The
LRC Coin, also called Loopring, has surfaced recently due to a slew of critical developments. Loopring’s
wallets find themselves at the heart of a
security breach that led to the loss of $5 million, resulting in the coin falling to a 4-month low. However, enthusiasts from Zig Network, Loopring, and WazirX are gathering to envision the
future of crypto, displaying a remarkable level of optimism. It was launched on
Coinbase Pro and has shown a potential
positive price trajectory. The coin's association with
GameStop and speculative bets on
Metaverse drove a seven-fold price increase within a month. Other notable mentions, such as Band and Cream, have made their own ventures into DeFi through partnerships, affirming their place in the DeFi sector like Loopring. Despite the coin sector's value plummeting by 46% in seven months, Loopring does not appear to be deterred. In a recent move, it teased a
multi-network expansion to enhance the user experience, alongside the successful sale of the
Solana Saga Phone due to a BONK token airdrop. According to WhaleStats, Loopring is amongst
ApeCoin and five more Ethereum-based altcoins that are being quietly accumulated by whales. It remains to be seen how these developments will impact Loopring's performance in the future.
LRC Coin News Analytics from Tue, 03 Oct 2017 10:42:17 GMT to Sat, 08 Mar 2025 08:00:00 GMT -
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- Innovation 6
- Information 8
- Rumor -3
