Liquity Trading Down 28.8% Over Last Week (LQTY)

Liquity (LQTY) traded down 5.5% against the US dollar during the twenty-four hour period ending at 8:00 AM E.T. on January 29th. During the last week, Liquity has traded down 28.8% against the US dollar. One Liquity token can now be bought for about $1.41 or 0.00001387 BTC on cryptocurrency exchanges. Liquity has a total market capitalization of $133.45 million and $27.90 million worth of Liquity was traded on exchanges in the last day.

Here’s how similar cryptocurrencies have performed during 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 1.2% higher 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.
• SolvBTC (SOLVBTC) traded down 0.8% against the dollar and now trades at $101,781.06 or 0.99958932 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 0.2% against the dollar and now trades at $101,418.30 or 0.99602662 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 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Liquity Token Profile

Liquity’s launch date was October 15th, 2020. Liquity’s total supply is 100,000,000 tokens and its circulating supply is 94,469,332 tokens. The Reddit community for Liquity is https://reddit.com/r/Liquity and the currency’s Github account can be viewed here. 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.

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 presently possible to buy alternative cryptocurrencies such as Liquity directly using U.S. dollars. Investors seeking to trade Liquity should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Liquity using one of the exchanges listed above.

LQTY/USD price chart by TradingView