LOOPRING: NEW DEVELOPMENTS = 29.63% PROFIT!!!Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 25th of April 2018.
Using this buy in point and selling at today's price, you would have expected to net 29.63% PROFIT!!!
The increase in price may also be explained by positive developments including:
8 April: Loopring gets listed on Bitfinex.
12 April: Deployment of LRN (Loopring’s protocol token on NEO) on the NEO blockchain, with NEO working on ways in which to allow LRC holders to recieve their LRN.
19 April: Potential partnerships with xGoogle Blockchain Alliance (GBA) which involves the incubation of high quality blockchain projects by ex-Googlers.
20 April: Loopr beta2 wallet opens for public testing. Its trading features were available to Ethereum addresses with 10K or more LRC.
20 April: Loopring partnered with gate.io, GEX, SYEX, IDAX, and Bitpaction to list LRN, Loopring’s protocol on NEO, on May 1st.
23 April: Loopring's wallet (Loopr2) test's coming to the final stage.
26 April: Loopring publishes update on LRN Airdrops to detail our the LRN airdrop plan.
29 April: Loopring finalises the timeline to distribute LRN to private investors and LRC token holders. Private investors will receive 20% of their LRN on May 1st, 40% on July 1st, and 40% on Sept 1st; LRC token holders will receive LRN airdrops on July 5th, Sept. 5th, and Nov. 5th.
These factors have together with the substantial increase in trading volume have led to Loopring's increase in price. Most of the trading volume is coming from Chinese and Korean exchanges accounting for 100% of all trading volume.
