Loopring
LRC#1131 by market capNot covered. The criterion it missed: homepage could not be fetched (<urlopen error [Errno -3] Temporary failure in name resolution>).
Loopring is for trading without a middleman. We have not written its record yet, so its promises are not checked. It trades at $0.0092, #1074 of all coins by size, 100% below its highest ever price.
This week Nothing changed on its record.
A real job, real backing. No dated promises on its pages. Nothing dated ahead. +90% to match its rivals. Nothing to be careful of on the record.
Is it real?
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3 of 4
- ✓A real-world jobReal-world purpose: trading without a middleman
- ✓Real backingBacking: trades on Kraken, OKX, Bybit
- –Something aheadA dated step, deliveries on record, or demand showing up in the news.
- ✓Room to growRoom: worth $12.62M, 71 times smaller than Arbitrum, the biggest coin within reach doing the same thing (Rollup)
Listed on 4 big exchanges
- Origin1 August 2017about about 9 yearsloopring.io, GitHub
- DevelopersNot namedNeither Wikidata nor its listing names the foundersCode activity not checked
- BackingNo named investorListed on Kraken, OKX, Bybit, KuCoin
- Standing on the recordNo recordNo dated promise to judge yet0 headlines last monthNo corrections needed so far
To be worth what the typical coin in Rollup is worth ($24.04M), its price would need to rise 90%, to about $0.0175. To match the leader, Arbitrum, 6962%.
Still to check
- No dated promise on record yet, so delivery cannot be judged
- No named investor among its tags
- Only 0 headlines named it last month
What to do Nothing dated is ahead and nothing has been delivered on record. There is no event to wait for yet, which is itself the answer.
A gap is not a forecast. Most small coins never close it. The site never picks.
Four tests, printed. Passing all four means a real job, real backing, something ahead, and a price far below the leader of its group. A filter on facts, never a verdict.
Every line has a source: the coin's own listing, CoinGecko's tags, the record, or the news feed. Reputation here is a count, never an opinion.
Does it deliver?
No dated promise has been found on the pages this project publishes. Its pages are saved every night, so anything it commits to from now on appears here.
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Every line is quoted from the project's own pages, with the copy we stored and, where one exists, the article that reported it
What is next, and when?
Nothing dated has been found on its pages, so there is no date to wait for yet.
How big is it next to its rivals?
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Only coins within a hundred times its worth; a coin a thousand times bigger is another world
Trading without a middleman
121 coins tagged Decentralized Exchange (DEX), worth $32.71B together. #56 of 121 by worth.
Rollup: this coin against its direct competitors
- CoinWorth, as a barWorthAgainst this coinToday, and the gapSupplyPromises
Loopring$12.62Mthis coin+6.4%100% outno record
Arbitrum$891.46M70.6× bigger, +$878.84M−1.3%, gap −7.767% outnone dated
Optimism$227.13M18.0× bigger, +$214.51M+4.3%, gap −2.154% outnone dated
Starknet$201.26M15.9× bigger, +$188.63M−1.8%, gap −8.272% out10 of 24 delivered
Immutable$107.66M8.5× bigger, +$95.04M−0.9%, gap −7.344% outno record
Nervos Network$56.4M4.5× bigger, +$43.77M−2.6%, gap −9.0no maxno record
AltLayer$46.4M3.7× bigger, +$33.77M−2.6%, gap −9.071% outno record
Hermez Network$36.65M2.9× bigger, +$24.02M−0.7%, gap −7.1100% outno record
Rollup: this coin next to Arbitrum, the biggest rival within reach. People go to the bigger coin unless the smaller one does something it does not.
- Loopring says
- Loopring is a Decentralized Exchange (DEX) built on an Ethereum Layer-2 (L2) solution called zkRollup.
- Arbitrum says
- Arbitrum is a technology platform that provides the infrastructure for building financial applications, tokenized assets, and custom blockchains.
Two claims, side by side, in their own words. Whether the difference is real is for the record to show over time, and for you to judge.
Loopring is a Decentralized Exchange (DEX) built on an Ethereum Layer-2 (L2) solution called zkRollup. It has both Automated Market Maker (AMM)-based and orderbook-based exchanges. zkRollup is an Ethereum L2 scaling solution that migrates computations off the blockchain.
Problem it says it solves: trading without a middleman. 121 coins are working on it and together they are worth $32,710,303,538. This coin is 0% of that.
Where it trades: Kraken, OKX, Bybit, KuCoin, BtcTurk | Kripto
Each bar is a coin's worth today (price × coins out), longest first. The lit bar is this coin; grey bars are the others doing the same job.
Bars are market cap. Order is size, nothing else. Differences are measured from the coin you are looking at.
What should make me careful?
Nothing printed today
None of the six tests fails. A missed promise counts only on a record a person has checked.
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Rollup: this coin next to the group's largest, Arbitrum.
| Loopring | Arbitrum | |
|---|---|---|
| Years trading | 9 years | 3 years |
| Major exchanges | 4 | 11 |
| Named backers | 0 | 2 |
| Headlines, last month | 0 | 108 |
| Promises delivered | no record | no record |
What it says is different: Loopring is a Decentralized Exchange (DEX) built on an Ethereum Layer-2 (L2) solution called zkRollup. It has both Automated Market Maker (AMM)-based and orderbook-based exchanges. zkRollup is an Ethereum L2…
It is 1.4% the size of Arbitrum. On the facts above it is behind on major exchanges, named backers, headlines, last month. For that gap to close, the record would need deliveries showing up in its record, news that names it. Nothing here says it will; the site does not predict.
The tests: nothing to hold it for, more missed than delivered, priced ahead of its record, half the supply still to come, rivals ship while it does not, a big release of coins soon.
The homework: the coin itself, the news, the record
The coin itself
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The last 7 days
Where today sits against its highest ever price
Highest ever: $3.75 on 10 November 2021. Today is 0% of that.
100%
of all LRC that will ever exist is already out in public hands: 1.37B coins.
0% (640.5K coins) is already created but not in public hands, held by the project or locked in escrow. That is a small share. Those coins can be sold later, which can push the price down.
out held back. Each dot is 1%.
Perks on its own exchange
Fee discounts and access on the exchange that issued it. Its demand follows that exchange.
- Fee discounts and access on the exchange that issued it
- A vote on how the project is run
That is all a market cap is: today's price times the coins in public hands. It moves every time the price does. It says what buyers are paying, not what the coin is worth.
- of the maximum supply is in circulation: 1.37B of 1.37B.
- 640.5Kcoins still to be released, 0% of the maximum. Releases can add selling pressure.
- of its all-time high of $3.75 on 10 November 2021. That is −99.8% from the top.
- #1074by market cap, $12,624,007.
- 1 August 2017first block, as listed by CoinGecko.
- Not checkedwho holds the most coins, and how much has been burned. Those need on-chain data this site does not read yet.
Supply and value figures from CoinGecko, refreshed hourly. Not part of the record.
- $30.64K is locked in it right now
From DefiLlama, refreshed nightly. Fees are what people paid to use the thing; value locked is what they trust it to hold. Facts, not a score.
What the news says
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Nothing in the news this month.
Nothing matched in the last month from the sources we read. CoinDesk, Cointelegraph, Decrypt, The Block, plus Google News searches for coins with a record and the top 100.
The record itself
Not covered. The criterion it missed: homepage could not be fetched (<urlopen error [Errno -3] Temporary failure in name resolution>).
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Six facts, the project's own replies, its peers, contract facts, references and every stored copy