Despite the recent bearish pull-back, Loopring (LRC) remains Long Term Bullish. From triggering the dMAmapping⇗⇗⇗⇗⇗⇗ buy alert, Loopring has seen a growth of no less than x 2.12 to the current price of $0.426618.
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#Loopring Price Chart
#Loopring #dMAmapping⇗⇗⇗⇗⇗⇗ Screen
#Loopring Current Price
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#Loopring Technical Analysis
#Loopring triggered a #dMAmapping⇗⇗⇗⇗⇗⇗ buy alert Signal on 24-Nov-2017 at $0.20104.
Despite the recent bearish pull-back, #Loopring (LRC) remains Long Term Bullish.
From triggering the #dMAmapping⇗⇗⇗⇗⇗⇗ buy alert, #Loopring has seen a growth of no less than x 2.12 to the current price of $0.426618.
Remains bullish.
With a current Market Capital of approximately $244,057,084 and Ranked Number 56 in the #CryptoCurrency Market, #Loopring has seen an explosive ride these last 3 months.
We maintain a BULLISH recommendation on #Loopring and will continue to monitor the technical analysis over the next few weeks/months.
Thanks again for reading.
Stephen
#Promo-Steem.com - Media Partner for The London Cryptocurrency Show
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If they get their product out and established, 30 million is clearly below their value. But as the project is still in development and the competitors are not established as a standard so far, it is more likely that it will reach about the same levels as 0x (120 million) or Blocknet (80 million) within the next couple of months, as soon as they get listed on bigger exchanges. But only if they get their marketing on track and are able to gain attention of the crypto community. After that, the yearly coin distribution of about 175 million new coins will most likely have a negative influence on its per-coin value – the extend however is not possible to grasp.
The remaining 697,538,027 coins (not counting the coins from the incentive program, as these would amount only to ~17,000,000 at maximum so far, as they expect only 100,000,000 coins in it) not issued at the ICO are not currently in circulation. However, they will be divided in four equal stacks of 25% each (174,384,206.8) and will be distributed within the next 4 years. Depending on how these coins will be distributed and who will be eligible, this will drive the price down to a smaller or larger extend, it is not predictable for now.
Good for us like newbies. Educational post. Keep it up. We need such kind of posts
Sir, does this ico have any airdrop? Or it needs to be saved by depositing it?
You post well.