Loopring (LRC) is a crypto-currency and Layer 2 solution for Ethereum, designed to facilitate decentralized exchanges.
It uses zkRollups technology to offer fast, low-cost transactions while maintaining a high level of security.
Loopring enables users to trade directly from their wallets without going through a centralized platform, thus improving the liquidity and efficiency of decentralized markets. Buy LRC tokens securely with Coinhouse.
Price Loopring (LRC)
€ 0,10
+2.5 %
Information on the price
Price variation (24h)
+2.5 %All-time high
€ 3,29
Trading volume (24h)
€ 5 071 170
Price variation (7d)
+4.6 %All-time low
€ 0,02
Diluted valuation
€ 138 741 035
Price variation (30d)
-21.7 %Circulating supply
1 245 991 468,94 LRC
Total supply
1 373 873 397,44 LRC
Price variation (200d)
-11.3 %Market capitalization
€ 125 826 839
Max supply
1374513896 LRC
Trading opportunity
Suggested entry price
Suggested entry price LRC
Recommendation
Recommendation LRC
What is Loopring ?
Loopring
History
Loopring (LRC) is an open-source protocol built on Ethereum designed to create high-performance DEXs with zkSNARKs rollup technology.
Launched in 2017, Loopring introduced its LRC token via an ICO.
The protocol evolved with advanced technologies such as zkSNARKs rollups, helping it gain notoriety in the DeFi space.
In 2020, it saw notable growth, and in 2021, Loopring announced a collaboration with GameStop to develop an NFT marketplace.
In 2022, a major update was introduced, and in 2023, ERC-4337 on Ethereum brought significant improvements for rollup technologies, beneficial for Loopring. DeFiBuyLRC securely with Coinhouse.
Who are the founders of Loopring
Loopring was founded by Daniel Wang, an entrepreneur and developer specializing in blockchain and information technology.
He has experience at Google and JD.com.
Who are the investors of Loopring
Loopring has attracted the attention of renowned investors such as Fenbushi Capital, Sequoia Capital and Zhongtopia.
Why invest in Loopring
Investing in Loopring is attractive because of its innovation in DEX, its use of cutting-edge technologies such as zkSNARKs rollups, and its growing involvement in recent news related toEthereum development, notably with ERC-4337, which promises to further improve the protocol’s performance and efficiency.
€ 0,10
LRC
What is Loopring (LRC)?
Loopring is an Ethereum-based open-source protocol used to build decentralized exchanges (DEX).
It uses zkSNARKs rollup technology for fast, secure and low-cost transactions.
Who founded Loopring and when?
Loopring was founded by Daniel Wang in 2017, with the aim of solving speed and cost issues in decentralized exchanges (DEX).
How important is ERC-4337 for Loopring in 2023?
The introduction of ERC-4337 on Ethereum in 2023 marked a step forward for rollups, improving the performance and efficiency of zkSNARKs rollups, essential to Loopring.
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