Liquity (LQTY) Achieves Market Cap of $87.96 Million

Liquity (LQTY) traded up 14% against the US dollar during the one day period ending at 17:00 PM Eastern on November 6th. In the last week, Liquity has traded 2.6% lower against the US dollar. One Liquity token can currently be purchased for $0.93 or 0.00001231 BTC on major exchanges. Liquity has a total market capitalization of $87.96 million and approximately $36.84 million worth of Liquity was traded on exchanges in the last day.

Here’s how related cryptocurrencies have performed in the last day:

• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower 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.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded up 9.3% against the dollar and now trades at $75,805.96 or 1.00003266 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 7.3% higher against the dollar and now trades at $74,393.91 or 0.98140490 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Liquity Profile

Liquity’s launch date was October 15th, 2020. Liquity’s total supply is 100,000,000 tokens and its circulating supply is 94,224,178 tokens. Liquity’s official Twitter account is @liquityprotocol and its Facebook page is accessible here. The official website for Liquity is www.liquity.org. Liquity’s official message board is medium.com/liquity. 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 presently possible to purchase alternative cryptocurrencies such as Liquity directly using US dollars. Investors seeking to trade Liquity should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, GDAX or Coinbase. 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