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Loopring Price (LRC)

Loopring Price (LRC)

Currency:
LRC to USD:
1 Loopring equals $ 0.197949 USD-5.02%1D
Page last updated: 2024-12-22 00:49 (UTC+0)
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Note: This information is for reference only.

Price of LRC today

The live price of Loopring is $ 0.197949 per (LRC / USD) with a current market cap of $ 270.56M USD. 24-hour trading volume is $ 25.09M USD. LRC to USD price is updated in real-time. Loopring is -5.02% in the last 24 hours with a circulating supply of 1.37B.
LRC Price History USD
Date ComparisonAmount Change% Change
Today$ -0.010465-5.02%
30 Days$ 0.01962+11.00%
60 Days$ 0.068175+52.53%
90 Days$ 0.07486+60.82%

LRC Market Information

24h Low & High
Low: $ 0.194183
High: $ 0.222663
The highest and lowest price paid for this asset in 24 hours.
All Time High
$ 3.827155
The highest price paid for this asset since it was launched or listed.
Price Change (1h)
+1.13%
The percentage change in price for this asset compared to 1 hour ago.
Price Change (24h)
-5.02%
The percentage change in price for this asset compared to 24 hours ago.
Price Change (7d)
-22.51%
The percentage change in price for this asset compared to 7 days ago.

LRC Market Information

Popularity
#252
Popularity is based on the relative market cap of assets.
Market Cap
$ 270.56M
Market cap is calculated by multiplying the asset's circulating supply with its current price.
Volume (24hours)
$ 25.09M
The total dollar value of all transactions for this asset over the past 24 hours.
Circulation Supply
1.37B
The number of coins circulating in the market and available to the public for trading, similar to publicly traded shares on the stock market.
Total Maximum Supply
--
The total number of coins that will ever be created for the cryptocurrency, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.
Fully Diluted Market Cap
$ 271.96M
The total number of coins that will ever be created for the cryptocurrency, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.
Issue Date
2017-08-31

What Can You Do With Loopring (LRC)?

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About Loopring (LRC)

Loopring is a Layer 2 scaling software that runs on the Ethereum network, designed to facilitate the creation of large-scale decentralized exchanges (DEXs). Loopring aims to provide DEXs with the scalability necessary to operate on the same scale as centralized exchanges (CEXs).

The Loopring ecosystem bundles together and processes trade transactions off-chain through a process called zero-knowledge roll-ups, or ZK-Rollups, minimizing the number of transactions that must be committed to the Ethereum blockchain. 

Loopring is an open-source project with a unique order-matching design that aims to accelerate DEX trades. Rather than matching traders with a counter-party through an order book, Loopring matches multiple parties within an order ‘ring’ of up to 16 orders. The current price of Loopring (LRC) is updated and available in real-time on Binance.

People Also Ask: Other Questions About Loopring

  1. What is Loopring’s LRC Used For?

    Loopring's LRC is a utility token designed to serve multiple purposes within the Loopring ecosystem. As stated on their official website, LRC is primarily used for staking, which secures the network and enables token holders to earn a share of protocol fees. Additionally, it is employed for governance, allowing the community to participate in decision-making processes and shape the platform's future.

  2. How Do Network Consensus and Validation Work on Loopring?

    Loopring employs Zero-Knowledge Proofs (ZKPs), specifically zkRollup, as part of its core technology. ZKPs allow Loopring to maintain both high security and scalability by bundling multiple transactions into a single proof, which is then verified on the Ethereum network. This approach significantly reduces the gas fees and allows for increased throughput, while still preserving the trustless nature of the blockchain.

  3. Who is the Loopring Founder?

    The Loopring protocol was founded in 2017 by Daniel Wang, an experienced software engineer and entrepreneur in the blockchain industry. Before creating Loopring, Wang held various positions in software development and technology leadership, including working at Google and JD.com.

  4. What is the Maximum Token Supply of LRC?

    The circulating supply of LRC tokens at the time of writing is 1,331,430,935. The maximum token supply of LRC is 1,374,513,896.  

  5. What Makes Loopring Different from Others?

    Loopring is a layer 2 solution designed specifically to facilitate the development and deployment of DEXs. As such, it incorporates a number of unique design elements that include order rings and LCR tokenomics designed to promote efficient and positive behavior from ecosystem participants. 

  6. How to Buy LRC?

    LRC can be purchased directly from Binance using a debit or credit card. It can also be traded for other cryptocurrencies on the Binance exchange. Live LRC price is updated in real-time on Binance. For additional instructions and information, users can read our How to Buy Loopring (LRC) Guide.

LRC to Local Currency

FiatPriceOperation
1 LRC to USD$ 0.197949
1 LRC to TRY$ 0.197949
1 LRC to RUB$ 0.197949
1 LRC to EUR$ 0.197949
1 LRC to AED$ 0.197949
1 LRC to AUD$ 0.197949
1 LRC to BRL$ 0.197949
1 LRC to VND$ 0.197949
Last updated 2024/12/22 12:49 (UTC)

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