LRC to PHP Price Today
LRC to PHP
LRC1
LRC
=
PHP
| 1h | 24h | 7d | 30d | 60d | 90d |
|---|---|---|---|---|---|
| 0.03% | -1.88% | 0.63% | 2.41% | -2.96% | -3.43% |
Compare Loopring with other crypto
| 1h | 24h | 7d | 30d | 60d | 90d |
|---|---|---|---|---|---|
| 0.03% | -1.88% | 0.63% | 2.41% | -2.96% | -3.43% |
LRC to PHP
LRC1
LRC
=
PHP
Loopring Risk Analysis
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Has the price increased over the past year?
Price has decreased by -62.44% in the last 1 year.
Is it trading above the 200-day simple moving average(SMA)?
Loopring is currently trading -39.24% below the 200-Day SMA which is $0.17.
Is Loopring currently overbought zone by (RSI)?
The 14-Day Relative Strength Index (RSI) is at 38.23 which indicates that the cryptocurrency is currently NEUTRAL and may trade sideways.
Have the last 30 trading days been positive?
The number of green days in the last 30 days is 14 which is 47%.
Is the total supply of Loopring higher than the circulating supply?
The circulating supply has yet to be published.
The liquidity based on market capitalization to volume ratio should be sufficient.
Has high liquidity with 0.05250 volume to market cap ratio. The current market cap is ₱8.94B while the 24-hour volume is ₱469.55M
Loopring (LRC) Markets
Loopring Quarterly Returns
| Year | Q1 | Q2 | Q3 | Q4 | Total |
|---|---|---|---|---|---|
| 2017 | - | - | 0.01% | 284.44% | 284.48% |
| 2018 | -15.65% | 12.30% | -76.14% | -61.12% | -91.21% |
| 2019 | 94.85% | -30.93% | -39.00% | -34.01% | -45.82% |
| 2020 | 21.34% | 182.46% | 188.86% | -21.16% | 680.59% |
| 2021 | 224.56% | -51.42% | 36.60% | 472.20% | 1132.36% |
| 2022 | -44.29% | -66.95% | -23.06% | -36.54% | -91.01% |
| 2023 | 91.86% | -35.66% | -22.27% | 65.65% | 58.95% |
| 2024 | 28.16% | -53.17% | -26.04% | ||
| Average | 57.26% | -6.20% | 5.56% | 95.64% | 275.48% |
Introduction to Loopring
Loopring (LRC) is a decentralized trade (DEX) convention. The venture utilizes off-chain request informing and on-bind exchanges to guarantee that clients hold guardianship of their tokens. Loopring is blockchain-freethinker, implying that it tends to be utilized over different stages. It has 3 digital money tokens: LRC (Ethereum), LRN (NEO), and LRQ (Qtum). Each is utilized to empower exchanges without locking cryptographic money adjusts. Ring Miners coordinate, confirm, and settle exchanges by means of Order Rings put away on keen contracts. To date, Loopring has built up organizations with any semblance of PricewaterhouseCoopers (PwC), DeFi, and Berkeley. <br>Loopring isn't just a convention yet in addition a decentralized computerized execution framework that exchanges over the crypto-token trades, protecting clients from counterparty hazard and decreasing the expense of exchanging. By pooling the liquidity of digital forms of money, we are building the budgetary arrangement of things to come.
What is Looping (LRC)?
Users now have the option of trading without the involvement of a custodian or intermediary due to the decentralized exchange (DEX) introduction. A lack of interoperability and order sharing can cause liquidity issues. Additionally, since DEXs execute trades on chains, scalability and efficiency are determined by the chains on which they are based.
A decentralized exchange that rivals the performance of centralized exchanges can be built using Loopring (LRC), an Ethereum Layer-2 scaling protocol. Compared to Ethereum, the network can process 1,000 times more trades per second, each of which is only a fraction of a cent.
Like Ethereum's blockchain, Loopring's blockchain provides security, with users having access to their assets no matter what and exchange operators restricted to the protocol's expectations.
How Does Loopring Work?
As Loopring's key value proposition, its platform integrates advanced cryptography.
The Ethereum blockchain could be more suitable for Defi applications by utilizing zkRollups, as one example. Xiaomi, Matic, Optimistic Rollups, and Plasma compete for cryptographic proposals.
Taking advantage of zero-knowledge proofs, ZkRollups are described as promising by some advocates. Computer programs can claim data without sharing it.
Zero-knowledge proofs, for instance, could be used by government agencies to verify your age before leaving your exact birthdate on a website.
A zkRollup bundle's hundreds of trades into an Ethereum blockchain transaction allows users to first make cheap trades outside of Ethereum.
A zero-knowledge proof confirms the accuracy of these transactions on the blockchain.
Who Created Loopring?
Dan Wang founded Loopring, a website built on the back of data from JD.com and Google.
Loopring raised 45 million dollars in ether through an ICO in 2017. However, Loopring had to return much of its public sale proceeds due to tightening regulations around such offerings in China.
According to Wang, about 80% of the funds raised were returned, and the remaining proceeds were used to continue developing the exchange.
What Makes Loopring Unique?
Centralized and decentralized cryptocurrency exchanges are combined in Loopring. As the only decentralized exchange built on the Ethereum blockchain, it achieves higher throughput and lower costs through its innovative use of zkRollups. Furthermore, it significantly improves centralized exchange security thanks to its non-custodial technology.
High-frequency trading strategies can now be used on DEXs because Loopring offers high-level performance capabilities. Cryptographic solutions are also utilized by Loopring to prevent frontrunning (when traders execute their own trades before pending transactions to profit from any price changes).
Users don't have to worry about anyone, company, or government getting in between them and their cryptocurrencies because the protocol is open source and audited and doesn't rely on external validators. Additionally, users receive a digital receipt once they make a deposit or withdrawal, which means that funds can always be recovered - even if there are technical difficulties.
How does Loopring add value?
Loopring's network is powered by this utility token. Liquidity providers, insurers, and DAOs (decentralized autonomous organizations) behave positively when using this protocol.
Using Loopring's on-chain data availability on a decentralized exchange requires at least 250,000 LRC. Without this feature, it is necessary to stake 1 million LRC to operate a DEX.
Deflation occurs with LRC due to token burning from fees and slashed stakes for operators who behave badly. Loopring's token price and market cap are affected by this decrease in total LRC supply over time.
How To Use Loopring?
It is also possible for those with less LRC to participate in the network if they lock up enough LRC to operate an exchange. AMM pools and order bookmakers receive 80% of the protocol fees; at least half of this amount goes to LRC pools and pairs.
The Loopring insurance fund was created to protect against unforeseen bugs. A proportionate share of 10% of fees is earned by anyone who deposits LRC into the fund.
Stakes from Loopring DAO users can govern parameters such as the percentage of fees, the proportion of costs distributed, and insurance fund-covered events using the Snapshot token voting tool.
Loopring Token Metrics
| Token Name | Loopring
|
| Ticker | LRC |
| 24h volume | $ 28.55 million ($ 28,552,639) |
| Market cap | $ 318.65 million ($ 318,646,726) |
| Fully diluted market cap | $ 496.57 million ($ 496,568,110) |
| Circulating supply | 1.24 billion LRC (1,237,931,125.14 LRC) |
| Total supply | 1.93 billion LRC (1,929,894,098.48 LRC) |
| Solana token address | 0xbbbbca6a901c926f240b89eacb641d8aec7aeafd |
| Ethereum contract address | 0xef68e7c694f40c8202821edf525de3782458639f
0xef68e7c694f40c8202821edf525de3782458639f
|
| Issuance blockchains | Ethereum, Ethereum, Solana |
Where is the Loopring (LRC) coin available?
Loopring (LRC) is available on a variety of cryptocurrency exchanges. The list of quick, secure, and easy exchanges is listed below.
- Binance
- Coinbase
- Kucoin
- Kraken
You can check the whole list of exchanges here to buy Loopring (LRC)
How Much is a One Loopring Worth Now?
The current price of the Loopring(LRC) is ₱6.54, with a current market cap ₱8,943,621,433.49.
What is the Loopring Stock Symbol or Ticker?
LRC is a ticker symbol of the Loopring.
How Many LRC Coins Are There in Circulation?
At the movement,1.37B Loopring tokens are already in the market out of 1.37B LRC.
How Can I Invest in Loopring?
There are many options for buying crypto, and Loopring can be purchased from many crypto exchanges at any time.Just visit DigitalCoinPrice to get the world's best crypto exchanges list and buy Loopring. It's a quick, easy, and secure way to buy Loopring(LRC).
Is Loopring a Stablecoin?
No, It is not a stablecoin.
What Was the Lowest Price for Loopring?
Loopring had an all-time low of ₱1.11.
What Was the Highest Price for Loopring?
Loopring had an all-time high of ₱214.53.
Who is the Founder of Loopring?
Daniel Wang is the founder of the Loopring(LRC) blockchain.
Loopring Price Prediction
The current Loopring to PHP price is ₱6.54. In the last 24 hours, LRC to PHP price has gone up by -1.88%. The cryptocurrency market is volatile and never predicts its price movement, and it requires expertise and knowledge, and it is such a problematic take. Let's look at what our experts and market analysts discuss regarding future Loopring price prediction.
Portfolio Tracker
Using a crypto portfolio tracker has become more convenient than it was in the past. This tool enables you to keep track of your crypto assets. As an example, you have acquired Loopring at different prices, which makes it difficult to identify the individual purchasing prices. A portfolio tracker lets you identify profit and loss. Also organise it.
Coin Converter
By exchanging LRC against fiat currencies (such as the U.S. dollar or Japanese yen) or using them as payment for goods and services, Loopring can be earned or received in various ways. LRC considers as the most popular cryptocurrency, and on the other side, USD is the most demanding fiat currency globally. Today, almost every fiat currency has been paired with the LRC, including LRC to PHP, LRC to INR, LRC to NGN, LRC to THB, LRC to CAD, LRC to PKR, LRC to IDR , LRC to EUR , LRC to AUD , LRC to BDT and many more in the queue. The given all are fiat currency and the most widespread pairs in the market.
Would you like to know how many cryptocurrencies 1 LRC is equivalent to other cryptocurrencies or vice versa? With Digitalcoinprice's Cryptocurrency Converter Calculator, you can easily convert cryptocurrency pairs. You can convert and check any crypto pairs like LRC to BTC, LRC to GRASS, LRC to SOL, LRC to SUI, LRC to DOGE, LRC to ETH, LRC to PEPE, LRC to VIRTUAL .
LRC to PHP price today is ₱6.54, which is Down by -1.88% over the last 24 hours. There has been an hourly Rise by 0.03%. Loopring's market cap currently sits at ₱8,943,621,433.49 PHP, holding up for a market cap rank at #264. The volume were at ₱469,551,706.10 PHP Loopring ranks no 264 in the market capitalization of Loopring is at ₱8,943,621,433.49 and its volume for 24 hours is ₱469,551,706.10. Loopring are under circulation, with total supply of 1.37B and the Maximum supply of 0.
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LRC to PHP Price Statistics
Live Loopring Price in PHP
| LRC to PHP | ₱6.54 |
| Percentage Change ( 24h ) | ▼1.88% ₱0.21 |
| 24h High / Low | ₱6.71 / ₱6.50 |
| Trading Volume 24h | ₱469,551,706.10 |
| Volume / Market Cap | 0.05250 |
| Market Dominance | 0.01% |
| Market Rank | 264 |
| Market Cap | ₱8,943,621,433.49 |
| Fully Diluted Market Cap | ₱8,989,860,186.83 |
| All Time High | ₱214.53 ▲70.88% |
| All Time Low | ₱1.11 ▲32829.36% |
| Circulating Supply | 1,366,806,970 LRC |
| Total Supply | 1,373,873,397 LRC |
| Max Supply | - |