Liquity Market Cap Reaches $82.41 Million (LQTY)

Liquity (LQTY) traded up 4.2% against the US dollar during the 24 hour period ending at 19:00 PM Eastern on October 23rd. One Liquity token can now be bought for approximately $0.88 or 0.00001325 BTC on cryptocurrency exchanges. Liquity has a market capitalization of $82.41 million and approximately $37.34 million worth of Liquity was traded on exchanges in the last day. During the last seven days, Liquity has traded 6.4% higher against the US dollar.

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

• 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 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 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.
• MVP Coin (MVP) traded 0% lower against the dollar and now trades at $0.0944 or 0.00000141 BTC.
• P2P Solutions foundation (P2PS) traded 5.1% lower against the dollar and now trades at $162.37 or 0.00244244 BTC.

About Liquity

Liquity launched on October 15th, 2020. Liquity’s total supply is 100,000,000 tokens and its circulating supply is 93,578,222 tokens. 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. The official message board for Liquity is medium.com/liquity.

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

LQTY/USD price chart by TradingView