Liquity Market Capitalization Tops $57.42 Million (LQTY)

Liquity (LQTY) traded 1.8% lower against the dollar during the 1-day period ending at 20:00 PM Eastern on August 7th. Liquity has a total market cap of $57.42 million and $19.96 million worth of Liquity was traded on exchanges in the last 24 hours. One Liquity token can currently be purchased for approximately $0.60 or 0.00001080 BTC on major cryptocurrency exchanges. During the last seven days, Liquity has traded 26.9% lower against the dollar.

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

• 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 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 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.
• Lumi Credits (LUMI) traded 1.2% higher against the dollar and now trades at $0.0122 or 0.00000022 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded 16.1% lower against the dollar and now trades at $0.0569 or 0.00000103 BTC.

Liquity Profile

Liquity was first traded on October 15th, 2020. Liquity’s total supply is 100,000,000 tokens and its circulating supply is 96,420,090 tokens. Liquity’s official message board is medium.com/liquity. Liquity’s official Twitter account is @liquityprotocol and its Facebook page is accessible here. The Reddit community for Liquity is https://reddit.com/r/Liquity and the currency’s Github account can be viewed here. The official website for Liquity 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 acquire Liquity should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Coinbase or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Liquity using one of the exchanges listed above.

LQTY/USD price chart by TradingView