Liquity Market Cap Hits $179.45 Million (LQTY)

Liquity (LQTY) traded 10.8% lower against the dollar during the twenty-four hour period ending at 8:00 AM Eastern on December 28th. One Liquity token can now be bought for about $1.90 or 0.00002012 BTC on popular exchanges. During the last seven days, Liquity has traded 15% higher against the dollar. Liquity has a market cap of $179.45 million and approximately $35.57 million worth of Liquity was traded on exchanges in the last 24 hours.

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

• Aidi Finance (BSC) (AIDI) traded 2.2% lower 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 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% 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 1.9% lower against the dollar and now trades at $94,329.20 or 0.99825689 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 2.2% lower against the dollar and now trades at $93,873.81 or 0.99343765 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Liquity Profile

Liquity’s genesis date was October 15th, 2020. Liquity’s total supply is 100,000,000 tokens and its circulating supply is 94,373,833 tokens. The official message board for Liquity is medium.com/liquity. The official website for Liquity is www.liquity.org. The Reddit community for Liquity is https://reddit.com/r/Liquity and the currency’s Github account can be viewed here. Liquity’s official Twitter account is @liquityprotocol and its Facebook page is accessible 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.”

Buying and Selling Liquity

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

LQTY/USD price chart by TradingView