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 drawn to unique features and want to know how and where to buy LRC, this guide is for you.
Top places to buy LRC now
FTX
FTX is a cryptocurrency exchange built by traders, for traders. FTX offers innovative products including industry-first derivatives, options, volatility products and leveraged tokens. We strive to develop a platform robust enough for professional trading firms and intuitive enough for first-time users.
Okcoin
Okcoin is a globally licensed exchange with offices in San Francisco, Miami, Malta, Hong Kong, Singapore and Japan. Okcoin’s mission is to help decentralize finance and level the economic playing field for everyone around the world. Serves 190+ countries with over 100K+ active traders and investors.
coingate
FTX is a cryptocurrency exchange built by traders, for traders. FTX offers innovative products including derivatives, options, volatility products, and leveraged tokens. We strive to develop a platform that is robust enough for professional trading companies and intuitive enough for new users.
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 together centralized order matching with decentralized order settlement on the blockchain in 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 strictly allowing one-to-one trading pair. In this way, the protocol plans 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 at $4.65 in March 2027. A 5-year investment will yield a profit of approximately +295.49%. If you invest $100 in LRC now, you could have $395.49 in 2027.
LRC on social media
Loopring partnership with GameStop
Loopring has partnered with GameStop NFT Marketplace to launch GameStop NFT Marketplace; something that has certainly generated a lot of excitement within the Loopring community and LRC token holders.
Loopring has joined Immutable X as an official partner of GameStop on its NFT Marketplace initiative. Immutable X partnered with GameStop’s NFT platform in early February this year to enable “zero gas fees for NFT trading and minting in a carbon-neutral environment.”
NFTs and the Metaverse in general have become a force to be reckoned with around the world and they have become the center of attraction for digital property and gaming.
Loopring believes that many developers, users, and gamers have been left out due to high costs. And for player power to continue to flourish, a cheap, fast, and safe new world is needed for its customers. The GameStop NFT Marketplace will guarantee all users the best digital property rights anchored in a decentralized, secure and credible neutral environment (Ethereum).
According to reports, more than 1 million NFTs have already been issued on the GameStop NFT Marketplace after launch.
