Cryptocurrency

Loopring LRC’s Performance this Week

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Loopring LRC showed improvements while trading against the dollar with 2.6 percent. The current rate of one LRC is 0.0563 U.S. Dollars. Or you can buy it for worth 0.00001541 BTC. It is available on crypto exchanges such as OKEx, OTCBTC, Bitbns, and IDAX.

Looking at the weekly performance, LRC has shown improvements while trading against the dollar here as well with 3.9 percent. The total market capitalization of the cryptocurrency is 44.45 million U.S. Dollars. On 1st Feb. approximately 1.07 million worth of LRC was traded.

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How did the other cryptocurrencies perform? Let us have a look-
  • Stellar (XLM) saw a rise against the dollar with 1.5 percent. The current trading value of XLM 0.0795 U.S Dollar or 0.00002175 BTC.
  • Ripple XRP also saw a rise against the dollar with 0.2 percent. The current trading value of XRP is 0.30 U.S Dollar or 0.00008282 BTC.
  • TRON (TRX) saw a downturn against the dollar with 1 percent. The current trading value of TRX is 0.0238 U.S Dollar or 0.00000650 BTC.
  • Tether (USDT) also saw a downturn against the dollar with 0.1 percent. The current trading value of USTD is 1.00 U.S Dollar or 0.00027409 BTC.
  • Bitcoin SV (BSV) also saw a rise against the dollar with 0.5 percent. The current trading value of BSV is 62.61 U.S. Dollars or 0.01712954 BTC.
  • Binance Coin (BNB) also saw a rise against the dollar with 0.4 percent. The current trading value of BNB is 9.16 U.S Dollars or 0.00250478 BTC.
  • NEO (NEO) also saw a rise against the dollar with 4.5 percent. The current trading value of NEO is 8.34 U.S. Dollars or 0.00228174 BTC.
  • VeChain (VET) saw a downturn against the dollar with 1.5 percent. The current trading value of VET is 0.0041 U.S. Dollar or 0.00000112 BTC.
  • Basic Attention Token (BAT) saw a rise against the dollar with 7.8 percent. The current trading value of BAT is 0.14 U.S. Dollar or 0.00003791 BTC.
  • TrueUSD (TUSD) also saw a rise against the dollar with 0.2 percent. The current trading value of TUSD is 1.02 U.S. Dollar or 0.00027783 BTC.
Where can Loopring be purchased?

You can buy Loopring at the following crypto exchanges-

  • DragonEX,
  • Bithumb,
  • Bitbns,
  • IDAX,
  • AirSwap,
  • YoBit,
  • Upbit,
  • CoinExchange,
  • Gate.io,
  • OTCBTC,
  • Tokenomy,
  • Ethfinex,
  • Binance,
  • HitBTC,
  • Bittrex,
  • OKEx and
  • IDEX
Want to buy Loopring?

Buying Loopring directly using US fiat currency is not possible. The way into the altcoin buying is via Bitcoin purchasing. The investors and traders are recommended to first purchase either Bitcoin BTC or Ethereum ETH with the help of a crypto exchange that deals in U.S Dollars. For instance exchanges such as Coinbase, Changelly or Gemini can be used. Only after this step, can the investors buy Loopring through Bitcoin to Ethereum.

Background about Loopring-

Loopring

The crypto was first traded in 2017 on 6th August. Its total supply is 1,374,955,752 tokens. The number of tokens that are circulating in the market is 788,984,491 tokens. It has its official account on Twitter, and the official website is loopring.org. The company’s official message board is medium.com/@loopring.

What’s more from Loopring?

Yesterday as per the announcement on Twitter, Loopring was made officially available on Zilla wallet. The twitter post read as-

“We are pleased to announce that @loopringorg is now on #ZILLA Wallet! Loopring is a protocol for building decentralized exchanges. Find out how to add $LRC to your wallet on our app: http://bit.ly/2TUsZWQ.”

In another post on Medium, Loopring announced its partnership with Sydney based blockchain community- ‘bitfwd.’ The collaboration is done in order to host workshops, create open source tools and to make the decentralized solution more and more advanced. The Co-founder of bitfwd- Daniel Bar said-

“Australia has managed to create a very favorable environment for companies operating within the blockchain and broader fintech ecosystem. Loopring recently visited Australia and has developed strong relations with Bitfwd and some top Australian universities. We look forward to expanding our operations to Australia with the Loopring team.”

Trevor Holman

Trevor Holman follows crypto industry since 2011. He joined CryptoNewsZ as a news writer and he provides technical analysis pieces and current market data. He is also an avid trader. In his free time, he loves to explore unexplored places.
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