Loopring Reaches Market Capitalization of $293.30 Million (LRC)

Loopring (LRC) traded 3.7% lower against the US dollar during the 24 hour period ending at 15:00 PM E.T. on November 17th. Loopring has a market cap of $293.30 million and approximately $20.81 million worth of Loopring was traded on exchanges in the last day. One Loopring token can now be bought for approximately $0.22 or 0.00000606 BTC on major cryptocurrency exchanges. Over the last week, Loopring has traded down 5.1% against the US dollar.

Here is how related cryptocurrencies have performed over the last day:

  • KILT Protocol (KILT) traded 11.5% higher against the dollar and now trades at $0.45 or 0.00001226 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 down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
  • OmniaVerse (OMNIA) traded 1.6% lower against the dollar and now trades at $0.0008 or 0.00000002 BTC.
  • Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
  • Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
  • Lego Coin (LEGO) traded up 0% against the dollar and now trades at $0.0049 or 0.00000013 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 0.8% against the dollar and now trades at $0.0085 or 0.00000023 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 1,331,672,349 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. Loopring’s official message board 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.”

Loopring Token Trading

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

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