Liquity USD (LUSD) Achieves Market Cap of $173.72 Million

Liquity USD (LUSD) traded 0.5% lower against the US dollar during the one day period ending at 22:00 PM Eastern on January 24th. One Liquity USD token can currently be purchased for approximately $1.01 or 0.00004472 BTC on cryptocurrency exchanges. During the last week, Liquity USD has traded down 0.9% against the US dollar. Liquity USD has a total market cap of $173.72 million and $1.87 million worth of Liquity USD was traded on exchanges in the last 24 hours.

Here’s how similar cryptocurrencies have performed during the last 24 hours:

  • Aidi Finance (BSC) (AIDI) traded down 9% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Zoo Token (ZOOT) traded 4.3% lower against the dollar and now trades at $0.0590 or 0.00000261 BTC.
  • CareCoin (CARES) traded down 4.3% against the dollar and now trades at $0.0732 or 0.00000324 BTC.
  • OmniaVerse (OMNIA) traded 43.4% lower against the dollar and now trades at $0.0020 or 0.00000009 BTC.
  • Kitty Inu (KITTY) traded 4.3% lower against the dollar and now trades at $90.62 or 0.00400651 BTC.
  • Lunar (LNR) traded 5.1% higher against the dollar and now trades at $0.0286 or 0.00000127 BTC.
  • Hokkaidu Inu (HOKK) traded down 2.8% against the dollar and now trades at $0.0005 or 0.00000002 BTC.
  • QANplatform (QANX) traded 4.3% lower against the dollar and now trades at $6,361.15 or 0.28122715 BTC.
  • 2G Carbon Coin (2GCC) traded down 0.3% against the dollar and now trades at $135.02 or 0.00596925 BTC.
  • Lego Coin (LEGO) traded down 1.2% against the dollar and now trades at $0.0398 or 0.00000176 BTC.

About Liquity USD

Liquity USD was first traded on April 4th, 2021. Liquity USD’s total supply is 172,077,380 tokens. Liquity USD’s official Twitter account is @liquityprotocol and its Facebook page is accessible here. The official website for Liquity USD is www.liquity.org. The Reddit community for Liquity USD 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 draw interest-free loans against Ether used as collateral. Loans are paid out in LUSD (a USD pegged stablecoin) and need to maintain a minimum collateral ratio of 110%.In addition to the collateral, the loans are secured by a Stability Pool containing LUSD and by fellow borrowers collectively acting as guarantors of last resort.”

Buying and Selling Liquity USD

It is usually not possible to purchase alternative cryptocurrencies such as Liquity USD directly using U.S. dollars. Investors seeking to acquire Liquity USD should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Liquity USD using one of the exchanges listed above.

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