Liquity Reaches Market Cap of $97.46 Million (LQTY)

Liquity (LQTY) traded 0.8% lower against the dollar during the 1 day period ending at 16:00 PM Eastern on April 19th. Liquity has a total market cap of $97.46 million and approximately $35.27 million worth of Liquity was traded on exchanges in the last day. In the last seven days, Liquity has traded down 13.9% against the dollar. One Liquity token can now be bought for about $1.02 or 0.00001590 BTC on popular exchanges.

Here is how similar cryptocurrencies have performed in the last day:

• KILT Protocol (KILT) traded 0.7% higher against the dollar and now trades at $0.33 or 0.00000522 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 down 2.2% 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 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 1.7% against the dollar and now trades at $0.0087 or 0.00000014 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Liquity Token Profile

Liquity’s launch date was October 15th, 2020. Liquity’s total supply is 100,000,000 tokens and its circulating supply is 95,608,958 tokens. The official website for Liquity is www.liquity.org. Liquity’s official Twitter account is @liquityprotocol and its Facebook page is accessible here. 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 possible to purchase alternative cryptocurrencies such as Liquity directly using US dollars. Investors seeking to trade Liquity should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Gemini or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Liquity using one of the exchanges listed above.

LQTY/USD price chart by TradingView