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| Loopring 
| #LRC
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LRC Price: | $0.29 | | Volume: | $6.8 M | All Time High: | $3.80 | | Market Cap: | $0.4 B |
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Circulating Supply: | 1,338,838,116 |
| Exchanges: | 37
| Total Supply: | 1,373,873,397 |
| Markets: | 68
| Max Supply: | — |
| Pairs: | 70
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The price of #LRC today is $0.29 USD.
The lowest LRC price for this period was $0, the highest was $0.292, and the current live price for one LRC coin is $0.29158.
The all-time high LRC coin price was $3.80.
Use our custom price calculator to see the hypothetical price of LRC with market cap of BTC or other crypto coins. |
The code for Loopring is #LRC.
Loopring is 5.7 years old. |
The current market capitalization for Loopring is $390,379,009.
Loopring is ranked #93 out of all coins, by market cap (and other factors). |
The trading volume is big today for #LRC.
Today's 24-hour trading volume across all exchanges for Loopring is $6,763,982. |
The circulating supply of LRC is 1,338,838,116 coins, which is 97% of the total coin supply. |
LRC is well integrated with many pairings with other cryptocurrencies and is listed on at least 37 crypto exchanges.
View #LRC trading pairs and crypto exchanges that currently support #LRC purchase. |
Note that there are multiple coins that share the code #LRC, and you can view them on our LRC disambiguation page. |
 Loopring Quarterly Update (Q1/2023) This is our first edition of four for our 2023 Loopring Quarterly Updates. You can catch up on the previous quarter here; you can also receive these updates in your inbox every quarter by subscribing here. The end of Q1 saw an exciting close to a period of heavy product development at Loopring with the launch of some long-awaited feature roll outs. These rollouts were highlighted by significant improvements to the Loopring Smart Wallet as well as the much-anticipated release of LRC Staking on Layer 2 as a standout feature. We also introduced Multi-wallet + Multi-network support to the wallet, which means that users can now enjoy a broader range of features on one device, bringing us closer to our goal of making Loopring the ultimate super app for all things crypto. It didn’t stop there though — read on for many more highlights as well as a look into the upcoming roadmap for the Loopring ecosystem. 👇👇 — Milestones in Q1/2023 🔥 - Over $5.8billion in total trading volume has been achieved, Almost 200K total L2 accounts now created, Averaging over $1M a day in volume on our new Dual Investment, Total Loopring L2 accounts activated to-date — Summary of Q1 - — 1. LRC Staking is now LIVE - The moment everyone has been waiting for is here — LRC staking directly on L2! With LRC staking, Loopring offers users an innovative way to engage with and profit from the growth of the ecosystem. I... 
|  Multi-Wallet Support is Live! The days of restricting yourself to a single wallet within your Loopring app are over. Thanks to the new multi-wallet support, you can now create and manage multiple wallet addresses right from within Loopring’s mobile smart wallet app. This new functionality offers a range of benefits for users, including the ability to easily cycle through multiple addresses and identities, each one safeguarded by its own guardians set and smart contract. One of the key advantages of having multi-wallet support is the ability to separate account activities. With this feature, users can keep their gaming, DeFi, and business activities completely separate, making it easier to track transactions and manage finances. Additionally, maintaining digital pseudonymity is now easier than ever. Users can keep their known and pseudonymized wallets separate, ensuring their digital property, transactional history, and voting remains anonymous if desired. — Create a new Wallet. — Creating a new wallet address is a simple process. Simply tap on the ‘Wallet Settings’ icon. From there, you can create a new wallet and customize its security parameters as to your liking. In an upcoming release, you will have the option to personalize your wallet with a unique name and avatar. Follow this guide for a tutorial on multi-wallet creation. — Recover or Import an Existing Wallet. — If you lose your wallet or have your Loopring Wallet... 
|  LRC Staking is Live! We are excited to announce that LRC Staking is now available on Loopring. As a highly requested feature within our Layer-2 community, staking allows users to earn rewards by locking up their LRC tokens. In December 2022, our community passed a vote via Snapshot, with an overwhelming 98% in favor of introducing staking for protocol fee rewards. As a result, 45% of protocol fees will now be allocated for anyone to stake and earn rewards. We believe this will incentivize more users to participate in the Loopring ecosystem and strengthen our community’s growth. — How to stake. — Staking is now available via our web app or via our iOS and Android mobile app, Loopring Wallet. Simply enter the amount of LRC to stake and start reaping the rewards. The LRC staking mechanism offers users the flexibility to stake or unstake their tokens at any time. However, to be eligible for staking rewards, users must lock their LRC tokens for a period of 90 days. Once the 90-day lockup period has ended, stakers can claim their rewards at any time. If a staker decides to unstake their LRC tokens before the 90-day lockup period has concluded, they will not receive any accumulated rewards. Instead, the unclaimed rewards will be added back into the distribution pool for the following day. Staking rewards are calculated on a daily basis, based on the previous day’s protocol fee amount, and are distributed pro rata among stakers accordi... 
|  Taiko Testnet is now Live on Loopring Smart Wallet We are excited to announce that we are rolling out Multi-network support within Loopring Smart Wallet — starting with Taiko’s brand new alpha 2 testnet! Interact with the Taiko testnet from the comfort of your mobile phone — complete tasks + get rewarded with participation NFTs. With the recent announcement from Taiko about their new testnet, Askja, we wanted to make it as simple as possible for any users around the world to interact with this testnet, complete tasks, and earn NFT rewards. — Want to start using the Taiko testnet today? — All you have to do is:. — download the Loopring Smart Wallet from your mobile App Store, create a Taiko testnet wallet, complete the tasks in the checklist, get rewarded!, — Introducing Taiko Testnet task checklists - Simply follow the task checklist to ensure you will be rewarded with participation NFTs in the Taiko testnet. The above tasks are available to complete today on the Taiko test network, but more will be added in the coming weeks! — NFT participation rewards - We will be distributing participation NFTs to users of the Taiko testnet who are completing tasks within the Loopring Smart Wallet. Users who complete all tasks will be rewarded with a participation NFT after the testnet is deprecated. We will announce more details on the participation NFTs at the end of the testnet. Follow along in the app and on our socials for updates, a... 
|  Introducing Loopring Wearables Back in April 2022, we announced a new line of Loopring branded wearables that our community could take into the metaverse. In order to win the first of these wearables, a t-shirt, you needed to either have the highest trading volume or win the Lucky Draw. The 1,000 winners of the competition have been patiently waiting — we’re now ready to provide an update. Since the announcement, we have taken a step back to think about not only what we want the wearable to represent but also about what our community deserves. Rather than distributing an NFT that only works with Decentraland, we wanted to provide a high-quality wearable along with a mechanism to access its files to take it anywhere and everywhere. That process led to partnering with Protocol:Gemini / Cyber Crew and an amazing creator, Lukas Hahn (loopexchange.art). — The Jacket - During the concept and design process, we decided to pivot from the t-shirt concept and shift to a jacket. Additionally, we wanted to make three versions: — LH Edition Cyberrunner SE L2–01. — 1,000 editions, Signature Edition — reserved for the original wearable winners, — LH Edition Cyberrunner L2–02. — 2,000 editions, reward mechanics to be announced at a later date, — LH Edition Cyberrunner L2–03. — 5,000 editions, reward mechanics to be announced at a later date, The Signature Edition jackets should now be in the winners... 
|  Loophead Drop #5: Earn + Win We have 250 Loopheads up for grabs in this 2-week long Loophead challenge. The contest starts on February 22nd 0:00:00(UTC) and finishes on March 8th 23:59:59(UTC). Drop #5 is for the Earners! Users who use any of the new Dual Investment products on L2 have the chance to get their hands on one of the 250 Loopheads NFTs that will be randomly airdropped to winning wallets at the end of the contest period. — Qualifying Earn Products🏆. — ★ all Dual Investment options — How to Win your Loophead NFT - There is only one way to win, via Lucky Draw, which will be ticketed (by investment volume) during the qualifying period. — Ticketed Lucky Draw - All participants will be able to try their luck in this competition with the Lucky Draw, as 250 addresses will be selected at random to win at the end of the qualifying period. — Rules. — This lucky draw will work on a ticketing system, where one ticket receives one entry into the lucky draw. Tickets are rewarded to the Top “Earners” by invested volume in any of the Dual Investment products on Loopring L2 — the tickets will be rewarded as follows: ✅ Top 1–250 Earners (by invested volume) receive 10 tickets * ✅ Top 251–500 Earners (by invested volume) receive 8 tickets * ✅ Top 501–750 Earners (by invested volume) receive 6 tickets * ✅ Top 751–1000 Earners (by invested volume) receive 3 tickets * ✅ Top 1001+ Earners (b... 
|  Community Ambassadors + Builders Initiative: Winners + Update In December 2022 we announced this new initiative, with the intention of recognizing and rewarding those who contribute to the growth of the Loopring L2 ecosystem! Today we want to expand upon this by making this new initiative an entry point and path to potentially acquiring a part time or full time position on the Loopring team or within the Loopring ecosystem. One of the most appealing incentives for most people in the crypto space is the chance to potentially work in Web3 at their favorite crypto project. Today we want to provide a clear path for skilled people from the community to prove their stuff and potentially work up to a full time position with Loopring or within the Loopring ecosystem. Here’s the path👇 Many of Loopring’s current team members have taken a similar path, starting out being active in the community, getting noticed and eventually joining the Loopring team. You could say that at Loopring, we actually prefer people showing us what they can do and proving themselves within the community rather than showing us a resume. All you have to do if you want to get started today is to start utilizing your skills by getting involved in the community, whether by building, promoting, creating, etc. Here is the current defined criteria for each role👇 — How to become a L2 Looper - We will look to give out this role to Loopring community members if they are regularly promoting Loopring L2 amongst va... 
|  Loopring and Protocol: Gemini Partner to Build the Future of Gaming We’re thrilled to announce our partnership with Protocol: Gemini to bring their immersive Web3 games to Ethereum L2. Loopring is a secure compression machine that hyper-scales Ethereum applications reducing costs per transaction to as little as 1/100th of Layer 1. Loopring’s zkRollup and novel counterfactual NFTs, allow for gas-free NFT minting and trading while preserving Ethereum-level security, making it a perfect fit for gaming. This has attracted exciting projects like Protocol: Gemini to Loopring. Protocol: Gemini is a cutting-edge development studio that blends blockchain, augmented reality, and metaverses to create engaging experiences. They are committed to advancing Web 3.0 principles, values, and methods by constructing interoperable metaverses. Their mission is to enable users to build infrastructure, community, and experiences without limitations by linking decentralized, cryptographically secure cyberspaces to the real-time environment. Protocol: Gemini is creating a collection of in-house developed games, some of which utilize their Metagate technology. Threaded into the fabric of each game is the desire to create experiences that promote critical thinking and elicit wonder. All of these upcoming projects will be built on Loopring, and Protocol: Gemini can’t wait to show you more when the time comes! One of the games they are building, in collaboration with PuzzleGang, is ATTLG 2.0, the sequel to t... 
|  Loopring Wallet Upgrade Giveaway To celebrate the new year, we are offering qualified Loopers the chance to activate their Loopring Wallet Ethereum L1 accounts for free. Users that meet the following criteria can take advantage of this opportunity and deploy their smart wallet on Ethereum to experience all of its security features at no cost. 1. Your Loopring Wallet L1 account is not yet activated, and your L2 account was activated before January 10, 2023 00:00 UTC+8. 2. Your L2 account has at least $2000 worth of tokens when attempting to activate the L1 account. 3. Your Loopring Wallet app is up-to-date (Android version >= 2.5.2.218,iOS version >= 2.1.6). We will be running this promotion on a first come, first serve basis, with up to 1000 free deployments available. The event starts January 12, 2023 00:00 UTC+8 and ends January 25, 2023 23:59 UTC+8. If you are one of the first 1000 qualified users to activate your L1 account, the activation fee will be displayed as $0. For those who are not familiar with Loopring’s L1 smart wallet, it’s an Ethereum wallet that is managed by a smart contract. By using a smart contract, the wallet allows the user to enjoy advanced features and security such as Social Recovery, lock protection, daily limits, and more eliminating the single point of failure common in a normal wallet. Social recovery: You don’t have to write down the seed phrase and private keys. Even if you have lost the wallet, your Guard... 
|  Loopring Quarterly Update (Q4/2022) This is the fourth and final edition of our 2022 Loopring Quarterly Updates. You can catch up on the previous quarter here; you can also receive these updates in your inbox every quarter by subscribing here. While the overall crypto market has been going through a deep bear trend filled with plenty of drama, we’ve remained optimistic and steadfast on our goal: to build a platform that enables the world to become their own bank. Despite the bear market, we’ve seen an explosion of NFT activity on L2. The emergence of counterfactual NFTs, improved developer experience, and additional marketplaces, has set the stage for a promising future for web3 on Loopring. This strong foundation is also well-suited for the development of gaming and financial applications. We are very excited by some of these possibilities and are actively looking at expanding on them over 2023. This past fourth quarter was highlighted by even more Loopring L2 account growth, further expansion of our new DeFi Port framework and the announcement of LRC Staking officially coming to users on Layer 2. Here are a few notable accomplishments in Q4: — Major Milestones in Q4/2022 🔥 - Over $5.6billion in total trading volume, Almost 200K L2 accounts now created, 43K+ total Smart Wallets deployed, Total Loopring L2 accounts activated — Summary of Q4 - — 1. L2 DeFi Port expansion - Loopring took a huge step forward in 2022 with the launc... 
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 | LoopRing Price Lags Despite Relief, Is LRC Double-Digit Gain Feasible?
The price of LoopRing (LRC) has shown no sign of relief bounce against Tether as it continues to range in its low region. Despite relief bounces shown by other cryptocurrencies across the market, some producing double-digit gains, LoopRing price continued to look dormant. (Data from Binance)
LoopRing Price Analysis On The Weekly Chart
Weekly LRC Price Chart | Source: LRCUSDT On Tradingview.com
From the chart, the price of LRC saw its weekly bottom at $0.35; the price of LRC bounced from that region to a price of $0.4 on the weekly chart as the price is unable to show much strength to trend higher.
LRC weekly candle closed with the bearish sentiment, with the new week's candle looking indecisive.
The price has continued to show little or no traction; If the price of LRC on the weekly chart maintains this structure, it could retest its low of $0.35 as this is a key support region on the weekly chart.
For the price of LRC to trend higher, it needs to break the resistance at $0.5 with a good volume to have a go at higher prices and double gains.
Weekly resistance for the price of LRC - $0.5.
Weekly support for the price of LRC - $0.35.
Price Analysis Of LRC On The Daily (1D) Chart
Daily LRC Price Chart | Source: LRCUSDT On Tradingview.com
The price of LRC has found itself ranging in a channel trying to break out from what looks like a cage preventing the price from trending higher.
LRC has found its price between $0.35 acting as support and $0.5 acting as the resista...

|  | Loopring Wobbles In Last 2 Months – Can LRC Stay In The Loop?
The Loopring (LRC) price has entered a symmetrical triangle pattern on the daily chart in the face of continuous bearish pressure.
This indicates that the bulls are retreating, so LRC must attract buyers to achieve a successful breakout.
However, a bearish breakthrough is anticipated, and the token price may fall below the important support at $0.30. Loopring is trading at $0.37 as of this writing, a decrease of 4% over the last seven days, according to statistics provided by Coingecko on Wednesday.
The whole crypto market began the year on a positive note. However, by the end of January, it had already begun to indicate that 2022 would be quite bumpy.
Image - FX Empire
Suggested Reading | Ethereum (ETH) Continues To Lose Luster, Drops Below $1,100 Support
Loopring Dragged Down By Gloomy Market
Today, the entire crypto market is aggressively negative, having seen a mini-crash in both the months of May and June.
The present strong aggressive bearish trend of the sector has also affected other cryptocurrencies, such as Loopring, which is down 80% year-to-date. The coin's trading volume is 69 million, while its market capitalization is 488 million.
Loopring has fluctuated in a descending triangle pattern during the course of the past two months. In addition, LRC has retested the falling trendline, which could ignite another bear cycle inside this pattern.
Loopring was one of the few projects in June that had begun to exhibit indications of recovery. The first five day...

|  | Biggest Movers: XMR Hits 2-Week High, LRC Climbs for Fifth Straight Day
Following a bearish start to the day, XMR climbed to a two-week high during today's trading session. Gains in monero come as LRC also saw its price move higher, rising for a fifth consecutive day, as it approaches a multi-week high of its own.
Monero (XMR)
Monero extended a recent bullish streak during today's session, with prices rising to a two-week high as a result of strong gains.
XMR/USD hit an intraday peak of $204.69 earlier in the day, which is over $10 higher than yesterday's low.
Today's rally comes as prices have now risen for six out of seven sessions, with today's the highest XMR has hit since May 9.
On May 12, prices declined to a bottom of $112.98, which was a fifteen-month low, however since then, we have seen significant rebounds.
This resurgence in price is encapsulated by the ascending triangle currently shown on the chart, however prices now look to have landed at a resistance level.
Resistance at $205 has so far held firm, with the RSI tracking at its own ceiling of 55.
Should we see a breakout from this ceiling of 55, then bulls will likely target take profits at $230.
Loopring (LRC)
LRC made a run for its long-term resistance level on Wednesday, as prices rose for a fifth day on the bounce.
Today's run saw LRC/USD rise to an intraday high of $0.60, which is over 10% higher than yesterday's low of $0.5207.
As a result of Wednesday's surge, LRC is now marginally below its long-term resistance level at $0.6210.
To start the week, loopring broke past th...

|  | Biggest Movers: ETC up 80% in the Last Week, as Loopring Gains 42% on We...
Loopring was trading by over 42% on Wednesday, overtaking QNT as the world's 65th largest crypto in the process. This came as ethereum classic was trading 10.30% higher on the day, taking its one week gain to over 80%.Loopring (LRC)
On Wednesday, loopring (LRC) rose to its highest level in three months, a move which saw it cement itself as the world's 65th largest cryptocurrency.
Following a low of $0.8075 on Tuesday, LRC/USD rallied to an intraday high above $1.21 during hump-day.
Today's move came as LRC has consolidated for the last few months, moving between support of $0.6222 and resistance of $0.8889.
However, prices finally broke out of this range today, coming after bulls piled on the pressure, once the floor in the 14-day RSI of 51.16 failed to break.
Looking at the chart, price strength then rose to a high above 71, which is the most overbought it has been since November.
Despite this, history has shown that the RSI can go to as high as 91, so although it is now relatively overbought, there could still be further gains in loopring (LRC).
Ethereum Classic (ETC)
Ethereum classic (ETC) was over 10% higher earlier in the session on Wednesday, as prices continued to hover close to a five-month high.
ETC/USD rose to an intraday peak of $54.07 during Wednesday's session, which was marginally below yesterday's high of $54.37.
That was the most ETC has traded since November last year, as markets were falling from a then-high of $65 in that month.
During the past ten days...

|  | Technical Analysis: Quant Climbs 20%, as Loopring Selloff Extends
After earlier spells of consolidation, the tide turned on cryptocurrencies this afternoon, with markets finding themselves in a red wave. Quant managed to evade the wave, climbing by as much as 20% during the session.
Biggest gainers
Following yesterday's strong gains, the global cryptocurrency marketplace was trading over 6% lower on Wednesday, however, there were some notable exceptions.
Quant was one of these exceptions and was easily one of the biggest movers in the crypto top 100 during today's session.
QNT/USD hit an intraday high of $119.91 on Wednesday, after trading at a low of $97.60 the day prior.
Today's rally sees QNT extend its gains for the third consecutive day, and now is on the brink of breaking into the 0.236 Fibonacci zone.
This run began after QNT/USD rose from its support of $89 on Monday, after falling to its lowest level in over 1-year towards the end of last month.
There is a visible RSI resistance currently in place, some still remain confident that we may be set for a break.
Biggest losers
Loopring extended Tuesday's losses today, falling to a low of $0.8932, which saw its price decline by nearly 7% as of writing.
Despite this, there was another bear that stood out on Wednesday, that of course being arweave (AR).
AR/USD was down 8.3% as of writing, hitting a session low of $37.04 in the process, which came after resistance of $42.20 was held.
This selloff coincided with the 14-day RSI failing to break out of its recent ceiling of 50, which app...

|  | Technical Analysis: Solana Surges 15%, as Loopring Price Declines
Solana was trading close to 15% higher on Tuesday, as crypto markets were mostly in the green to start February. This comes as markets look set to move past January's red wave.
Biggest gainers
Cryptocurrency markets were mostly bullish during Tuesday's session, with several projects seeing their value rise to start the new month.
One of these was solana (SOL), which, as of writing is up 14.04%, hitting an intraday high of $108.32 in the process.
This move comes as SOL/USD broke out of its resistance level of $100 for the first time since January 22nd.
SOL/USD has mainly been consolidating in recent weeks, however, it picked up momentum yesterday after it rose from its floor of $90.49.
As a result of this run, the 14-day RSI rose above resistance of 42 for the first time since January 4th, with price strength now tracking at 44.07.
Should price strength continue to surge, SOL bulls may target the higher resistance of $120.
Biggest losers
Uniswap, flow and helium were some of the only notable crypto bears on Tuesday, however, none of these saw the biggest decline in price.
That honor went to loopring (LRC), which is currently trading 6.11% lower, hitting an intraday low of $0.9651 as a result of today's short sellers.
Looking at the chart below, today's decline has resulted in LRC/USD moving closer to its recent support of $0.8854, after trading at resistance of $1.04 only yesterday.
This selloff coincided with the 14-day RSI failing to break out of its recent ceiling, w...

|  | Ethereum Fees Drop 53% in 20 Days — Polygon Hermez, Loopring Offer...
Ethereum's average network fees have dropped to the lowest value in 30 days at 0.0096 ether or $24.64 per transaction. Median-sized ethereum fees are lower today as well, as fees are between $8.37 to $10.82 per transaction as ether fees haven't been this low since January 1.
Onchain Ethereum Fees Drop, Current Bitcoin Fees 91% Cheaper Than Ethereum Fees
It's cheaper today to send ethereum (ETH), as network fees are 0.0096 ETH or $24.64 on average to send the second leading crypto asset. On January 30, 2022, ethereum has a 24-hour price range of around $2,575 to $2,647 per unit.
Average-sized ETH fees haven't been this low since January 1, 2022, when the average-sized fee (ASF) was $25.75 per transfer. Ethereum fees reached a high on January 10, at $52.46 per transaction and the current ASF today is 53.03% lower than the high.
Median-sized fees (MSF) on Ethereum are also lower today, as the MSF on ETH on January 10, is $29.92 per transfer. Statistics show MSF on Ethereum today are between $8.37 to $10.82 per transfer which is 63.83% lower than the MSF on Ethereum on January 10.
Ll2fees.info metrics show the MSF on Ethereum today is $8.37 to send ethereum, $19.14 to send tokens, and to swap tokens it costs $41.87. Polygon Hermez is the cheapest Layer two (L2) transfer fee today with $0.25 per transfer.
Loopring fees are $0.29, Zksync fees are $0.37 per transfer, Optimistic costs $1.75, Arbitrum transfers are $1.91, and Boba Network L2 fees cost $2.24 per transfer. To swa...

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