Liquity (LQTY) Hits Market Capitalization of $96.98 Million

Liquity (LQTY) traded 1.5% lower against the U.S. dollar during the 24-hour period ending at 8:00 AM ET on February 10th. In the last seven days, Liquity has traded 2.5% lower against the U.S. dollar. One Liquity token can currently be bought for $1.03 or 0.00001052 BTC on major exchanges. Liquity has a total market capitalization of $96.98 million and approximately $33.80 million worth of Liquity was traded on exchanges in the last day.

Here is how similar cryptocurrencies have performed in the last day:

• GMX (GMX) traded up 4.3% against the dollar and now trades at $23.79 or 0.00024396 BTC.
• 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 2.2% lower 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 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded up 1.1% against the dollar and now trades at $97,263.83 or 0.99735297 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 9.3% higher against the dollar and now trades at $96,762.17 or 0.99220891 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 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 94,496,352 tokens. 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. The official message board for Liquity is medium.com/liquity. 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.”

Liquity Token Trading

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

LQTY/USD price chart by TradingView