Loopring’s price has increased by 12%, indicating potential for more gains. Daily trading volume surged by 2,383%, enhancing market interest in LRC as it reached $332 million within 24 hours, more than doubling its market cap of $136.15 million.
A breakout from a triangle pattern signifies bullish momentum for Loopring. On-chain metrics, including active addresses and rising transaction volume, reinforce confidence in LRC’s prospects, especially as trading activity escalates on exchanges like Bithumb and Binance.
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