Loopring Price Prediction 2023, 2024, 2025: Will LRC Price Hit $0.25 In 2023?
The post Loopring Price Prediction 2023, 2024, 2025: Will LRC Price Hit $0.25 In 2023? appeared first on Coinpedia Fintech News
Story Highlights
- The current price of Loopring is $ 0.17280090.
- LRC coin could possibly reach a high of $0.34 by the end of 2023.
- Loopring price with a potential surge might go as high as $1.89 by 2030.
The crypto verse has seen dramatic publicity over the past two years with a swift move. The perpetual evolution of the space had roused the launch of Loopring. The platform intends to resolve the glitches with regard to centralized and decentralized exchanges.
The core goal of the ecosystem has been to ensure quick, secure, and highly transparent solutions. The platform enables high-throughput, cost-effective payments, and trading on Ethereum. It also expects to increase the competence in building hybrid solutions by eliminating inefficacies.
Planning to bag some LRC, at the lows, but uncertain of its future prospects? Worry not, as we decode the possible LRC price prediction for 2023 and the years to come!
Table of contents
- Story Highlights
- Overview
- LRC Price Prediction September 2023
- Loopring Price Prediction 2023
- LRC Price Prediction 2023 – 2030
- LRC Price Forecast 2024
- Loopring Price Prediction 2025
- Loopring Price Prediction 2026
- Loopring Price Prediction 2027
- Loopring Price Prediction 2028
- Loopring Price Prediction 2029
- Loopring Price Prediction 2030
- What Does The Market Say?
- CoinPedia’s LRC Price Prediction
- Fundamental Analysis
- What Is Loopring?
- Historic Market Sentiments 2018 – 2021
- FAQs
Overview
| Cryptocurrency | Loopring |
| Token | LRC |
| Price | $ 0.17280090  -0.05% |
| Market cap | $ 230,110,112.1757 |
| Circulating Supply | 1,331,648,782.6574 |
| Trading Volume | $ 6,438,512.8242 |
| All-time high | $3.83 on 10th November 2021 |
| All-time low | $0.0198 on 18th December 2019 |
| 24 High | $ 0.1745 |
| 24 Low | $ 0.1683 |
*The statistics are from press time.
LRC Price Prediction September 2023
Following the massive price volatility, Loopring has been trading in a descending trend since the start of September. Bulls are constantly failing to stabilize the price, resulting in LRC losing its value. The coin was seen trading in a consolidated range for a brief period of time following which the crypto experienced another dip in its value.
The RSI averages are constantly trading below the mid-point for two weeks now indicating a weak buying and selling power. Further, the coin has displayed a rising trend in its chart indicating a possibility of the coin to gain value in the coming days. On the other hand, the MACD has displayed constant flatlines for over a weak now indicating uncertainty in the future price action of Loopring.
If the bulls manage to gain power and cross the $0.1754 mark, then the coin will experience a bullish moment and the coin will prepare to test its resistance of $0.1796 this month. Further, if the bulls hold the price above that level then the price will test its upper resistance level of $0.1833 by the month-end.
On the contrary, if the bears overpower the bulls and a trend reversal occurs, then the price will continue to lose its value and test the support level of $0.1689 soon. Moreover, if the market continues to fall then the coin will lose momentum and will then test its crucial support level of $0.1600 by the end of this month.
Loopring Price Prediction 2023
The coin has been constantly trading in a descending wedge since the month of April. The bulls are constantly failing to gain momentum resulting in the price to lose its value. The price is on the verge of breaking out of the pattern indicating a possibility of a significant price action soon.
The RSI has been trading below the mid-point since the month of May indicating a weak buying and selling power. The coin has failed multiple attempts to trade above the mid-point. On the other hand, the MACD displays constant flatlines since July indicating a weak price action and uncertainty for the coin. Further the chart displays a bearish divergence in its averages indicating the price to further dip.
Loopring would hit new milestones in the NFTs space in 2023. The forthcoming year could be splendid for Loopring if bulls significantly underpin the market trend for a specific period of time. Later the protocol may surpass $0.34 by the end of the year.
Followed by much-awaited collaborations like Gamestop would open the doors for larger expansion. In case, if an anticipated collaboration remains a rumor, then the LRC price would flip well below $0.12. With average buying and selling pressures, the price would claim a regular price of $0.23.
LRC Price Prediction 2023 – 2030
| Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
| 2023 | 0.12 | 0.23 | 0.34 |
| 2024 | 0.31 | 0.40 | 0.57 |
| 2025 | 0.49 | 0.61 | 0.73 |
| 2026 | 0.69 | 0.83 | 0.97 |
| 2027 | 0.92 | 1.07 | 1.23 |
| 2028 | 1.13 | 1.28 | 1.44 |
| 2029 | 1.31 | 1.48 | 1.65 |
| 2030 | 1.48 | 1.69 | 1.89 |
LRC Price Forecast 2024
Growing developmental and community building initiatives, alongside thriving adoption, the foray of big-money marketers could push LRC to its potential high. This could turn imperative for Loopring’s price. As a result LRC’s price could chug up towards its maximum price tag of of $0.57.
Conversely, the lower average time held of Loopring being just 7.4 months, makes it comparatively volatile. Wherefore, LRC could take a plunge to $0.31 in case of a bear run. Contrarily, the regular price could find its base at $0.40.
Loopring Price Prediction 2025
This expeditious and stable platform has the potential to reach $0.73, by the end of the next three years. On the contrary, the price would plummet to $0.49 in case of a bearish trap.
However, the protocol would end up trading at $0.61, by the end of 2025. If the digital asset stays remote from any external influencing factors.
Loopring Price Prediction 2026
According to our analysts, LRC coin price prediction for the year 2026 could range between $0.69 to $0.97 and the average price of Loopring could be around $0.83.
Loopring Price Prediction 2027
According to our analysts, Loopring price for the year 2027 could range between $0.92 to $1.23 and the average price of LRC could be around $1.07.
Loopring Price Prediction 2028
According to our analysts, LRC crypto prediction for the year 2028 could range between $1.13 to $1.44 and the average Loopring coin price could be around $1.28.
Loopring Price Prediction 2029
According to our analysts, Loopring’s forecast for the year 2029 could range between $1.31 to $1.65 and the average LRC coin price could be around $1.48.
Loopring Price Prediction 2030
According to our analysts, LRC predictions for the year 2030 could range between $1.48 to $1.89 and the average Loopring price could be around $1.69.
What Does The Market Say?
| Firm Name | 2023 | 2024 | 2025 |
| Wallet Investor | $0.384 | $0.0210 | $0.0194 |
| priceprediction.net | $0.25 | $0.35 | $0.52 |
| DigitalCoinPrice | $0.34 | $0.42 | $0.62 |
*We have made a table that includes the possible price prediction for the same token made by other crypto analysts on their respective platforms. The targets mentioned above are the average targets set by the respective firms.
CoinPedia’s LRC Price Prediction
Loopring is one of the young and promising tokens designed to develop crypto exchanges. This technological revolution would benefit the token in the coming years. According to CoinPedia’s formulated Loopring price prediction. It may smash $0.34 by the end of 2023, provided it collaborates with new gaming firms.
On the downside, market fluctuations, regulatory compliance, and failure of collaborations or integrations can be major setbacks for the altcoin. Therefore, Loopring’s price may struggle to consolidate around $0.12 by the year-end. Considering all viewpoints, the average price of the Loopring would be around $0.23 by the end of 2023.
Fundamental Analysis
The Loopring foundation was founded by Daniel Loopring, who is presently the CEO, of the firm. The founder is a software engineer and a known businessman in Shanghai, China. Mr Wang has completed his graduation in computer science from the University of Science and Technology of China. Further, he accomplished his master’s from Arizona State University.
Prior to the launch of Loopring, Daniel Wang gathered knowledge in multiple managerial and chief executive positions in reputed tech firms. He was also a chief software engineer at Boston Scientific. In addition, he held the position of senior director of engineering at JD.com, a Chinese e-commerce giant. He had also served as a senior engineer at Google.
Moreover, he has also co-founded tech firms such as Yunrang Information Technology and Coinport Technology Ltd, a leading cryptocurrency service firm. Then, he shifted his focus to the release of Loopring v1 in December of 2017. Moving forward, the platform conducted its debut LRN airdrop in July 2018. After the success of the first event, the platform conducted the LRN airdrop worth 1.5 million in September 2018.
What Is Loopring?
Loopring is a zkRollup (built for layer 2 solutions) layer 2 scaling protocol. It is an open protocol built for the integration of decentralized crypto exchanges. The platform’s motive is to enable high-throughput, cost-efficient payment and trading on the Ethereum blockchain.
The platform has its own native token called “LRC” which was launched in August 2017. The protocol could be utilized to pay fees on Loopring L2. In addition, the platform possesses its own wallet with layer 2 scaling. To enable a safe, intuitive, and effective Ethereum experience in your pocket.
The central idea behind the platform is to merge elements of decentralized and centralized crypto exchanges. In order to produce a token that will enable the distinct benefits by eliminating the existing inefficiencies. Through supervising sell and buy orders in a centralized way yet fixing the trades on a blockchain. And merging up to 16 orders into circular trades in contrast to enabling one versus one trading pairs.
Historic Market Sentiments 2018 – 2021
- The growth of the asset during its nascent stage of the launch was phenomenal. The price had surged from $0.1765 to an ATH of $1.9 on October 1st. However, failing to sustain at the levels, the LRC price underwent a heavy correction almost to its initial levels of $0.17.
- Though the platform had conducted a series of airdrop events in 2019 and 2020, the LRC price failed to gain traction.
- The price awfully hovered between $0.05 to $0.075 for the two prolonged years.
- Seeking impetus from the burgeoning high gas fees of Ethereum, the LRC price almost soared by 700% to $0.8235. The Chinese market crash on May 19th led to a steady decline in the price.
- The speculation of Gamestop’s collaboration with Loopring led to a parabolic move from $0.458 to its ATH of $3.83. Adverse market sentiments occurring from the US Feds’ decision to taper the interest rate led to the annual closure at $2.09.
FAQs
Yes, if you are planning for the long term, Loopring looks promising considering its vision to expand into a gaming firm.
The price of LRC could possibly reach as high as $0.34, by the end of 2023.
Loopring has the potential to be a profitable short-term investment. As gaming and NFTs space has been taking up another step to revolutionize the gaming sector.
The altcoin could surge to its potential high of $0.73, by the end of 2025. With a potential surge the price may go as high as $1.89 by the end of 2030.
Loopring can be traded on various exchanges like Binance, Bybit, OKEx, and Huobi, amongst others.
At the time of publishing, the price of one LRC was $0.1726.
LRC
BINANCE
Read More
Loopring Price Prediction 2023, 2024, 2025: Will LRC Price Hit $0.25 In 2023?
The post Loopring Price Prediction 2023, 2024, 2025: Will LRC Price Hit $0.25 In 2023? appeared first on Coinpedia Fintech News
Story Highlights
- The current price of Loopring is $ 0.17280090.
- LRC coin could possibly reach a high of $0.34 by the end of 2023.
- Loopring price with a potential surge might go as high as $1.89 by 2030.
The crypto verse has seen dramatic publicity over the past two years with a swift move. The perpetual evolution of the space had roused the launch of Loopring. The platform intends to resolve the glitches with regard to centralized and decentralized exchanges.
The core goal of the ecosystem has been to ensure quick, secure, and highly transparent solutions. The platform enables high-throughput, cost-effective payments, and trading on Ethereum. It also expects to increase the competence in building hybrid solutions by eliminating inefficacies.
Planning to bag some LRC, at the lows, but uncertain of its future prospects? Worry not, as we decode the possible LRC price prediction for 2023 and the years to come!
Table of contents
- Story Highlights
- Overview
- LRC Price Prediction September 2023
- Loopring Price Prediction 2023
- LRC Price Prediction 2023 – 2030
- LRC Price Forecast 2024
- Loopring Price Prediction 2025
- Loopring Price Prediction 2026
- Loopring Price Prediction 2027
- Loopring Price Prediction 2028
- Loopring Price Prediction 2029
- Loopring Price Prediction 2030
- What Does The Market Say?
- CoinPedia’s LRC Price Prediction
- Fundamental Analysis
- What Is Loopring?
- Historic Market Sentiments 2018 – 2021
- FAQs
Overview
| Cryptocurrency | Loopring |
| Token | LRC |
| Price | $ 0.17280090 -0.05% |
| Market cap | $ 230,110,112.1757 |
| Circulating Supply | 1,331,648,782.6574 |
| Trading Volume | $ 6,438,512.8242 |
| All-time high | $3.83 on 10th November 2021 |
| All-time low | $0.0198 on 18th December 2019 |
| 24 High | $ 0.1745 |
| 24 Low | $ 0.1683 |
*The statistics are from press time.
LRC Price Prediction September 2023
Following the massive price volatility, Loopring has been trading in a descending trend since the start of September. Bulls are constantly failing to stabilize the price, resulting in LRC losing its value. The coin was seen trading in a consolidated range for a brief period of time following which the crypto experienced another dip in its value.
The RSI averages are constantly trading below the mid-point for two weeks now indicating a weak buying and selling power. Further, the coin has displayed a rising trend in its chart indicating a possibility of the coin to gain value in the coming days. On the other hand, the MACD has displayed constant flatlines for over a weak now indicating uncertainty in the future price action of Loopring.
If the bulls manage to gain power and cross the $0.1754 mark, then the coin will experience a bullish moment and the coin will prepare to test its resistance of $0.1796 this month. Further, if the bulls hold the price above that level then the price will test its upper resistance level of $0.1833 by the month-end.
On the contrary, if the bears overpower the bulls and a trend reversal occurs, then the price will continue to lose its value and test the support level of $0.1689 soon. Moreover, if the market continues to fall then the coin will lose momentum and will then test its crucial support level of $0.1600 by the end of this month.
Loopring Price Prediction 2023
The coin has been constantly trading in a descending wedge since the month of April. The bulls are constantly failing to gain momentum resulting in the price to lose its value. The price is on the verge of breaking out of the pattern indicating a possibility of a significant price action soon.
The RSI has been trading below the mid-point since the month of May indicating a weak buying and selling power. The coin has failed multiple attempts to trade above the mid-point. On the other hand, the MACD displays constant flatlines since July indicating a weak price action and uncertainty for the coin. Further the chart displays a bearish divergence in its averages indicating the price to further dip.
Loopring would hit new milestones in the NFTs space in 2023. The forthcoming year could be splendid for Loopring if bulls significantly underpin the market trend for a specific period of time. Later the protocol may surpass $0.34 by the end of the year.
Followed by much-awaited collaborations like Gamestop would open the doors for larger expansion. In case, if an anticipated collaboration remains a rumor, then the LRC price would flip well below $0.12. With average buying and selling pressures, the price would claim a regular price of $0.23.
LRC Price Prediction 2023 – 2030
| Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
| 2023 | 0.12 | 0.23 | 0.34 |
| 2024 | 0.31 | 0.40 | 0.57 |
| 2025 | 0.49 | 0.61 | 0.73 |
| 2026 | 0.69 | 0.83 | 0.97 |
| 2027 | 0.92 | 1.07 | 1.23 |
| 2028 | 1.13 | 1.28 | 1.44 |
| 2029 | 1.31 | 1.48 | 1.65 |
| 2030 | 1.48 | 1.69 | 1.89 |
LRC Price Forecast 2024
Growing developmental and community building initiatives, alongside thriving adoption, the foray of big-money marketers could push LRC to its potential high. This could turn imperative for Loopring’s price. As a result LRC’s price could chug up towards its maximum price tag of of $0.57.
Conversely, the lower average time held of Loopring being just 7.4 months, makes it comparatively volatile. Wherefore, LRC could take a plunge to $0.31 in case of a bear run. Contrarily, the regular price could find its base at $0.40.
Loopring Price Prediction 2025
This expeditious and stable platform has the potential to reach $0.73, by the end of the next three years. On the contrary, the price would plummet to $0.49 in case of a bearish trap.
However, the protocol would end up trading at $0.61, by the end of 2025. If the digital asset stays remote from any external influencing factors.
Loopring Price Prediction 2026
According to our analysts, LRC coin price prediction for the year 2026 could range between $0.69 to $0.97 and the average price of Loopring could be around $0.83.
Loopring Price Prediction 2027
According to our analysts, Loopring price for the year 2027 could range between $0.92 to $1.23 and the average price of LRC could be around $1.07.
Loopring Price Prediction 2028
According to our analysts, LRC crypto prediction for the year 2028 could range between $1.13 to $1.44 and the average Loopring coin price could be around $1.28.
Loopring Price Prediction 2029
According to our analysts, Loopring’s forecast for the year 2029 could range between $1.31 to $1.65 and the average LRC coin price could be around $1.48.
Loopring Price Prediction 2030
According to our analysts, LRC predictions for the year 2030 could range between $1.48 to $1.89 and the average Loopring price could be around $1.69.
What Does The Market Say?
| Firm Name | 2023 | 2024 | 2025 |
| Wallet Investor | $0.384 | $0.0210 | $0.0194 |
| priceprediction.net | $0.25 | $0.35 | $0.52 |
| DigitalCoinPrice | $0.34 | $0.42 | $0.62 |
*We have made a table that includes the possible price prediction for the same token made by other crypto analysts on their respective platforms. The targets mentioned above are the average targets set by the respective firms.
CoinPedia’s LRC Price Prediction
Loopring is one of the young and promising tokens designed to develop crypto exchanges. This technological revolution would benefit the token in the coming years. According to CoinPedia’s formulated Loopring price prediction. It may smash $0.34 by the end of 2023, provided it collaborates with new gaming firms.
On the downside, market fluctuations, regulatory compliance, and failure of collaborations or integrations can be major setbacks for the altcoin. Therefore, Loopring’s price may struggle to consolidate around $0.12 by the year-end. Considering all viewpoints, the average price of the Loopring would be around $0.23 by the end of 2023.
Fundamental Analysis
The Loopring foundation was founded by Daniel Loopring, who is presently the CEO, of the firm. The founder is a software engineer and a known businessman in Shanghai, China. Mr Wang has completed his graduation in computer science from the University of Science and Technology of China. Further, he accomplished his master’s from Arizona State University.
Prior to the launch of Loopring, Daniel Wang gathered knowledge in multiple managerial and chief executive positions in reputed tech firms. He was also a chief software engineer at Boston Scientific. In addition, he held the position of senior director of engineering at JD.com, a Chinese e-commerce giant. He had also served as a senior engineer at Google.
Moreover, he has also co-founded tech firms such as Yunrang Information Technology and Coinport Technology Ltd, a leading cryptocurrency service firm. Then, he shifted his focus to the release of Loopring v1 in December of 2017. Moving forward, the platform conducted its debut LRN airdrop in July 2018. After the success of the first event, the platform conducted the LRN airdrop worth 1.5 million in September 2018.
What Is Loopring?
Loopring is a zkRollup (built for layer 2 solutions) layer 2 scaling protocol. It is an open protocol built for the integration of decentralized crypto exchanges. The platform’s motive is to enable high-throughput, cost-efficient payment and trading on the Ethereum blockchain.
The platform has its own native token called “LRC” which was launched in August 2017. The protocol could be utilized to pay fees on Loopring L2. In addition, the platform possesses its own wallet with layer 2 scaling. To enable a safe, intuitive, and effective Ethereum experience in your pocket.
The central idea behind the platform is to merge elements of decentralized and centralized crypto exchanges. In order to produce a token that will enable the distinct benefits by eliminating the existing inefficiencies. Through supervising sell and buy orders in a centralized way yet fixing the trades on a blockchain. And merging up to 16 orders into circular trades in contrast to enabling one versus one trading pairs.
Historic Market Sentiments 2018 – 2021
- The growth of the asset during its nascent stage of the launch was phenomenal. The price had surged from $0.1765 to an ATH of $1.9 on October 1st. However, failing to sustain at the levels, the LRC price underwent a heavy correction almost to its initial levels of $0.17.
- Though the platform had conducted a series of airdrop events in 2019 and 2020, the LRC price failed to gain traction.
- The price awfully hovered between $0.05 to $0.075 for the two prolonged years.
- Seeking impetus from the burgeoning high gas fees of Ethereum, the LRC price almost soared by 700% to $0.8235. The Chinese market crash on May 19th led to a steady decline in the price.
- The speculation of Gamestop’s collaboration with Loopring led to a parabolic move from $0.458 to its ATH of $3.83. Adverse market sentiments occurring from the US Feds’ decision to taper the interest rate led to the annual closure at $2.09.
FAQs
Yes, if you are planning for the long term, Loopring looks promising considering its vision to expand into a gaming firm.
The price of LRC could possibly reach as high as $0.34, by the end of 2023.
Loopring has the potential to be a profitable short-term investment. As gaming and NFTs space has been taking up another step to revolutionize the gaming sector.
The altcoin could surge to its potential high of $0.73, by the end of 2025. With a potential surge the price may go as high as $1.89 by the end of 2030.
Loopring can be traded on various exchanges like Binance, Bybit, OKEx, and Huobi, amongst others.
At the time of publishing, the price of one LRC was $0.1726.
LRC
BINANCE
Read More