Loopring Price Prediction: Is Loopring a Good Investment?

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What Is the Loopring Price Prediction Today

AT A GLANCE

  • In 2024, Loopring price is expected to reach $0.663, according to some experts
  • 2025 promises to be turbulent, with prices ranging from $0.01031967305568597 to $0.45078208211428317, with TradingBeast predicting a breakthrough leading to a price rise to $0.45078208211428317
  • By 2030, LRC price can hit $0.663

Loopring Fundamental Analysis

Project name
Loopring
Stock Symbol
LRC
Current Price
0.293172529991079
Current Supply
1373873397.44246
Launch Date
2017
Official Website

Loopring project was released in June 2017 by Daniel Wang, a software engineer, former Google America tech lead and development director at JD.com. Since then the project has become a decentralized financial system that includes the Loopring protocol, relayer, exchange, an Ethereum mobile smart contract wallet, and the Loopring coin (LRC) itself. The company also plans to launch its own NFT platform in the near future. 

Loopring payment protocol is an open source zkRollup protocol that runs on the Ethereum Layer-2 blockchain, which is powered by more advanced technologies that reduce the fees of the Ethereum network, speed up transfers, and increase the security of the crypto assets. The protocol doesn’t allow access, lose or freeze user funds. 

Loopring relayer is the backend system, or operator, that interacts with the protocol to make a zkRollup run. It hosts and updates the off-chain Merkle tree, creates rollup blocks, generates zkSNARK proofs of their validity, and publishes data and proofs to Ethereum.

Loopring Layer2 is a non-custodial exchange and a gas-free, high-speed payment platform without intermediaries for trading, swapping, and liquidity providing. It is built on the Loopring protocol and runs by the Loopring relayer. Loopring exchange manages orders in a centralized manner but settles the trades on-chain and combines up to 16 orders into ring trades instead of allowing strictly one-on-one trading pairs. Remarkably, Loopring is the only company that has a patent for a decentralized crypto exchange in the United States. 

Loopring coin (LRC) is an ERC-20 native token of the Loopring open protocol, created to build decentralized exchanges. LRC is controlled by the Loopring protocol’s smart contracts, which combine individual transactions into order rings (Loop Order) by organizing public order books and recording trading history, and in some cases also transferring the orders to the other relays. Thus, LRC can be earned via ring mining. 

Currently, the LRC token can be used to pay the fees of the Loopring Layer-2 exchange. Commissions paid by Loopring Exchange are distributed on Layer-2 among LRC liquidity providers, insurers, and Loopring DAO, in an 80/10/10 proportion, respectively. The token model rewards LRC holders who use their assets productively for the good of the platform. 

Loopring Live Price Chart

LRC started 2022 with a sharp price decline: from the highest point of $1.8429 it fell to $0.7363 by January 23. There was a slight price recovery the next week, and LRC leveled out at the point of around $1. On February 4 the token decreased again to the price of $0.8474, but in a few days it jumped to $1.16. However, since then the Loopring token price fell, and till the middle of March, the coin was trading for $0.7.

On March 20 the Loopring crypto price suddenly climbed to the point of $0.9397 and started a bullish ride of the LRC token. On March 24 the coin reached $1.1738, and on March 30 LRC price peaked at $1.2886. 

In April LRC token price gently went down; till the end of the month, it varied between $0.8 and $1. 

On May 1 the Loopring price declined to the point of $0.68, then it grew to $0.82, but on May 13 it dropped in price more than twice and reached $0.39. In the second part of May LRC started to show some signs of recovery: by May 26 it hit the price of $0.62 and was around that level till June 10. 

By mid-June, the Loopring coin lost much of its value and was traded for approximately $0.4 till the beginning of August. 

In the first half of August the LRC price was slightly rising, reaching the point of $0.5. But then it leveled off to $0.37 and was falling below this line for the next two months. 

On November 6 LRC price went up to $0.37 again, and even surged for a short while, but later fell down. After that, the Loopring token was sustained at a price of $0.2 till the end of the year. In the first days of January, the price started to rise a little.

Analyzing the Loopring price chart, LRC is very likely to gradually increase in the near future. 

Loopring Technical Analysis

Despite the fact that 100% accurate technical analysis for Loopring cryptocurrency is hardly possible, on this advanced technical analysis tool by TradingView you can see the real-time aggregated LRC buy-and-sell rating for selected timeframe. The summary for LRC/USD is based on the most popular technical indicators — Moving Averages, Oscillators and Pivots.

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Loopring Price Prediction

Below we have collected the most reliable price projections for Loopring (LRC) from popular forecast platforms.

Loopring Price Predictions Summary

Year
Average Price
Avg. Price / Pot. ROI
Potential ROI
2024
$0.50139021
53%
53%
2025
$0.15795207
-54%
-54%
2026
$0.27874800
-18%
-18%
2027
$0.28746094
-18%
-18%
2030
$0.31117481
-12%
-12%

Loopring Price Prediction for 2024

As for Loopring price predictions for 2024, there are divergent opinions. TradingBeast expects an upturn towards $0.4984, and WalletInvestor echoes with ~$0.663 by the year’s end. Other experts, for example, from PricePrediction.net, are more pessimistic about Loopring’s future price, citing numbers downwards of $0.1818 in December.
Potential ROI: 53% Buy

Loopring Price Prediction for 2025

In their Loopring price predictions for 2025, WalletInvestor forecasts the coin’s price to go down to $0.0298 by December. Forecasting Loopring future, PricePrediction.net expects further decrease of its price, too, saying the Loopring price will reach ~$0.01173 by that time. On the contrary, TradingBeast keeps predicting Loopring price growth, quoting prices around ~$0.3635 in 2025.
Potential ROI: -54% Sell

Loopring Price Prediction for 2026

Loopring price predictions for 2026 are still predominantly negative, with some analysts promising prices in the $0.0256–$0.2609 range (WalletInvestor, TradingBeast), while PricePrediction.net takes a different view and cites the possibility of the price reaching $0.4368 in December 2026.
Potential ROI: -18% Sell

Loopring Price Prediction for 2027

TradingBeast has only pessimism in store for the 2027 Loopring price prediction, valuing Loopring at $0.2316 by the end of 2027. WalletInvestor agrees with a negative forecast and predicts, in turn, $0.0137 for the same period. On the other hand, PricePrediction.net’s team is more optimistic — their Loopring price prediction for December of this year is just $0.4749.
Potential ROI: -18% Sell

Loopring Price Prediction for 2030

Speaking of long-term Loopring price predictions for 2030, experts present two polar opinions. TradingBeast expresses the view that Loopring price won’t grow further and, opposedly, will decline to $0.2668. WalletInvestor’s price prediction for Loopring echoes with the projection of a downtrend to $0.003151. Despite this, PricePrediction.net’s vision remains positive, promising growth up to $0.5072.
Potential ROI: -12% Sell

Author

June Katz
June Katz is a writer who is really interested in finance, trading, blockchain, and tech. As a SwapSpace author, she enjoys making content about crypto and other related topics.

Summary

As it can be clear from the analysis cited above, Loopring (LRC) projections are rather contradictory. There is no universal consensus either about positive or negative future LRC price movements. Indeed, the future possible growth depends on various factors: announcements, new technological solutions of the Loopring projects, the crypto environment in general, legal position, and so on. We kindly remind you that before investing in any cryptocurrency, it is essential to do your own research (DYOR).
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Disclaimer: This article should not be considered as offering trading recommendations. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor should research multiple viewpoints and be familiar with all local regulations before committing to an investment.

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