The next couple of weeks will show whether Loopring would find the support at $0.02 or would it keep on sliding down below that level. The first week of the year is generally positive for the coin as it has even shown slight gains, which amounted to 2.5%. But that is definitely not the reason to begin stocking up on LOOM just yet. If my calculations are right, the price will consolidate for quite a while.
Zealander May 14, 2020 Reply
It seems that Loorping has been designed specifically for the CoinMex cryptocurrency exchange. Two markets on this platform - LRC/ETH and LRC/USDT - account for more than 60% of the total trading volume of that coin. Needless to say that it could be a very fertile ground for different price and volume manipulations, as well as the pump-and-dump initiatives. I would suggest getting involved with Loorping only if you are an avid fan of this cryptocurrency - which provides a good solution for traders, by the way - or have access to insider information.
Super Mick October 9, 2019 Reply
Loopring is pumping like crazy!! This coin just blasted off upwards of 30% within the last day. When was the last time any of us saw this type of insane move? This feels like 2017 all over again but I have zero clue what to do. This isn't retail investors at this point. They all got burned by the crash and scared away. No way, this is institutional money guaranteed. They are in. They are the only ones who could boost 20+ billion dollars into bitcoin alone. Look at the volume and tell me this doesn't seem different. Loopring is about to 2x in the next few days, I can feel it. Just strap in and hold tight, we're heading for the moon.
Harry April 3, 2019 Reply
LRC is still just another DEX. I'm not sure how many people really still believe in the platform but I can say the monthly chart has lined up basically perfectly to send it back to its original levels in late 2017. I'm a big fan of TA and i've made a huge amount from playing the TA side of the market. The analysis is here for the picking and LRC is the next coin to pull an ENJ style pump!
Jackson March 18, 2019 Reply
Loopring is an awesome project. Anyone can create a fully working DEX through their platform. This possibility opens an entirely new era of peer to peer trading basically the ultimate way Satoshi wanted Bitcoin to be. Ever since whales started controlling Bitcoin, we need to begin looking at other projects that keep Satoshi's vision ALIVE.
Raphael March 4, 2019 Reply
Exchange manipulation of one of the tools to drive the price in the right direction. Work on the product, improvement, elimination of bugs, everything related to the quality of the platform should naturally be displayed on the value of the coin. Without news and everything else, what manipulation will you need to work with such a project?
Sergio January 25, 2019 Reply
With Loopring, traders have complete control of their crypto-assets. This means there is no need to go through the risky and bothersome process of depositing money to centralized/custodial exchanges. Loopring is open sourced and offers open participation. Anyone can become a DEX with our software: ...