Liquity (LQTY) Market Cap Reaches $113.06 Million

Liquity (LQTY) traded up 27% against the U.S. dollar during the 24 hour period ending at 8:00 AM E.T. on November 10th. Liquity has a market capitalization of $113.06 million and $105.37 million worth of Liquity was traded on exchanges in the last day. One Liquity token can now be bought for $1.20 or 0.00001507 BTC on major exchanges. Over the last week, Liquity has traded up 45.9% against the U.S. dollar.

Here’s how similar cryptocurrencies have performed over 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 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 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 (SOLVBTC) traded up 4% against the dollar and now trades at $79,369.66 or 0.99681082 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 3.8% higher against the dollar and now trades at $79,140.96 or 0.99393856 BTC.
• Lumi Credits (LUMI) traded 8.9% higher 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.

Liquity Token Profile

Liquity launched on October 15th, 2020. Liquity’s total supply is 100,000,000 tokens and its circulating supply is 94,236,790 tokens. The official website for Liquity is www.liquity.org. 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. Liquity’s official message board is medium.com/liquity.

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.”

Liquity Token Trading

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

LQTY/USD price chart by TradingView