Loopring (LRC) plunges -17.97% on December 6-7

December 7, 2017 - By Hazel Jackson

Loopring (LRC) had a bad 24 hours as the crypto declined $-0.05 or -17.97% trading at $0.24. According to Global Crypto Analysts, Loopring (LRC) eyes $0.27 target on the road to $0.55. LRC last traded at Binance exchange. It had high of $0.34 and low of $0.23 for December 6-7. The open was $0.29. About 2 LRC worth $1 traded hands.

Loopring (LRC) is up 55.94% in the last 30 days from $0.16 per coin. Its up 0.00% in the last 100 days since when traded at $0.00 (non existent) and the annual trend is up. 200 days ago LRC traded at $0.00 (non existent). LRC has 1.40 billion coins mined giving it $337.41 million market cap. Loopring maximum coins available are 1.40B. LRC uses N/A algorithm and N/A proof type. It was started on 06/08/2017.

Loopring is an open multilateral token exchange protocol for decentralized exchange on the Ethereum blockchain. Loopring is intended to serve as a common building block with open standards driving interoperability among decentralized applications (DAPPs) that incorporate exchange functionality. Trades are executed by a system of Ethereum smart contracts that are publicly accessible free to use and that any dApp can hook into. Loopring s token is based on the ERC20 Ethereum Token Standard and can be liquidated through a Loopring smart contract.

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