Loopring (LRC) Overview
| Cryptocurrency | Loopring |
| Token | LRC |
| Price | $ 0.172082 -5.21% |
| Market Capitalization | $ 214,281,327 |
| Total Supply | 1,373,873,397 |
| Trading Volume | $ 30,856,015 |
| All-Time High | $3.75 |
| All-Time Low | $0.01963893 |
- Market analysts predict that Loopring (LRC) could reach $1.22 by 2025.
- LRC is expected to surpass $0.872919 in 2024.
- Loopring’s bearish market price prediction for 2023 is $0.279351.
Important: The writer’s technical analysis alone forms the basis of this Loopring (LRC) price prediction from 2023 to 2031. However, other platforms’ price analysis articles may use distinct technical analysis indicators that could affect their Loopring price projections differently. Therefore, it is recommended that you conduct your own research before investing in Loopring.
Loopring (LRC) is an open-source Ethereum token that offers a non-custodial exchange mechanism using zero-knowledge proofs (ZKPs). The goal of Loopring is to create a hybrid exchange that combines the benefits of centralized and decentralized exchanges while reducing their inefficiencies, resulting in reduced transaction costs and increased liquidity.
What is Loopring (LRC)?
Loopring (LRC) is an Ethereum token that offers an open-source, vetted, and non-custodial exchange mechanism using zero-knowledge proofs (ZKPs) to enable decentralized exchanges. Loopring aims to create a hybrid exchange by maintaining orders in a centralized fashion and settling deals on the blockchain, increasing order execution efficiency and liquidity while reducing transaction costs.
Long-Term Loopring (LRC) Price Prediction 2023, 2024, 2025 up to 2031
Loopring (LRC) is ranked 338 among all cryptocurrencies with a current market capitalization of $ 214,281,327. LRC’s current trading price is $ 0.172082, with a trading volume of $ 30,856,015 and a -5.21% change in the last 24 hours. Technical analysis tools such as the RSI, ALMA, and MACD can be used to identify price patterns and determine whether LRC will have a bullish or bearish year.
| Year | Minimum Price | Average Price | Maximum Price |
| 2023 | $0.42 | $0.49 | $0.53 |
| 2024 | $0.70 | $0.77 | $0.88 |
| 2025 | $1.05 | $1.12 | $1.23 |
| 2026 | $1.40 | $1.47 | $1.58 |
| 2027 | $1.75 | $1.82 | $1.93 |
| 2028 | $2.11 | $2.18 | $2.28 |
| 2029 | $2.46 | $2.53 | $2.63 |
| 2030 | $2.81 | $2.88 | $2.98 |
| 2031 | $3.16 | $3.30 | $3.44 |
Loopring (LRC) Price Prediction 2023
| Month | Minimum Price | Average Price | Maximum Price |
| Jan 2023 | $0.19 | $0.25 | $0.35 |
| Feb 2023 | $0.65 | $0.91 | $1.22 |
| Mar 2023 | $0.66 | $0.85 | $1.33 |
| Apr 2023 | $0.31 | $0.35 | $0.76 |
| May 2023 | $0.32 | $0.36 | $0.78 |
| Jun 2023 | $0.30 | $0.57 | $0.78 |
| Jul 2023 | $0.32 | $0.52 | $0.77 |
| Aug 2023 | $0.32 | $0.66 | $0.76 |
| Sep 2023 | $0.31 | $0.65 | $0.78 |
| Oct 2023 | $0.31 | $0.69 | $0.77 |
| Nov 2023 | $0.32 | $0.57 | $0.78 |
| Dec 2023 | $0.32 | $0.44 | $0.78 |
Loopring (LRC) is expected to see a significant increase in the second half of 2023, with a predicted price of $0.726365. No considerable drops are anticipated, and collaborations and advancements may help LRC reach an ambitious but feasible average price of $0.491274, with a minimum value of $0.321092.
Loopring (LRC) Price Prediction 2024
| Month | Minimum Price | Average Price | Maximum Price |
| Jan 2024 | $0.77 | $0.78 | $0.79 |
| Feb 2024 | $0.77 | $0.85 | $0.93 |
| Mar 2024 | $0.77 | $0.79 | $0.83 |
| Apr 2024 | $0.77 | $0.79 | $0.81 |
| May 2024 | $0.76 | $0.83 | $0.89 |
| Jun 2024 | $0.77 | $0.79 | $0.82 |
| Jul 2024 | $0.76 | $0.87 | $0.89 |
| Aug 2024 | $0.77 | $0.79 | $0.80 |
| Sep 2024 | $0.76 | $0.78 | $0.84 |
| Oct 2024 | $0.76 | $0.85 | $0.88 |
| Nov 2024 | $0.76 | $0.77 | $0.82 |
| Dec 2024 | $0.76 | $0.81 | $0.89 |
Loopring (LRC) has room for expansion in 2024, with potential new partnerships and initiatives projected to drive the price above $0.877275. However, bullish bets should be placed cautiously until LRC’s relative strength index comes out of the oversold zone. The minimum trading price for LRC is expected to be $0.761820, with an average trading price of $0.772002.
Loopring (LRC) Price Prediction 2025
| Month | Minimum Price | Average Price | Maximum Price |
| Jan 2025 | $1.05 | $1.09 | $1.17 |
| Feb 2025 | $1.06 | $1.19 | $1.28 |
| Mar 2025 | $1.05 | $1.28 | $1.31 |
| Apr 2025 | $1.06 | $1.11 | $1.16 |
| May 2025 | $1.06 | $1.13 | $1.17 |
| Jun 2025 | $1.06 | $1.27 | $1.30 |
| Jul 2025 | $1.05 | $1.18 | $1.26 |
| Aug 2025 | $1.06 | $1.23 | $1.28 |
| Sep 2025 | $1.05 | $1.16 | $1.23 |
| Oct 2025 | $1.05 | $1.10 | $1.24 |
| Nov 2025 | $1.05 | $1.06 | $1.15 |
| Dec 2025 | $1.05 | $1.07 | $1.23 |
If the upward trend for LRC continues until 2025, the price could reach $1.23. However, a market decline could prevent this goal from being achieved. The average price for LRC is expected to be $1.12, with a low of $1.05 in 2025.
Loopring (LRC) Price Prediction 2026
If market sentiment remains positive, Loopring (LRC) could experience price stability for the next five years, with projections indicating a green 2026. LRC is predicted to surpass its all-time high and reach a value of $1.58, with a minimum price of $1.40 and an average price of $1.47.
Loopring (LRC) Price Prediction 2027
By 2027, Loopring (LRC) is predicted to have an average price level of $1.82, with a minimum price of $1.75 and a maximum price value of $1.93.
Loopring (LRC) Price Prediction 2028
Future partnerships are expected to drive a bullish trend in Loopring (LRC) in 2028, bringing the average price to around $2.18. If LRC manages to break resistant levels, it could reach a maximum price of $2.28, while a lack of support could result in a low of $2.11.
Loopring (LRC) Price Prediction 2029
LRC’s interoperability efforts are expected to continue the bullish trend from the previous year, with a minimum trade price of $2.46 and a yearly price close above $2.63 in 2029.
Loopring (LRC) Price Prediction 2030
Loopring (LRC) is predicted to surpass its previous all-time high values by 2030, with a minimum price of $2.81 and a maximum price of $2.98, averaging out at $2.88.
Loopring (LRC) Price Prediction 2031
With the potential for increased cryptocurrency adoption across sectors, the maximum LRC price in 2031 is projected to be $3.44 with an average price level of $3.30 in a bull run. As always, it’s important to do your own research and not take predictions as financial advice.
Conclusion
Loopring’s (LRC) market sentiment is positive, and the platform has taken appropriate measures to maintain its price rally during bearish crypto trading. These efforts are expected to help LRC beat market volatility and make significant gains over the next five to ten years.
FAQ
Loopring (LRC) is currently trading at $ 0.172082 -5.21% with a total market capitalization of $ 214,281,327.
Considering its rising popularity and success, Loopring (LRC) is considered a good investment choice in the crypto space.
reaching over $2.28 within the next 5 years.
Based on the expected increase in cryptocurrency popularity, a long term investment in Loopring (LRC) could see the price rise to $2.28 in the next 5 years.
A long term investment in Loopring (LRC) could potentially see the price rise to $4.46 in the next 10 years.
Loopring (LRC) is projected to reach a price of $0.877275 by 2024.
Loopring (LRC) is expected to reach a price of $1.23 by 2025.
Loopring (LRC) is projected to reach a price of $1.58 by 2026.
Loopring (LRC) is expected to reach a price of $1.93 by 2027.
Loopring (LRC) is projected to reach a price of $2.28 by 2028.
Loopring (LRC) is expected to reach a price of $2.63 by 2029.
Loopring (LRC) is projected to reach a price of $2.98 by 2030.
Loopring (LRC) is expected to reach a price of $3.44 by 2031.
Disclaimer: The views and opinions in this article belong to the writer alone and they do not necessarily reflect the position of CryptoNewsLand (CNL). No information in this article, whether expressed or implied, should be taken as financial advice. Remember that investing in cryptocurrency poses significant risks to your asset. Hence, CNL strongly recommends all readers perform their own in-depth research before investing in cryptocurrency.
