Liquity (LQTY) Price Tops $0.80 on Major Exchanges

Liquity (LQTY) traded 7.5% lower against the U.S. dollar during the one day period ending at 7:00 AM Eastern on October 10th. One Liquity token can now be bought for approximately $0.80 or 0.00001303 BTC on major exchanges. Over the last week, Liquity has traded 0.3% lower against the U.S. dollar. Liquity has a market capitalization of $74.50 million and $20.87 million worth of Liquity was traded on exchanges in the last 24 hours.

Here is how related cryptocurrencies have performed over the last 24 hours:

• 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 down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher 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 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded 3.3% higher against the dollar and now trades at $0.0512 or 0.00000084 BTC.
• P2P Solutions foundation (P2PS) traded down 1.2% against the dollar and now trades at $155.46 or 0.00254452 BTC.

About Liquity

Liquity’s launch date was October 15th, 2020. Liquity’s total supply is 100,000,000 tokens and its circulating supply is 93,556,083 tokens. The official message board for Liquity is medium.com/liquity. The Reddit community for Liquity is https://reddit.com/r/Liquity and the currency’s Github account can be viewed here. Liquity’s official Twitter account is @liquityprotocol and its Facebook page is accessible here. The official website for Liquity is www.liquity.org.

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 purchase alternative cryptocurrencies such as Liquity directly using US dollars. Investors seeking to trade Liquity should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Liquity using one of the aforementioned exchanges.

LQTY/USD price chart by TradingView