Loopring
Market Open
14 Jun, 23:08
$
0. 013500
-0.000185
-1.3518%
$
1.38M Volume
$ 0.013685
Previous Close Want to track LRCUSD and more in your Portfolio? 🎯
Sign up for Marketlog, a portfolio tracker that will exceed your expectations!
LRCUSD Overview
LRCUSD denotes the price of Loopring (LRC) quoted in US dollars, indicating how much one unit of the LRC token is worth when exchanged for USD. It provides a fiat-denominated reference for the token’s market value, used across trading platforms and pricing feeds.
Loopring is a blockchain protocol and a cryptocurrency project initially developed by Daniel Wang and introduced in 2017. Built on Ethereum as an ERC-20-compatible token, LRC operates within a decentralized exchange framework that emphasizes order-ring matching and off-chain order relay with on-chain settlement. The protocol has evolved to incorporate zk-rollup technology for higher throughput and lower transaction costs.
The LRCUSD price is determined by market forces across centralized and decentralized exchanges. Liquidity, buy and sell order flow, investor sentiment, protocol developments, and broader macro and crypto-specific factors such as ETH network conditions and regulatory news all influence valuation. Price discovery occurs where participants match orders and arbitrage integrates prices across venues.
LRCUSD matters to traders and investors as a benchmark for exposure to Loopring’s ecosystem. Market participants use the pair for speculative trading, portfolio allocation, hedging, and assessing the economic impact of protocol upgrades or tokenomics changes.
The pair can exhibit significant volatility and liquidity differences between venues, making execution strategy and venue selection important for larger trades.
Loopring is a blockchain protocol and a cryptocurrency project initially developed by Daniel Wang and introduced in 2017. Built on Ethereum as an ERC-20-compatible token, LRC operates within a decentralized exchange framework that emphasizes order-ring matching and off-chain order relay with on-chain settlement. The protocol has evolved to incorporate zk-rollup technology for higher throughput and lower transaction costs.
The LRCUSD price is determined by market forces across centralized and decentralized exchanges. Liquidity, buy and sell order flow, investor sentiment, protocol developments, and broader macro and crypto-specific factors such as ETH network conditions and regulatory news all influence valuation. Price discovery occurs where participants match orders and arbitrage integrates prices across venues.
LRCUSD matters to traders and investors as a benchmark for exposure to Loopring’s ecosystem. Market participants use the pair for speculative trading, portfolio allocation, hedging, and assessing the economic impact of protocol upgrades or tokenomics changes.
The pair can exhibit significant volatility and liquidity differences between venues, making execution strategy and venue selection important for larger trades.
LRCUSD Chart
LRCUSD FAQ
What is the current Loopring price?
The current price is $0.013500, based on the latest trades across major cryptocurrency exchanges.
What does the price change mean?
The price has changed by -0.000185 (-1.3518%), showing how much the asset has moved compared to the previous close.
What is the previous close for Loopring?
The previous close was $0.013685, which serves as a reference point to measure daily performance.
How is the daily change percentage calculated?
The change percentage (-1.3518%) is calculated based on the difference between the current price and the previous closing price.
What does the daily range show?
The range reflects the lowest ($0.013100) and highest ($0.013700) prices traded during the selected period, helping assess volatility.
Why is Loopring (LRC) moving today?
Price movements in Loopring are driven by market sentiment, trading volume, news, adoption, and overall crypto market conditions.
Is the current trend bullish or bearish?
If the current price ($0.013500) is below the previous close ($0.013685), it indicates upward momentum. If below, it suggests a downward trend.
Where can I see live charts for Loopring?
You can view real-time charts, price updates, and market data for Loopring (LRC) directly on this page.
