I’ve been believing in LRC since just before the GME hype. Saw a random Reddit post leaking it and figured why not. Went from .34 to almost $4. Good times right?

Since the crypto winter began I’ve been accumulating LRC slowly over time especially under .20. The discussion question is “What is up with the price action?”

Considering these facts I find it hard to beleive this project is valued so low.

  1. Continuing to Build through the down market
  2. Active community and developers
  3. Its own self custody wallet with attached DEX
  4. Streamlining ETH transactions over multiple projects and blockchains.

Today at last check loopring was #138 by market cap. There are literal scams valued much higher, dead projects. Luna classic is valued higher than LRC. What will it take to see some value added? Is the price being artificially suppressed?

  • brandnewpaint@alien.topBEnglish
    1·
    10 months ago

    Price action is garbage. But the tools are great. Use dual investment all the time. Wish there was more on the dex but that time will come.

    I agree with the above though, marketing is just so far off.

    • DERELECTrical@alien.topBEnglish
      1·
      10 months ago

      Could marketing help ELI5 the wallet for user adoption?

      Is that even the point of this product?

      I have had a wallet and lots o’ loops since the rocket and no actual idea why.

    • PeederSchmychael@alien.topBEnglish
      1·
      10 months ago

      Wouldn’t dual investment just keep prices lower. Everyone constantly buying/selling automatically in low range.

      • brandnewpaint@alien.topBEnglish
        1·
        10 months ago

        I guess so. But i think that most people who dual invest dont have much effect on the overall market. Thats more narrative driven i think

      • brandnewpaint@alien.topBEnglish
        1·
        10 months ago

        I guess so. But i think that most people who dual invest dont have much effect on the overall market. Thats more narrative driven i think