Liquity (LQTY) Achieves Market Capitalization of $82.76 Million

Liquity (LQTY) traded up 7.7% against the US dollar during the 24-hour period ending at 8:00 AM ET on March 2nd. Liquity has a total market cap of $82.76 million and approximately $19.14 million worth of Liquity was traded on exchanges in the last day. During the last week, Liquity has traded down 8.2% against the US dollar. One Liquity token can currently be purchased for approximately $0.87 or 0.00001021 BTC on major exchanges.

Here’s how other cryptocurrencies have performed during the last day:

• Taiko (TAIKO) traded 1.8% lower against the dollar and now trades at $0.95 or 0.00001105 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 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.
• 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 1.4% higher against the dollar and now trades at $85,577.35 or 0.99885450 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 1.6% against the dollar and now trades at $85,391.65 or 0.99668700 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.

Liquity Token Profile

Liquity’s launch date was October 15th, 2020. Liquity’s total supply is 100,000,000 tokens and its circulating supply is 94,652,004 tokens. 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. Liquity’s official Twitter account is @liquityprotocol and its Facebook page is accessible here. Liquity’s official website is www.liquity.org.

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 currently possible to buy alternative cryptocurrencies such as Liquity directly using U.S. dollars. Investors seeking to trade Liquity should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Liquity using one of the aforementioned exchanges.

LQTY/USD price chart by TradingView