Loopring tops on free ERC20 transfers release
Summary: Loopring may be close to the top. Unusual weekly pattern discovered.
Assets covered: Loopring (LRC)
Metrics used: Social Volume, Token Age Consumed, Daily Active Addresses, Network Growth, Spent Coin Cost, Holders Distribution
This insight is inspired by #1 token in Emerging Trends list this night - Loopring
What does it mean for a coin to hit the first line? Research proved that
With the overall market impact removed, coin lost an average of 6% in the 12 days after appearing on our list of Emerging Trends
Is this a likely case for LRC? Let's see.
Loopring is a protocol for building decentralized exchanges. Few months ago project released first super fast SNARK-powered DEX, described with digits in last column here:
LRC price started parabolic acceleration from near Black Thursday with two solid visible milestones:
- 1. Vitalik tweeted:
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