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?

  • PeederSchmychael@alien.topBEnglish
    1·
    10 months ago

    I feel like dual investment actually keeps prices in this low range. The same people constantly buying and selling in a range doesn’t help. People holding and not selling would do a lot more

    • whoischig@alien.topOPBEnglish
      1·
      10 months ago

      The dual investment volume is far too low to have a real effect on the prices. I do believe you are not far off though. Arbitrage and trading bots on CEX keep it locked in range.