Liquity Achieves Market Capitalization of $71.33 Million (LQTY)

Liquity (LQTY) traded 1.9% lower against the U.S. dollar during the 24 hour period ending at 9:00 AM E.T. on March 10th. In the last seven days, Liquity has traded 13.6% lower against the U.S. dollar. Liquity has a total market capitalization of $71.33 million and approximately $26.19 million worth of Liquity was traded on exchanges in the last day. One Liquity token can now be purchased for approximately $0.75 or 0.00000910 BTC on popular cryptocurrency exchanges.

Here is how other cryptocurrencies have performed in the last day:

• Taiko (TAIKO) traded 1.5% lower against the dollar and now trades at $0.77 or 0.00000927 BTC.
• 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 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 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.
• SolvBTC (SOLVBTC) traded down 1.9% against the dollar and now trades at $82,895.75 or 1.00145708 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 3.3% against the dollar and now trades at $81,906.66 or 0.98950790 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.

Liquity Token Profile

Liquity was first traded on October 15th, 2020. Liquity’s total supply is 100,000,000 tokens and its circulating supply is 94,658,674 tokens. The official website for Liquity is www.liquity.org. Liquity’s official Twitter account is @liquityprotocol and its Facebook page is accessible here. The official message board for Liquity is medium.com/liquity. 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 Changelly, Gemini or Coinbase. 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