Where to buy Loopring (LRC) coin as it goes parabolic
- Loopring (LRC) is currently trading at about $2.95.
- It is up 6% in the last 24 hours and by over 500% in last two months.
- Here is a quick guide on where to buy the LRC token.
Loopring (LRC) has been on a relentless bull run in the last few months as the blockchain tries to fill in the gap for a platform that decentralized application (DApp) developers can use to develop decentralized exchanges. It parabolic price movement has attracted the attention of most investors who believe it has just started on its upward push.
To help investors and traders who are eyeing to buy and hold the LRC coin, Invezz has created a brief article to help with identifying the best places to buy it.
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Best places to buy Loopring
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What is Loopring (LRC)?
Loopring (LRC) is the native token of the Loopring blockchain platform.
For those who are new to the Loopring blockchain platform, it is an open-source protocol built on Ethereum to allow decentralized applications (DApp) developers to build decentralized crypto exchanges.
It is important to note that the LRC token is an Ethereum based token and thus can be stored in most of the ETH compatible wallets.
Should I buy the LRC coin today?
LRC has shown the potential of moving further upwards and it could be a great investment opportunity if you are looking for a cryptocurrency that you can buy and hold.
Nevertheless, you should be aware of the fact that buying the cryptocurrency market is extremely volatile.
Loopring price prediction
Though it is difficult to predict the crypto prices due to their market volatility, if Loopring’s price continues in the same bullish trajectory, its price is expected to hit $3.5 by the end of the year