Loopring Price Tops $0.12 (LRC)

Loopring (LRC) traded up 5.2% against the U.S. dollar during the one day period ending at 18:00 PM E.T. on November 5th. Loopring has a total market cap of $157.21 million and approximately $10.50 million worth of Loopring was traded on exchanges in the last 24 hours. One Loopring token can now be purchased for $0.12 or 0.00000166 BTC on popular cryptocurrency exchanges. In the last week, Loopring has traded 9.1% lower against the U.S. dollar.

Here’s how similar cryptocurrencies have performed in 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.
• 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded up 2.3% against the dollar and now trades at $69,277.64 or 0.99802688 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 2.2% against the dollar and now trades at $69,226.34 or 0.99728780 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Loopring

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. Loopring’s official message board is medium.com/loopring-protocol. Loopring’s official Twitter account is @loopringorg and its Facebook page is accessible here. The official website for Loopring is loopring.org. 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 currently possible to purchase alternative cryptocurrencies such as Loopring directly using US dollars. Investors seeking to trade Loopring should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Changelly or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Loopring using one of the exchanges listed above.

LRC/USD price chart by TradingView