Loopring (LRC) Achieves Market Cap of $73.29 Million

Loopring (LRC) traded down 6.6% against the U.S. dollar during the 24-hour period ending at 13:00 PM ET on November 21st. One Loopring token can currently be bought for approximately $0.0536 or 0.00000064 BTC on major exchanges. Loopring has a total market capitalization of $73.29 million and approximately $12.45 million worth of Loopring was traded on exchanges in the last day. In the last week, Loopring has traded down 14.7% against the U.S. dollar.

Here’s how similar cryptocurrencies have performed in the last day:

• 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.
• Hokkaidu Inu (HOKK) traded 1.2% higher 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.
• SolvBTC (SOLVBTC) traded 2.4% lower against the dollar and now trades at $84,586.36 or 1.01159173 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Loopring Token Profile

Loopring’s launch date was August 1st, 2017. Loopring’s total supply is 1,373,873,397 tokens and its circulating supply is 1,367,105,325 tokens. Loopring’s official message board is medium.com/loopring-protocol. Loopring’s official website is loopring.org. The Reddit community for Loopring is https://reddit.com/r/loopringorg and the currency’s Github account can be viewed here. Loopring’s official Twitter account is @loopringorg and its Facebook page is accessible here.

According to CryptoCompare, “Loopring is an open, multilateral token exchange protocol for decentralized exchange on the Ethereum blockchain. Loopring is intended to serve as a common building block with open standards, driving interoperability among decentralized applications (DAPPs) that incorporate exchange functionality. Trades are executed by a system of Ethereum smart contracts that are publicly accessible, free to use, and that any dApp can hook into. Loopring’s token is based on the ERC20 Ethereum Token Standard and can be liquidated through a Loopring smart contract.LRC is an Ethereum Token.”

Buying and Selling Loopring

It is usually not possible to purchase alternative cryptocurrencies such as Loopring directly using U.S. dollars. Investors seeking to trade Loopring should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Changelly or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Loopring using one of the aforementioned exchanges.

LRC/USD price chart by TradingView