➰😱 Loopring's network was compromised by a hack valued at over $5M. The project's market cap has predictably dropped as trust among the crypto community has shrunk. FUD is likely compounding the -22% $LRC 4-day drop, and there is a likely opportunity to buy into others' fear.
📊 #BitcoinCash and #Loopring are among the assets that are being shorted on #Binance after the #crypto markets dropped heavily this week. They are already showing signs of bounces, and short #liquidations would only act as rocket fuel if markets recover.
