Loopring Archives - 2100NEWS

BrankoAugust 7, 2019

3min537

LRC (Loopring) as Large-cap Ethereum based Token is 76 in 2100NEWS ranking. LRC has an above-average quality of the order book. The average quality of the order book for large caps members of NWSL100 index is 9.4. What is the true value criterion in the crypto world? Among all, the price is always at the forefront. By comparing with the index, we can gauge the price-performance with similar digital assets that are members of the index. Considering an investor’s point of view, peer comparison should be efficient and effective. We present you tokens that are worth keeping in mind when you create a buying list to go into the crypto world.

 

About token

LoopringLoopring (LRC) has been launched in 22 exchanges. The Loopring story began back in October 2016, when Daniel Wang (Founder & CEO) decided to solve open issues in a centralized exchange using blockchain and smart contract technology.

CMT as Large-cap Ethereum based Token is 76 in 2100NEWS ranking (after Index Review of 2nd August 2019). It is an Index member: NWST1100, NWSL100, NWSTo100, NWSET100 


LRC has an above-average quality of the order book mark 10.3.  (The average for large caps members of NWSL100 index is 9.4.)


Over the past week, the average market cap was 38.4 million $, average daily volume was 5.6 million $.


To make appropriate peers comparison we gauged the Loopring (LRC) token with 2100NEWS Digital Assets 100 Large Cap Index (NWSL100). Looking at the chart below, we were observing several weeks of intense downwards price action. Over the second half of July, Loopring (LRC) price performance rebounded vs. NWSL100 index. 



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