Liquity (LQTY) Hits Market Capitalization of $104.23 Million

Liquity (LQTY) traded up 5.9% against the dollar during the twenty-four hour period ending at 19:00 PM Eastern on May 3rd. During the last seven days, Liquity has traded up 0.7% against the dollar. Liquity has a market capitalization of $104.23 million and $20.06 million worth of Liquity was traded on exchanges in the last day. One Liquity token can now be purchased for $1.09 or 0.00001734 BTC on major exchanges.

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

• KILT Protocol (KILT) traded up 0.6% against the dollar and now trades at $0.30 or 0.00000476 BTC.
• Aidi Finance (BSC) (AIDI) traded down 2.2% 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 up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher 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 up 1% against the dollar and now trades at $0.0101 or 0.00000016 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Liquity Profile

Liquity was first traded on October 15th, 2020. Liquity’s total supply is 100,000,000 tokens and its circulating supply is 95,684,183 tokens. Liquity’s official Twitter account is @liquityprotocol and its Facebook page is accessible here. The official message board for Liquity is medium.com/liquity. The official website for Liquity is www.liquity.org. The Reddit community for Liquity is https://reddit.com/r/Liquity and the currency’s Github account can be viewed here.

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

LQTY/USD price chart by TradingView