Loopring 1-Day Trading Volume Tops $17.79 Million (LRC)

Loopring (LRC) traded down 4.4% against the U.S. dollar during the one day period ending at 12:00 PM ET on February 6th. Loopring has a total market cap of $171.18 million and approximately $17.79 million worth of Loopring was traded on exchanges in the last 24 hours. One Loopring token can currently be bought for $0.13 or 0.00000130 BTC on major exchanges. In the last seven days, Loopring has traded 26.9% lower against the U.S. dollar.

Here’s how other cryptocurrencies have performed in the last 24 hours:

• GMX (GMX) traded 0.4% lower against the dollar and now trades at $16.97 or 0.00017564 BTC.
• Aidi Finance (BSC) (AIDI) traded 2.2% lower 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded 1.3% lower against the dollar and now trades at $96,632.63 or 1.00015247 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 1.1% against the dollar and now trades at $96,465.56 or 0.99842327 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.

About Loopring

Loopring was first traded on 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 possible to purchase alternative cryptocurrencies such as Loopring directly using US dollars. Investors seeking to trade Loopring should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Coinbase or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Loopring using one of the aforementioned exchanges.

LRC/USD price chart by TradingView