Loopring

If GME went to a crypto type stock market and taking their shares off real exchanges creating a huge short, maybe some action.

I’m with you. Love LRC and will be holding and using their wallet for a long time to come. LFG.

I’m still holding but I’m convinced Daniel just took the money and ran building the zkevm on taiko instead fucked all us lrc holders while he made millions from us

Should of sold at 4. Didn’t. Now holding and hoping !

I know this gets said all the time but marketing is key. They've been doing a great job building and I'm excited to see what comes with Taiko but eventually they will have to get the number of users way up.

People on the discord made fun of me when i said it would crash back down to sub 20 cents early 2022. Loopring only pumped because of Gamestop. Simple as that, end of story. In 2017 in only pumped because of split.

I lost half my crypto in lrc get out of it

I would put all my money on LRC being one of the most manipulated tokens out there.

As I’m writing this the market capitalization is 279 million. That’s still fucking massive for a product that isn’t mainstream.

My 2 cents is we haven’t seen the purge yet given the market caps of the shit coins.

Price action is garbage. But the tools are great. Use dual investment all the time. Wish there was more on the dex but that time will come.

I agree with the above though, marketing is just so far off.

What’s up with the price? The token has zero utility. Why should it be valued highly? Serious question by someone who locked in a 90% loss after realizing there’s no plan to make the token valuable

Maybe you forgot to mention that BOC and alibaba has patent the shit out of LRC in early stages. Which means when these two go mainstream with LRC protocols, a lot of transactions through their ecommerce and bank will accor. That means heavy traffic, more pools more everything.

I love my loopring. Dca for two years

We’re ranked 134 right now. We need to break the top 100 and then the top 50… etc.

Once you take the red pill and go down the rabbit hole of gamestop/bbby/teddy/loopring/ftx/binance/government you will understand how and why.

The tldr version is just greed and crime.

If you want the answer to this question it will take over at least 100+ hours of research to fully understand. *WARNING* If you decide to go down this path....you will never be the same.

Selling in the bull market and converting to BTC. Lesson learned.

Anyone worried about the price of any coin right now needs to pull their head out of their ass and look at what is happing in the larger market. FTX bankruptcy administrator poised to sell assets to recover for creditors. Binance CEO stepping down for money laundering and 4B in fines about to be levied. I'm not one to make price predictions or to tell anyone what they should do, you do you. IMO, we're about to see some pretty large dumps and market loss and as goes BTC and ETH, so go the alts. Just one mans opinion, take it with a grain of salt.

The fundamentals haven’t changed and the team has been non-stop delivering.

The devs cannot control the price. Sure marketing will help (all in good time), but exactly as you pointed out the market (who decides price) does not value the fundamentals… yet. They value rugpull L2s that launch with no testnet just yesterday 🤣…

And that’s fine. Some even argue that after PoS ethereum has STILL not been accurately valued for what the tech stack can now provide. And that’s the second largest protocol!

Try to use a dapp these days. Many protocols are even geo-blocking the US with the likes of Iran, N Korea, and Cuba! Have to use VPNs in “the most developed country in the world”.. Do you think it is time for the actual value to be properly assessed and built into the price. I don’t. Not yet

But what I do see is a non-stop shipping team of devs, and a strong community (particularly in our discord, which you should consider joining) as you’ve pointed out. That is diverse, global and not common. Also consider how we have these things without the double edged sword of big VC money (and a basically fully circulated token)

To me, that’s all I need to hodl for a long time. I’m not a mod because I just want to ban people… I love being here, I love the tech, and I love the amazing humans I get to interact with every day and see what cool stuff they build.

BUT my time horizon is not common. I will never convert crypto back to fiat, in fact I don’t plan to sell anything until I can go to a grocery store in NYC and pay with ETH. With that view, I’m able to maintain my zen and remove the association of “price go up” with “is this a successful team/tech”

It was pumped to $4 on the rumours (that turned to be news) that Loopring was collaborating with GameStop. I do not foresee LRC being pumped to that price again. There has not been any collaboration or partnership with another well-known company (do not say Taiko) since then.

LRC's price may very well increase during the next bull run, whenever that is. Perhaps working with Taiko will amount to some gains? I think we'd be fortunate if LRC ever breaks a whole dollar again.

LRC has been another poor performer for me along with algo and amp, if I was to sell now I would be out a fortune, can only bag hold and hope for a return of the bull and at least get my money back, stocks and general savings have out performed most of my crypto investments

I saw someone found that mms/hedge funds group assets into baskets and short them, especially if those assets rival something that their friends want to put into action. You can see it when new options chains start and a fake pump begins with loads of coins, holds a price then halves , then again sometimes.

Anyway, once enough people sold via stoploss or giving up a recovery begins especially when those with money decide to flip long and they do it knowing retail already blew their money at higher levels.

Now you own more you can sell and buy between those other price levels that were created until eventually you've finished,then the price runs because retail didn't sell or it never recovers if not enough people held/ kept buying.

You can see it happening with stocks, but usually crypto. Watch for any pumping media stories, watch the price move up and down a few percent, halve then bouncing up and down for weeks and months. That's the rich (and people who keep buying at lows) taking profits and playing the in between game.

LRC is a shitcoin. It wasn't that long ago that imx and matic were the same price as the said shitcoin.

I think you need to look at the replies to this post to get everything you need to know, and perhaps even look at yourself.

You're desperate to sell, to get out of this coin, you don't really see utility, you're bagholding a massive loss and if it pumps in the next bull run, you'll dump it and never touch it again, so why would anyone get in fresh now? It has a wallet and an exchange? Every major coin has that. It has active development? Name a coin in the top 10, no, top 50, that doesn't have active development.

Frankly I can't think of a single reason any new investor in the crypto space would choose to buy Loopring over any alternative whatsoever, it also doesn't help that LRC has been bleeding volume for the last 2 years more than most coins and is looking like it's going to become obscure and forgotten, which will prevent it from having another bullrun. This sub is a graveyard of bagholders waiting to escape from Loopring and never come back, it's embarassing.

I think some of us forget how many uninformed people trade crypto....from the young that barely know what an asset is to the institutional traders that know Bitcoin and "alts"....if it's not on everyone's radar it doesn't get traded, no matter how good the coin/token or any of the above facts. Just look at some of the coins in the top 20-30...it's all hype. Until Loopring becomes more of a household name (if that household is made up of Gen Z), Byron and staff need to promote the hell out of it. Think it was better to wait on that until the build was more complete. Now that we're almost there, hopefully they'll start to promo the hell out of this thing

No one knows , the upside is high . From 0.20 to $1 is already 5x, but will it go back to its ATH? Possible but unlikely .

From 0.20 to $1? Very likely.

You decide .

so many bears here, omfg

I feel like dual investment actually keeps prices in this low range. The same people constantly buying and selling in a range doesn't help. People holding and not selling would do a lot more