Liquity Trading Down 23.7% This Week (LQTY)

Liquity (LQTY) traded down 6.2% against the U.S. dollar during the 24-hour period ending at 14:00 PM E.T. on August 4th. Over the last seven days, Liquity has traded down 23.7% against the U.S. dollar. One Liquity token can currently be bought for $0.61 or 0.00001050 BTC on exchanges. Liquity has a market cap of $58.43 million and approximately $14.54 million worth of Liquity was traded on exchanges in the last 24 hours.

Here is how similar 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 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.
• 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 0.4% higher against the dollar and now trades at $0.0123 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 down 15.5% against the dollar and now trades at $0.0694 or 0.00000120 BTC.

Liquity Profile

Liquity’s genesis date was October 15th, 2020. Liquity’s total supply is 100,000,000 tokens and its circulating supply is 96,367,829 tokens. The official website for Liquity is www.liquity.org. The official message board for Liquity is medium.com/liquity. The Reddit community for Liquity is https://reddit.com/r/Liquity and the currency’s Github account can be viewed here. Liquity’s official Twitter account is @liquityprotocol and its Facebook page is accessible here.

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.”

Buying and Selling Liquity

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

LQTY/USD price chart by TradingView