $0.12 or 0.00000213 BTC on major exchanges. During the last seven days, Loopring has traded 2.3% lower against the U.S. dollar. Loopring has a market cap of $166.48 million and $9.53 million worth of Loopring was traded on exchanges in the last day.

Here is how related 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.
  • Lumi Credits (LUMI) traded up 8.9% 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.
  • MVP Coin (MVP) traded 5.4% higher against the dollar and now trades at $0.0641 or 0.00000112 BTC.
  • 2G Carbon Coin (2GCC) traded 0.4% lower against the dollar and now trades at $0.0480 or 0.00000183 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 1,366,806,970 tokens. Loopring’s official Twitter account is @loopringorg and its Facebook page is accessible here. Loopring’s official message board is medium.com/loopring-protocol. 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.

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 US dollars. Investors seeking to trade Loopring should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Loopring using one of the aforementioned exchanges.

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