What is Loopring, the new tipable crypto on Publish0x? - A quick layman's look


Loopring is a newly added crypto that I'm certain many such as myself have never heard of, so let's take a short look at it.


A simple Startpage search brings us to the looping website where it reads:

An Open Protocol for Scalable, Non-Custodial Exchanges

As you continue further down it claims to be secure, fast, and low-cost way to build "non-custodial exchanges," but you're probably also like me and more interested in the price.

Screenshot via Coinbase, taken at 6:14am EST 04/14/2020

So it's not worth much at the moment. Not a good sign for those who love their tips here and remember having hundreds of Hydro coins which amounted to nothing.

At this point I am curious if this coin will ever see it's $2+ value ever again, which makes HODL'ing this coin an attractive option for many here I am sure. 

Taking a look at the Loopring Twitter shows they are actively posting updates, which certainly makes the idea of HODL'ing more attractive. However, without further knowledge someone such as myself needs more time to learn. This is a lesser-known coin after all. I suppose very soon we'll be seeing more in-depth posts about it here on Publish0x to learn about it together.


Part 2 in the near future?

Thanks for reading!

CATW

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ChasingAfterTheWind
ChasingAfterTheWind

Free speech absolutist - Finds humor in life - Some of my posts are for those 18+ years old - I write unfiltered about my life and topics that interest me - Wisdom and folly contained herein


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