Loopring Price Tops $0.0495 on Major Exchanges (LRC)

Loopring (LRC) traded down 4.1% against the US dollar during the one day period ending at 12:00 PM Eastern on December 31st. Loopring has a market capitalization of $67.67 million and $8.73 million worth of Loopring was traded on exchanges in the last 24 hours. One Loopring token can now be bought for about $0.0495 or 0.00000057 BTC on popular exchanges. Over the last week, Loopring has traded down 10.7% against the US dollar.

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.
• 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 1.2% higher against the dollar and now trades at $88,059.06 or 0.99682024 BTC.
• SolvBTC (SOLVBTC) traded 0.2% lower against the dollar and now trades at $87,758.53 or 1.00415081 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 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Loopring Token Profile

Loopring was first traded on August 1st, 2017. Loopring’s total supply is 1,373,873,397 tokens and its circulating supply is 1,368,075,669 tokens. The official website for Loopring is loopring.org. Loopring’s official Twitter account is @loopringorg and its Facebook page is accessible here. Loopring’s official message board is medium.com/loopring-protocol. 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 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 presently possible to buy alternative cryptocurrencies such as Loopring directly using US dollars. Investors seeking to acquire Loopring should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Loopring using one of the aforementioned exchanges.

LRC/USD price chart by TradingView