1inch $0.42593.14%aave $105.424.78%ada $0.44892.62%ae $0.0284*0.61%algo $0.15826.57%ape $0.76783.58%atom $6.36452.49%avax $27.1474.11%axs $5.80003.64%bal $2.66003.50%band $1.15004.45%bat $0.19122.91%bcd $0.0592*5.77%bch $390.970.92%bcn $0.000025788*0.00%bnb $559.404.04%bsv $44.045*7.77%btc $63,2354.77%cake $1.9917*4.37%dcr $13.694*0.61%dgb $0.0075*3.49%doge $0.12004.90%dot $6.51764.53%enj $0.18025.13%etc $23.2881.55%eth $3,362.54.67%fil $4.33502.27%ftm $0.49852.57%grt $0.20526.88%hbar $0.07444.70%iost $0.0061*4.04%knc $0.53294.53%ksm $23.3675.81%link $13.8325.55%loom $0.0537*2.07%lrc $0.15643.73%lsk $0.9678*2.74%ltc $70.9860.74%mana $0.34483.83%matic $0.54172.23%mkr $2,845.92.01%mlx $0.0000001390.00%nano $0.91795.81%oxt $0.07417.39%pepe $0.0000097247.77%ren $0.04644.62%rep $0.87100.00%sand $0.32943.71%sc $0.00480.42%shib $0.0000181353.69%skl $0.04645.94%snx $1.890011.37%sol $153.505.81%sushi $0.73534.82%theta $1.4870*3.79%trx $0.14011.45%uma $2.16204.49%uni $8.45441.31%usdt $0.99940.22%vet $0.03108.24%waves $0.9735*2.38%xaut $2,405.70.00%xlm $0.10452.95%xmr $160.962.68%xrp $0.53521.34%yfi $6,014.93.03%zil $0.01680.00%
1inch $0.42593.14%aave $105.424.78%ada $0.44892.62%ae $0.0284*0.61%algo $0.15826.57%ape $0.76783.58%atom $6.36452.49%avax $27.1474.11%axs $5.80003.64%bal $2.66003.50%band $1.15004.45%bat $0.19122.91%bcd $0.0592*5.77%bch $390.970.92%bcn $0.000025788*0.00%bnb $559.404.04%bsv $44.045*7.77%btc $63,2354.77%cake $1.9917*4.37%dcr $13.694*0.61%dgb $0.0075*3.49%doge $0.12004.90%dot $6.51764.53%enj $0.18025.13%etc $23.2881.55%eth $3,362.54.67%fil $4.33502.27%ftm $0.49852.57%grt $0.20526.88%hbar $0.07444.70%iost $0.0061*4.04%knc $0.53294.53%ksm $23.3675.81%link $13.8325.55%loom $0.0537*2.07%lrc $0.15643.73%lsk $0.9678*2.74%ltc $70.9860.74%mana $0.34483.83%matic $0.54172.23%mkr $2,845.92.01%mlx $0.0000001390.00%nano $0.91795.81%oxt $0.07417.39%pepe $0.0000097247.77%ren $0.04644.62%rep $0.87100.00%sand $0.32943.71%sc $0.00480.42%shib $0.0000181353.69%skl $0.04645.94%snx $1.890011.37%sol $153.505.81%sushi $0.73534.82%theta $1.4870*3.79%trx $0.14011.45%uma $2.16204.49%uni $8.45441.31%usdt $0.99940.22%vet $0.03108.24%waves $0.9735*2.38%xaut $2,405.70.00%xlm $0.10452.95%xmr $160.962.68%xrp $0.53521.34%yfi $6,014.93.03%zil $0.01680.00%
lrc / loopring trade
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lrc = $
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            news
            There was some fear in the market as Bitcoin hovered around the $40k mark. The stock markets have also not been extremely bullish. In fact, it can be argued that Bitcoin is following in the footsteps of major stock indices and moving sideways in the fast couple of days.
            Loopring is a leading layer 2 blockchain project that is in the Decentralized Finance (DeFi) and non-fungible tokens (NFT) projects. The network has seen robust growth this year even as the cryptocurrency industry has struggled. In its second-quarter report, the developers said that the number of smart contract wallets rose to over 130k while the volume of trades rose to over $5 billion.
            Loopring was riding high with the bulls on 19 April, with the rest of the cryptocurrencies contributing to the broader market growth.
            Loopring (LRC) had emerged as one of the top-performing coins in 2021. In fact, the altcoin went on to hit its all-time high of $3.86 in November last year. But after that, it’s been free fall for LRC. However, the coin appears to be nearing a decisive bullish breakout in the coming days. Here are some highlights:
            Loopring (LRC) is an Ethereum-based token used as an open protocol platform for building decentralized (Defi) cryptocurrency exchanges.
            One of the big sleeper hits in the crypto class is revealing itself to be Loopring (CCC:LRC-USD). The scalability network is seeing quite the price boom over the latter half of 2021. Chalk it up to the interest in scalability or the rumors that Loopring can’t escape surrounding its relationship with GameStop (NYSE:GME). Either way, don’t expect the hype to die down just yet. With the launch of the Loopring wallet today, excitement is only building further for the network.
            Loopring, the poster boy of scalable Ethereum-based solutions is having a tough time of late. Back towards the end of ‘Uptober‘ 2021, LRC had rallied just shy of 1000% in a matter of two weeks. But since then, it has had a huge fall. It practically slid down a slope of valuations and is currently standing at a meager market capitalization of ~$660 million.
            LRC is decreasing underneath a descending resistance line.
            Loopring is about to set an example as the first token to completely eliminate the impact of the bears with the help of one of the biggest names in the gaming industry.
            Over the daily price chart, the loopring price is attempting to recover from the consolidation period. Initially, a descending triangle pattern over the daily chart caused the token to fall through. Then after LRC currency began consolidating at the lows of 2021 and has been in the range-bound region ever since. For Loopring pricing to exit the consolidation phase, more buyers are needed. The coin has effectively regained strength up to the 20 EMA and is going for the remaining bullish barriers of the 50, 100, and 2000-day daily moving averages. However, LRC must maintain the current uptrend momentum to register its breakout from the range-bound area.
            The company posted a loss of $1.94 per share in the fiscal fourth quarter, compared to a $0.85 gain predicted by analysts. On its results call, the company stated that it believes the NFT market has long-term potential.
            Bitcoin’s losses since April have had a strong impact on the price action of Loopring. Loopring was trading above $1 in March 2022, but it was quickly forced to cede all the territory gained in March back to the bears.
            Loopring [LRC], the zkRollup layer2 on Ethereum [ETH], which intends on making the blockchain more accessible, continues to push its development. However, on the investor front, this network doesn’t seem to be making any strides. In fact, the beginning of July has marked one of the worst days for the LRC token.
            After sliding 15% lower on Monday, the Loopring price is remarkably quiet so far today. But something tells me that won’t last for long.
            LRC, the native token of Ethereum scaling network Loopring, soared in digital-asset markets on Wednesday after the blockchain project shared an update on its partnership with GameStop (GME), the video game retailer whose volatile and sometimes coordinated price action in early 2021 made it a darling of meme stock traders.
            LRC is among the biggest gainers after rallying by more than 27% over the last seven days while most of the top cryptocurrencies were stuck in a narrow range. The rally comes amid an important loopring development but it looks like it might be due for some more upside thanks to a major milestone this week.
            If you believe the future of finance is on Ethereum, your confidence may have been tested by transaction fees of up to $200 and the blockchain’s limit of 14 transactions per second.
            Loopring, the poster boy of scalable Ethereum-based solutions is having a tough time of late. Back towards the end of ‘Uptober‘ 2021, LRC had rallied just shy of 1000% in a matter of two weeks. But since then, it has had a huge fall. It practically slid down a slope of valuations and is currently standing at a meager market capitalization of ~$660 million.
            The integration should allow users to mint NFTs for less than $1 while inheriting Ethereum's security.
            The cryptocurrency market has recovered slightly on Monday, and with Bitcoin trading above $30,000, many altcoins are following suit. Loopring (LRC) stands out as a top gainer during the past 24 hours, having made an 8.1% surge during the past 24 hours.
            general news
            July 2024 is set to be an eventful month for the cryptocurrency market with over $755 million worth of crypto assets from projects like AltLayer, Xai, Aptos, Arbitrum, and others being unlocked. These vesting periods ending could influence market prices and trading behaviors as significant quantities of tokens become available for trading​ (Cointelegraph)​.
            Uniswap (UNI), one of the leading decentralized exchanges (DEXs) in the crypto market, is currently experiencing significant challenges. Despite its strong performance earlier this year, recent events have sparked concerns among investors and market watchers.
            Anticipated Price Surge Post-Halving Cardano’s native token, ADA, is projected to experience a significant price surge following the upcoming Bitcoin halving event in 2024. Analysts predict that ADA could reach a high of $2.11 by July 2024, representing a massive 298% increase from its current levels. This potential rally is supported by Cardano’s burgeoning DeFi ecosystem, which has recently hit new highs in total value locked (TVL), demonstrating increasing adoption and utility within the network​ (CoinCodex)​.
            In Germany, MP Joana Cotar criticized the government’s decision to sell its Bitcoin holdings, urging the development of a strategic reserve. Cotar argued that holding Bitcoin could diversify the state’s assets and serve as a hedge against inflation. She emphasized the need for a clear legal framework for Bitcoin, suggesting it could enhance Germany’s technological and financial development.
            Ethereum (ETH ) is becoming increasingly scarce, surpassing Bitcoin in this regard. On-chain data from BTC-Echo’s Leon Waidmann reveals that Ethereum ’s exchange balance is currently at 10.189%, while Bitcoin’s stands at 15.08%, highlighting a significant trend of decreasing Ethereum availability.
            Solana (SOL) is continuing its upward trajectory with a series of significant developments that underscore its growing prominence in the blockchain space. The network has seen a notable price movement, maintaining a steady position around $141.05, with a market cap of $65.40 billion. Here are the latest highlights from the Solana ecosystem:
            Ripple, the developer behind the XRP Ledger and the largest holder of XRP, recently sold 150 million XRP from its July reserves, valued at $64.5 million. This transaction marks a $13.5 million decrease compared to similar activities last month, according to Finbold.
            VanEck, a leading investment firm, has made a notable move by filing for a Solana (SOL) exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC), positioning this filing as a strategic bet on Donald Trump winning the 2024 presidential election.
            Ripple’s Chief Technology Officer, David Schwartz, recently addressed the XRP community’s growing concerns about the cryptocurrency ’s price drop amidst the broader market downturn. As major cryptocurrencies face significant selling pressure, XRP has hit its lowest price point since March 2023, leading to fear, uncertainty, and doubt among investors.
            Polygon Miden, a pioneering project within the Polygon ecosystem, has announced a $35 million grant initiative aimed at fostering innovation and enhancing the decentralized finance (DeFi) landscape. This initiative is designed to support the development of scalable and efficient blockchain solutions leveraging Polygon Miden’s advanced technologies.
            Bitcoin (BTC) is experiencing a notable bullish trend, with significant factors driving its recent price movements and market sentiment. As of early July 2024, BTC has seen considerable inflows into Bitcoin ETFs, recording $295 million, the highest in 21 days​ (BTCNEWS)​. This influx of capital highlights growing investor confidence and renewed interest in Bitcoin’s potential.
            Ethereum (ETH) is poised for substantial growth in 2024, driven by the anticipated approval of several spot Ethereum ETFs and continued advancements in its network infrastructure. Industry analysts predict that the approval of these ETFs could trigger a significant influx of capital, potentially boosting ETH prices by up to 500% this cycle​ (NerdWallet: Finance smarter)​​ (markets.businessinsider.com)​.
            Shiba Inu (SHIB) has recently achieved a major milestone by surpassing Cardano and securing a spot among the top 10 cryptocurrencies by market capitalization. This significant achievement reflects the growing enthusiasm and robust support from the Shiba Inu community, often referred to as the Shib Army. Over the past 24 hours, SHIB’s trading volume surged by 115.67%, reaching over $2 billion, and its market capitalization increased by 15.29%​ (ShibDaily)​.
            The prediction market dApp Polymarket, hosted on the Polygon network, has recently seen its trading volumes exceed $100 million. This surge in activity highlights the growing popularity of Polygon’s dApps and underscores the network’s success.
            Billionaire Jack Dorsey envisions a future where Bitcoin could replace the U.S. dollar as the dominant global currency, predicting its value could soar to $1 million by 2030. Dorsey, CEO of Block and cofounder of Twitter, emphasizes Bitcoin’s decentralized nature, advocating for its potential to democratize financial systems and diminish reliance on traditional banking. He believes Bitcoin offers more control and freedom compared to the U.S. dollar and Chinese yuan, which he sees as controlling entities.
            Crypto influencer Ben Armstrong, known as BitBoy Crypto, recently declared that Cardano (ADA) and Polkadot (DOT) are "dead" coins. Armstrong expressed his views on social media, emphasizing that these tokens no longer hold institutional appeal. In a YouTube video from April, he claimed that ADA's current situation is different and questioned the value of holding onto ideals while portfolios suffer losses. Armstrong argued that ADA's poor performance is due to its lack of institutional backing compared to tokens like Ethereum (ETH) and Solana (SOL).
            Polygon 2.0: A New Era for MATIC Polygon (MATIC) is making significant strides with the implementation of its highly anticipated 2.0 upgrade. This series of enhancements aims to reimagine and expand the capabilities of the Polygon ecosystem, solidifying its position as a leading layer-2 solution for Ethereum. The first set of Polygon Improvement Proposals (PIPs) has been released, detailing the initial phase of upgrades which include transitioning from MATIC to the new POL token, enhancing staking mechanisms, and launching the Staking Layer​ (CoinDesk)​​ (Web3, Aggregated.)​.
            $37 Million Investment in Outreach and Marketing Polkadot has made significant strides in promoting its ecosystem, spending nearly $37 million on outreach and marketing in the first half of 2024. This investment aims to attract new users, developers, and businesses to the network, covering advertising, sponsorships, and influencer partnerships. This extensive outreach reflects Polkadot’s commitment to growing its community and increasing adoption of its blockchain technology​ (The Daily Hodl)​.
            Bitcoin (BTC) has seen significant gains this year, rising 26.65% year-to-date. As of 8 a.m. ET, one bitcoin is valued at $57,423.61. The cryptocurrency reached its highest intraday price of $73,750.07 on March 14, 2024, marking its all-time high. Over the past year, the lowest intraday price was $24,930.30 on September 11, 2023, showcasing bitcoin’s volatility and growth potential.
            Dogecoin (DOGE) has been experiencing a notable surge, recently reaching $0.21, its highest level since 2021. This increase has been driven by bullish bets totaling $2 billion, largely due to speculation surrounding potential integration of DOGE for payments on the social media platform X (formerly Twitter)​
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