Loopring (LRC) Price Reaches $0.48 on Top Exchanges

Loopring (LRC) traded down 1.6% against the dollar during the twenty-four hour period ending at 0:00 AM ET on May 17th. Loopring has a market capitalization of $640.05 million and approximately $82.35 million worth of Loopring was traded on exchanges in the last day. One Loopring coin can currently be purchased for approximately $0.48 or 0.00001614 BTC on major exchanges. Over the last week, Loopring has traded 15.9% lower against the dollar.

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

• BITCOIN ADDITIONAL (BTCA) traded 1.6% lower against the dollar and now trades at $29,805.19 or 0.99986985 BTC.
• Binance USD (BUSD) traded 0% higher against the dollar and now trades at $1.00 or 0.00003359 BTC.
• Crypto.com Coin (CRO) traded up 5% against the dollar and now trades at $0.41 or 0.00001075 BTC.
• Parkgene (GENE) traded flat against the dollar and now trades at $25.59 or 0.00045023 BTC.
• DREP (DREP) traded flat against the dollar and now trades at $1.96 or 0.00003398 BTC.
• DREP [old] (DREP) traded flat against the dollar and now trades at $1.96 or 0.00003399 BTC.
• Dai (DAI) traded 0.1% lower against the dollar and now trades at $1.00 or 0.00003353 BTC.
• Polygon (MATIC) traded down 0.3% against the dollar and now trades at $0.70 or 0.00002351 BTC.
• THETA (THETA) traded flat against the dollar and now trades at $5.25 or 0.00010640 BTC.
• FTX Token (FTT) traded 2.8% lower against the dollar and now trades at $31.29 or 0.00104968 BTC.

Loopring Profile

LRC is a coin. It launched on August 1st, 2017. Loopring’s total supply is 1,373,873,439 coins and its circulating supply is 1,330,082,009 coins. Loopring’s official Twitter account is @loopringorg and its Facebook page is accessible here. Loopring’s official website is loopring.org. The Reddit community for Loopring is /r/loopringorg and the currency’s Github account can be viewed here. Loopring’s official message board is medium.com/loopring-protocol.

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 U.S. dollars. Investors seeking to trade Loopring should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Loopring using one of the aforementioned exchanges.