Loopring

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A blockchain research organization pioneering the future of finance. Loopring is building protocols, infrastructure, and user-facing DeFi products atop Ethereum, envisioning a digital economy that empowers its participants with full and guaranteed self-custody of their assets.

DeFi doesn't have to be a trade-off between security and performance. With this in mind, Loopring's Layer2 solutions work in synergy with Ethereum Layer1, enabling low-fee, high-speed, Ethereum-secured platforms for trustless trading, swapping, liquidity providing, and payment.

Ongoing projects led by Loopring:

Loopring Protocol: powered by zkRollups on Layer2, enables Ethereum to scale effectively without sacrificing Ethereum Layer1 guarantees
Loopring Layer2 Dex: An orderbook and automated market maker (AMM)-based non-custodial decentralized exchange (DEX) built atop Ethereum using the Loopring Protocol (v3).
Loopring Wallet: A mobile app for Android and iOS featuring an Ethereum Layer1 and Layer2 social recovery smart wallet.

founded 1 year ago

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Is LRC Still Worth the HODL?? (alien.top)

submitted 1 year ago by frmrbn@alien.top to c/loopring@blockchained.world

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Heyo - been a minute since checking in. Realize this is the most biased place to ask this question, BUT:

given movement in the market, wondering if LRC is worth the hold - or should I quick swap to something with more short term promise. Convince me to stay.

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[–] mkvelash@alien.top 1 points 1 year ago (1 children)

I lost so much in crypto in the last 3 years. The o ly advice I have is don't get I to it. The price is manipulated. Even if the price of your coins goes up, there's millions of people ready to sell billions worth of your coin and drive the price back down. Fuck that. There's no loyalty I crypto

[–] glistofor@alien.top 1 points 1 year ago (1 children)

So true , you can see clearly pump and dump in LRC weekly chart .If you are not sure look the valuation against BTC ,every week its going lower and lower

[–] pipi-sama@alien.top 1 points 1 year ago (2 children)

actually, LRC sats is going up in the last 4 weeks

[–] Justaboywandering@alien.top 1 points 1 year ago

And Bitcoin is up 118% in the past year ?

[–] glistofor@alien.top 1 points 1 year ago

Its lost his value against the BTC , that's the only thing that matters to me