Loopring (LRC) Trading Down 28.7% Over Last 7 Days

Loopring (LRC) traded down 6.1% against the US dollar during the twenty-four hour period ending at 11:00 AM ET on April 16th. In the last seven days, Loopring has traded 28.7% lower against the US dollar. One Loopring token can currently be bought for approximately $0.25 or 0.00000395 BTC on major exchanges. Loopring has a market cap of $335.09 million and approximately $20.15 million worth of Loopring was traded on exchanges in the last 24 hours.

Here’s how related cryptocurrencies have performed in the last 24 hours:

• KILT Protocol (KILT) traded down 3% against the dollar and now trades at $0.34 or 0.00000545 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.
• 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 flat against the dollar and now trades at $0.0086 or 0.00000013 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 1.6% lower against the dollar and now trades at $0.0086 or 0.00000014 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Loopring Profile

Loopring launched on August 1st, 2017. Loopring’s total supply is 1,373,873,397 tokens and its circulating supply is 1,366,804,998 tokens. Loopring’s official Twitter account is @loopringorg and its Facebook page is accessible here. The official website for Loopring is loopring.org. The official message board for Loopring 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.

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 presently possible to buy alternative cryptocurrencies such as Loopring directly using US dollars. Investors seeking to acquire Loopring should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Loopring using one of the exchanges listed above.

LRC/USD price chart by TradingView