Loopring (LRC) Hits Market Cap of $168.44 Million

Loopring (LRC) traded up 3.1% against the US dollar during the one day period ending at 11:00 AM ET on March 2nd. Loopring has a market cap of $168.44 million and $13.71 million worth of Loopring was traded on exchanges in the last day. During the last seven days, Loopring has traded 8.2% lower against the US dollar. One Loopring token can now be bought for $0.12 or 0.00000140 BTC on major exchanges.

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

• Taiko (TAIKO) traded 1.9% lower against the dollar and now trades at $0.95 or 0.00001086 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 2.2% lower 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded 2.7% higher against the dollar and now trades at $86,827.86 or 0.98779425 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 1.4% higher against the dollar and now trades at $85,483.95 or 0.97250527 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.

Loopring Profile

Loopring’s launch date was August 1st, 2017. Loopring’s total supply is 1,373,873,397 tokens and its circulating supply is 1,366,825,864 tokens. Loopring’s official Twitter account is @loopringorg and its Facebook page is accessible here. The official website for Loopring is loopring.org. 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 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 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 Gemini, Coinbase or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Loopring using one of the exchanges listed above.

LRC/USD price chart by TradingView