Liquity (LQTY) Reaches Market Cap of $63.69 Million

Liquity (LQTY) traded up 2.1% against the U.S. dollar during the one day period ending at 14:00 PM Eastern on August 12th. Liquity has a market cap of $63.69 million and $14.81 million worth of Liquity was traded on exchanges in the last 24 hours. During the last seven days, Liquity has traded up 12.3% against the U.S. dollar. One Liquity token can currently be bought for about $0.66 or 0.00001106 BTC on cryptocurrency exchanges.

Here’s how similar cryptocurrencies have performed during the last 24 hours:

• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded down 1.1% against the dollar and now trades at $0.0126 or 0.00000021 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded 7.9% lower against the dollar and now trades at $0.0522 or 0.00000087 BTC.

About Liquity

Liquity was first traded on October 15th, 2020. Liquity’s total supply is 100,000,000 tokens and its circulating supply is 96,421,527 tokens. Liquity’s official website is www.liquity.org. The official message board for Liquity is medium.com/liquity. Liquity’s official Twitter account is @liquityprotocol and its Facebook page is accessible here. The Reddit community for Liquity is https://reddit.com/r/Liquity and the currency’s Github account can be viewed here.

According to CryptoCompare, “Liquity is a decentralized borrowing protocol that allows users to take out interest-free loans using Ether as collateral. The loans are paid out in a USD-pegged stablecoin called LUSD, and borrowers must maintain a minimum collateral ratio of 110%. Loans are secured by a Stability Pool containing LUSD and by fellow borrowers acting as guarantors. Liquity is a non-custodial, immutable, and governance-free protocol. LUSD can be redeemed at any time against the underlying collateral. LQTY is the secondary token issued by Liquity, capturing fee revenue and incentivizing early adopters and frontends, with a total supply cap of 100,000,000 tokens. For more information on LQTY, see LQTY Rewards and Distribution.”

Liquity Token Trading

It is usually not currently possible to buy alternative cryptocurrencies such as Liquity directly using US dollars. Investors seeking to trade Liquity should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, GDAX or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Liquity using one of the exchanges listed above.

LQTY/USD price chart by TradingView