Loopring Achieves Market Capitalization of $176.50 Million (LRC)

Loopring (LRC) traded up 4.9% against the dollar during the twenty-four hour period ending at 19:00 PM E.T. on August 12th. One Loopring token can now be bought for $0.13 or 0.00000217 BTC on popular exchanges. Loopring has a market capitalization of $176.50 million and approximately $8.16 million worth of Loopring was traded on exchanges in the last 24 hours. Over the last week, Loopring has traded up 8.8% against the dollar.

Here is how related cryptocurrencies have performed over the last 24 hours:

• 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 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.
• 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.
• 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 0.5% lower against the dollar and now trades at $0.0127 or 0.00000021 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 up 3.5% against the dollar and now trades at $0.0586 or 0.00000099 BTC.

Loopring Profile

Loopring launched on August 1st, 2017. Loopring’s total supply is 1,373,873,397 tokens and its circulating supply is 1,366,806,970 tokens. The official message board for Loopring is medium.com/loopring-protocol. The official website for Loopring is loopring.org. Loopring’s official Twitter account is @loopringorg and its Facebook page is accessible here. 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 possible to buy alternative cryptocurrencies such as Loopring directly using US dollars. Investors seeking to trade Loopring should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Loopring using one of the exchanges listed above.

LRC/USD price chart by TradingView