Liquity (LQTY) Trading 33.5% Lower This Week

Liquity (LQTY) traded down 4% against the U.S. dollar during the 1-day period ending at 8:00 AM Eastern on February 6th. One Liquity token can now be purchased for approximately $1.02 or 0.00001039 BTC on exchanges. Over the last week, Liquity has traded down 33.5% against the U.S. dollar. Liquity has a market cap of $96.83 million and $30.31 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:

• GMX (GMX) traded 0.6% higher against the dollar and now trades at $17.20 or 0.00017444 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 up 0.4% against the dollar and now trades at $98,565.99 or 0.99937772 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 0.5% against the dollar and now trades at $98,093.89 or 0.99459103 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.

About Liquity

Liquity launched on October 15th, 2020. Liquity’s total supply is 100,000,000 tokens and its circulating supply is 94,490,061 tokens. The Reddit community for Liquity is https://reddit.com/r/Liquity and the currency’s Github account can be viewed here. The official website for Liquity is www.liquity.org. 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 Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Changelly or GDAX. 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