Post
Topic
Board Altcoin Discussion
Topic OP
Will Loopring cryptocurrency reach $50?
by
Seaking009
on 14/11/2021, 19:02:57 UTC
Theoretically Loopring (LRC) cryptocurrency can reach $50 but I don’t think that it will happen any time soon. At the moment Loopring price sits at around $3 and in order to reach $50 it should increase price 17x. Loopring fully diluted market cap is around $4 billion so if it increases 17x then it will be $68 billion which is bigger than Ripple (XRP) and just slightly less than Cardano (ADA) and Tether (USDT). So, it is possible for Loopring (LRC) to reach $50 but it will take time on my own view.