Liquity Achieves Market Cap of $82.83 Million (LQTY)

Liquity (LQTY) traded 5.4% higher against the U.S. dollar during the twenty-four hour period ending at 22:00 PM ET on October 20th. Liquity has a total market cap of $82.83 million and approximately $17.83 million worth of Liquity was traded on exchanges in the last day. One Liquity token can now be bought for about $0.89 or 0.00001281 BTC on popular exchanges. Over the last week, Liquity has traded up 7% against the U.S. dollar.

Here is how related cryptocurrencies have performed over 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 2.2% lower 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 $0.0801 or 0.00000115 BTC.
• P2P Solutions foundation (P2PS) traded up 4% against the dollar and now trades at $177.44 or 0.00256796 BTC.

Liquity Token Profile

Liquity launched on October 15th, 2020. Liquity’s total supply is 100,000,000 tokens and its circulating supply is 93,573,201 tokens. The official website for Liquity is www.liquity.org. Liquity’s official message board is medium.com/liquity. 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.

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 possible to purchase alternative cryptocurrencies such as Liquity directly using US dollars. Investors seeking to acquire Liquity should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Liquity using one of the aforementioned exchanges.

LQTY/USD price chart by TradingView