Liquity Market Cap Tops $84.16 Million (LQTY)

Liquity (LQTY) traded 0.9% lower against the dollar during the 24-hour period ending at 12:00 PM ET on June 21st. One Liquity token can now be purchased for $0.88 or 0.00001373 BTC on popular cryptocurrency exchanges. Liquity has a total market cap of $84.16 million and approximately $16.27 million worth of Liquity was traded on exchanges in the last 24 hours. Over the last seven days, Liquity has traded 5.8% lower against the dollar.

Here’s how other cryptocurrencies have performed over the last 24 hours:

• KILT Protocol (KILT) traded up 0.7% against the dollar and now trades at $0.21 or 0.00000332 BTC.
• 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 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 2.1% against the dollar and now trades at $0.0107 or 0.00000017 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Liquity Token Profile

Liquity’s genesis date was October 15th, 2020. Liquity’s total supply is 100,000,000 tokens and its circulating supply is 96,170,601 tokens. Liquity’s official message board is medium.com/liquity. Liquity’s official Twitter account is @liquityprotocol and its Facebook page is accessible here. The official website for Liquity is www.liquity.org. 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 currently possible to buy alternative cryptocurrencies such as Liquity directly using US dollars. Investors seeking to acquire Liquity should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Liquity using one of the aforementioned exchanges.

LQTY/USD price chart by TradingView