Loopring (LRC) is a cryptocurrency that powers the Loopring protocol, a decentralized exchange (DEX) and payment network. Founded in 2017 by Daniel Wang, it aims to provide fast, secure, and low-cost trading.$LRC

Key Features:

- Decentralized exchange (DEX) protocol

- Supports multiple cryptocurrencies

- Off-chain matching engine

- On-chain settlement

- Zero-knowledge proofs (ZKP) for enhanced security

Token Details:

- Symbol: LRC

- Blockchain: Ethereum (ERC-20)

- Market Cap: $443 million

- Circulating Supply: 1.33 billion LRC

- Total Supply: 1.37 billion LRC

Current Status:

- Price: around $0.33

- 24-hour Trading Volume: $44 million

- Market Capitalization: around $443 million

Use Cases:

- Decentralized trading

- Payment processing

- Liquidity provision

- Market making

- Yield farming

Loopring's Advantages:

- High-performance trading

- Low fees

- Enhanced security

- Scalability

- Community-driven governance

Partnerships:

- Ethereum

- Binance

- Huobi

- Chainlink

- CoinMarketCap

Notable Developments:

- Loopring 3.0: Introduced zkRollup technology for enhanced scalability

- Loopring DEX: Decentralized exchange with off-chain matching and on-chain settlement

- Loopring Pay: Payment protocol for e-commerce and DeFi applications

Would you like more information on Loopring's technology or potential use cases?