Entering text into the input field will update the search result below

Loopring: Running Rings Around The Competition

Apr. 04, 2022 4:54 PM ETLoopring USD (LRC-USD)4 Comments


  • Loopring is a scaling Layer 2 solution for DEXs with compelling technology.
  • The LRC-USD token is needed to pay fees, and its price will appreciate as Loopring gains popularity.
  • We are in an altcoin bull market, and I expect LRC-USD to appreciate considerably in 2022.
  • I do much more than just articles at Technically Crypto: Members get access to model portfolios, regular updates, a chat room, and more. Learn More »
Saturn planet. Gas giant. 3D illustration. Big planet with ring

Іван Жук/iStock via Getty Images

Thesis Summary

Loopring (LRC-USD) has gained a lot of popularity since it was announced that GameStop (GME) would be using it to launch its NFT marketplace. The token jumped over 40% and is up over 50% in the

This is just one of many exciting cryptocurrencies you can buy right now!

Join Technically Crypto to stay ahead of the latest news and trends in the crypto space. Learn the ins and outs of blockchain technology and how you can profit from it.Crypto Memes – Meme MugsHere's what you will get with your subscription:

- Access to our Crypto Portfolio.

- On-chain analysis of Bitcoin and Ethereum.

- Deep dive reports on Altcoins.

- Technical Analysis of major cryptocurrencies.

- News updates.

Crypto is changing the future, don't just watch it, be a part of it!

This article was written by

James Foord profile picture

I am an economist and financial writer specialising in building robust and truly diversified portfolios that will preserve and increase wealth in the long term. 

Having been born in Spain, to an English family, with extensive work experience in the US, and now living and travelling across Latin America and Asia, I believe this gives me a unique understanding of the global economy.

Only by investing in multiple assets around the globe can investors be truly diversified and protected from the ever-present risks posed by economic cycles and geopolitics.

My Links:

Investing Group: https://seekingalpha.com/checkout?service_id=mp_1401

Youtube: https://www.youtube.com/channel/UCUNZ28Ydsumo0P8FZ9OtquA

Podcast: https://open.spotify.com/show/7JVmqZUVhe1vvgDCstNBBJ

Substack: https://jamesfoord.substack.com/

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Short position through short-selling of the stock, or purchase of put options or similar derivatives in LRC-USD over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Recommended For You

Comments (4)

n00brian profile picture
It would be great if you could write a follow up article with your updated analysis on the progress LRC has made, and renewed price predictions
Although I did not read every word, (I'll do that later) the author wrote a positive article on Loopring, yet he states, at the end, that he may begin a short position in it. I don't get that.
James Foord profile picture
@Humidity Lover That was a mistake. I meant long. Sorry about that.
Since I bought near $3 I’m not yet jumping for joy.
Disagree with this article? Submit your own. To report a factual error in this article, . Your feedback matters to us!
To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.