Ethereum-based cryptocurrency Loopring (LRC) has managed to reach $1, the ultimate goal of Dogecoin (DOGE). The LRC peaked at $0.97, up 21.16% in the past hours, and posted profits of 124.98% for the week.
Dogecoin is behind in the race for 1 dollar!
Dogecoin, the favorite meme coin of 2020, has yet to reach its $1 target. In May, DOGE price touched the ATH level of $0.74. The former meme coin leader has been trying to recover since then and is currently trading at $0.272, 63.08% below its peak price.
Coming to Loopring (LRC), the DEX exchange even surpassed $1 in DOGE’s muddy era. The 2019 published altcoin project grew 450.51% in 2021, while Dogecoin was leading the market with 4717.06%.
So what’s going on with Loopring (LRC)?
LRC attracts great interest from individual investors. It has been on the list of the most trending decentralized exchanges in the past weeks. Loopring has also been trending on CoinMarketCap, with many investors asking “Will Loopring go up?” she turned to Google. Also, on Twitter, Loopring was mentioned in 4,683 tweets, garnering moderate attention. The most sought-after cryptocurrency, Bitcoin (BTC), was mentioned in 9,601 tweets, according to Cointrendz data.
Now, the latest growth seen in Loopring price has focused on news of a possible partnership with GameStop Corporation. Also, increasing network fees on the Ethereum network are increasing the wealth of Tier 2 tokens. cryptocoin.com Don’t miss the Solana-based 5 altcoin projects that we have transferred.
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