Loopring is up 40.87% in the last 24 hours on news of a partnership with GameStop for the GameStop NFT marketplace. It is trading for $1.17 at the time of writing.
If you are attracted to unique features and want to learn how and where to buy LRC, this guide is for you.
Top places to buy LRC now
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What is LRC?
LRC is the crypto token of Loopring, an open, Ethereum-based protocol aimed at building decentralized crypto exchanges.
Loopring intends to bring centralized order matching with decentralized on-blockchain order settlement together into a hybrid solution, which will utilize the best of both worlds.
Loopring Protocol seeks to reduce or eliminate the inefficiencies of DEXs while retaining their advantages. It settles trades on-chain, but manages orders in a centralized manner.
It also combines multiple orders into circular trades rather than permit strictly one vs. one trading pairs. This way, the protocol expects to improve DEX liquidity while increasing the efficiency of order execution.
Should I buy LRC today?
Considering how hard it is to come up with an accurate cryptocurrency prediction, you should never make any decisions affecting your finances before an in-depth market analysis. Don’t invest more than you can afford to lose.
LRC price prediction
Wallet Investor is extremely bullish on Loopring. They expect a long-term increase. According to them, 1 LRC will trade for $4.65 in March 2027. A 5-year investment will yield earnings of around +295.49%. If you invest $100 in LRC now, you might have $395.49 in 2027.
LRC on social media
The #GameStop #NFT marketplace beta is now live!$GME has partnered with @loopringorg for this project, which is an #ETH L2 solution. 🤝#LRC skyrocketed after the announcement, resulting in a +41% gain. 🚀 pic.twitter.com/b3z8Z5FOkq
— Delta Investment Tracker (@getdelta) March 23, 2022