Liquity (LQTY) Market Capitalization Hits $106.11 Million

Liquity (LQTY) traded 1.6% lower against the U.S. dollar during the 24-hour period ending at 15:00 PM E.T. on June 9th. During the last seven days, Liquity has traded 3.4% lower against the U.S. dollar. One Liquity token can currently be bought for about $1.10 or 0.00001582 BTC on popular exchanges. Liquity has a market capitalization of $106.11 million and $13.89 million worth of Liquity was traded on exchanges in the last 24 hours.

Here is how other cryptocurrencies have performed during the last 24 hours:

• KILT Protocol (KILT) traded up 0.5% against the dollar and now trades at $0.25 or 0.00000354 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.
• 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 up 2.9% against the dollar and now trades at $0.0105 or 0.00000015 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Liquity

Liquity launched on October 15th, 2020. Liquity’s total supply is 100,000,000 tokens and its circulating supply is 96,101,469 tokens. Liquity’s official Twitter account is @liquityprotocol and its Facebook page is accessible here. 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. Liquity’s official message board is medium.com/liquity.

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

LQTY/USD price chart by TradingView