Loopring (LRC) price surges by 50% after GameStop NFT marketplace integration By Cointelegraph

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Filling multiple needs within the cryptocurrency community is one way a project can set itself apart from the competition and new attract users and liquidity to its ecosystem.

Loopring aims to do exactly this by aiming to offer a EVM-based solution with low fees where DeFi and NFT developers and investors can transact. The layer-two (L2) scaling solution utilizes zk-Rollups to provide fast, low-cost transactions and the project has been gaining traction throughout the month of March.

LRC/USDT 4-hour chart. Source: TradingView
Total number of Loopring wallets. Source: Dune Analytics
Loopring volume traded per pair per day. Source: Dune Analytics
VORTECS™ Score (green) vs. LRC price. Source: Cointelegraph Markets Pro