#202 rank
Loopring

Loopring lrc

Loopring Price in USD

$0.117

-4.40%

0 ETH

0 BTC

Price Change

MIN

MAX

Loopring Price Statistics

Current Price

$0.117

Fully Diluted MarketCap

$507,000,885

Total Volume

29,123,547

Total Supply

1,373,873,397.442

Circulating Supply

1,245,991,468.942

What is Loopring (LRC)?

Loopring (LRC) is an open-sourced, non-custodial exchange-and-payment protocol on Ethereum. Loopring claims its platform will allow exchanges built on top of it to sidestep the slow speeds and high costs associated with decentralized exchanges on Ethereum through the use of a newer type of cryptography called zero-knowledge rollups, or zkRollups

What is Loopring (LRC)?

The founder and current CEO of Loopring Foundation, which manages the development of Loopring protocol, is Daniel Wang, a software engineer and entrepreneur based in Shanghai, China. Wang has also co-founded several companies: Yunrang (Beijing) Information Technology Ltd. and the cryptocurrency services firm Coinport Technology Ltd

Top Value Drivers For Loopring

The main reasons to invest in Loopring include: - With zkRollups, Loopring asserts its exchanges can offer faster settlements for traders. - The main idea behind Loopring is to combine elements of centralized and decentralized cryptocurrency exchanges to create a protocol that will enjoy their unique advantages and eliminate inefficiencies

FAQs

The current price of Loopring is USD 0.117.

The total supply of Loopring is 1,373,873,397.442 and circulating supply of Loopring is 1,245,991,468.942

The trading volume of Loopring is 29,123,547 in the last 24 hours.