Loopring (LRC) explained in 6 points

Loopring is the cryptocurrency of an Ethereum-based protocol. Its ticker is LRC.

1. When and by whom was it founded?

Founded by Daniel Wang, Loopring is the protocol developed under the umbrella of the Loopring Foundation. The tokenwent public in 2017 with ICO and it started to be traded in December 2019 via the Ethereum network.

2. Infrastructure of LRC

Ethereum-based protocol Loopring was created to increase the liquidity of DEX, a decentralized cryptocurrency market.

3. What does it promise to the users?

Loopring promises to collect the best features of centralized and decentralized cryptocurrency platforms under a single roof. It aims to yield high outcome in this way.

4. Is LRC mined?

LRC is not a type of cryptocurrency that is mined.

5. The lowest and highest price with the total supply

While the highest value of the LRC token observed was $2.59 on January 9, 2018, the lowest value was $ 0.01986 on December 18, 2019. With a total supply of 1,373,873,440 LRC on the market, the circulating supply of the cryptocurrency is 1,222,767,707 LRC.

6. How to make LRC transactions on Paribu?

You can make your LRC transactions right away via the link.

Bu içerik en son 26 October 2022 tarihinde güncellenmiştir.


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