Learn More About Loopring And Our LRC Price Forecast
Want to find out the Loopring Price Prediction for 2023, 2024, 2025, all the way to 2030?
We provide crypto price predictions by gathering a combination of time series data, media news, regulator activities, coin events, trading volumes on exchanges, and general statistics.
Most of our predictions/price forecasts range from 2023 to 2030, which we try to update regularly.
Additionally, you can read more below for the Loopring Price Analysis, LRC Price Chart, and our overview of the crypto.
Finally, you can leave YOUR price predictions for each crypto in the comment box below the page!
|LATEST UPDATE: 03/07/2022|
Loopring History (About LRC)
Loopring, also known by the ticker LRC, is a platform that combines Ethereum smart contracts and Zero-Knowledge circuits to bring forward a platform that is both scalable and secure.
Falling somewhere between a DEX and AMM, it acts as a hybrid between a decentralized exchange and an automated execution system to ensure that market pairs are always online and fully liquid.
Given the importance of DeFi to the 2021 crypto bull run, it is no surprise to discover that Loopring, being a DeFi product with a new take on how to keep markets operational 24/7, naturally saw quite a boost during the last bull cycle.
How good, you ask? Well, let’s get into it.
Loopring Price Analysis
Initially launching in October 2017, Loopring has been around long enough to catch the end of the last bull cycle in addition to all of this one.
Coming to market at around $0.16, by January 2018 had soared to as high as $2.40 Unfortunately for those who invested during the 2017 bull run, they would be waiting a long time to see any return on their investment, as afterward, LRC would fall to as low as $0.019 by December 2019.
Slowly, things began to change in January 2021.
Starting 2021 at $0.17, it had managed to climb back to $0.83 by February.
Another prolonged dip would follow; however, come October, LRC would skyrocket from $0.43 to an all-time high of $3.75 by the end of November.
However, the time since hasn’t been too kind to crypto, and accordingly, LRC currently trades around $0.78.
Despite being quite the wild ride, LRC would have offered investors who got in near the all-time low and sold near the all-time high an ROI of nearly 20,000%.
Yet, without that the way, how is LRC looking for the rest of 2022 and beyond?
Loopring Price Prediction/LRC Price Forecast for 2023, 2024, 2025 AND 2030
We predict future Loopring short & long-term price predictions/LRC price forecasts at cryptopredictpro.com using deep artificial intelligence-assisted technical analysis on Loopring price data from the past. We work hard to collect as much historical data for the LRC coin as possible, including multiple parameters such as past price, Loopring market cap, LRC volume, and a few others. Read our predictions if you want to invest in digital cryptocurrencies and get a good return on your investment. Additionally, if you want to see Loopring price analysis charts, historical data, and more, click here!
Loopring Price Prediction 2022 (LRC Forecast)
Looking at the daily chart, we see a mixed picture.
Currently, LRC floats between the positive and negative sides of its MACD and MA Cross, in addition to trading around its 20-day RMA.
Therefore, suggesting that the market hasn’t fully decided how to feel about Loopring with any conviction.
Naturally, there could be many reasons for that in the present moment: fears of inflation, an ongoing pandemic, and a war in Ukraine.
Given all the global macro factors at play, at least at this precise moment, it’s not too surprising that the markets are uncertain and appear to be unsure if these macro factors are good or bad for crypto.
Consequently, our analysts believe Loopring could reclaim somewhere around $1.25, but equally, our analysts could also see it dropping to as low as $0.50, and perhaps even both before the year ends.
Loopring Price Prediction 2023 (LRC Forecast)
If history is anything to go by, 2023 is currently just as uncertain as 2022.
Historically, the year before a Bitcoin halving is usually a lackluster year for the crypto markets as a whole.
Assuming this holds, we may see LRC slide down to as low as $0.40, where it has found support previously.
Loopring Price Prediction 2024 (LRC Forecast)
Moving into 2024, predictions currently forecast a return to green days beginning at some point throughout this year.
Does that mean LRC will be selected early by investors for the potential incoming price rally?
Our analyst believes it is possible, providing DeFi is still offering absurd levels of returns on yield farming.
However, as competitors exist, it is no guarantee LRC will be the DEX or AMM of choice.
Accordingly, our analysts predict a price surge between $1.20 and $3.60 during this time.
Loopring Price Prediction 2025 (LRC Forecast)
Furthermore, as the subsequent bull run reaches its apex, we may see Loopring climb as high as $7.50.
While this may initially seem bullish, for context, a $7.50 LRC token would only have the same market cap as Dai, or 19th place by market cap in February 2022.
Therefore, we do not believe this to be an unrealistic expectation for LRC, especially if it becomes one of the premiering DEXs due to its novel approach AMM.
Loopring Price Prediction 2026 (LRC Forecast)
Unfortunately, as we progress into 2026, we do not predict the good times to last forever.
Eventually, prices will begin to give way to a recession, and in its wake, we may see prices fall to around $5.
Loopring Price Prediction 2027 (LRC Forecast)
Likewise, in 2027, if history continues to repeat, we predict a further slight fall in Loopring’s valuation, perhaps falling to as low as $4.50 during this time.
Loopring Price Prediction 2028 (LRC Forecast)
Progressing into 2028, if the Bitcoin halving still stimulates the market as it has done previously, we believe the markets will reverse course during this period.
Consequently, we believe Loopring may climb to as high as $8 as the market begins to recuperate.
Loopring Price Prediction 2029 (LRC Forecast)
Moving into 2029, we can see LRC reach as high as $24 during its peak.
Again, this may seem bullish until you appreciate a $24 Loopring token is only equivalent to Cardano or 9th place by market cap in early 2022.
Naturally, given the time between now and then, we do not believe this to be an unreasonable target for Loopring.
Loopring Price Prediction 2030 (LRC Forecast)
Finally, in 2030, we believe LRC’s price will consolidate to around the $15 region as the markets enter another recession.
Loopring (LRC) Price Prediction Chart
|Year||Predicted Year Low||Predicted Year High|
Loopring (LRC) Overview
|Based On||DEX Platform backed by Ethereum|
|Wallets||The Loopring Wallet,|
Lumi Wallet, Ledger,
As a company that looks to keep DeFi markets open and operational 24/7, we believe there is a lot more room for this platform to grow, even with an array of stiff competition.
Currently, it seems unlikely that crypto is a zero-sum game with only one winner.
Consequently, we feel there is enough interest in the market overall to support multiple DeFi platforms.
Meaning, should management behind the company navigate itself successfully through any turbulent waters, we believe it is likely that Loopring as a platform will be with us for many more years to come.
We give Loopring 3.5 stars out of five. What is your price prediction for LRC? Leave your rating and comments below!
1. What do we expect the highest price forecast for Loopring to be for the year 2022?
We expect the Loopring price to reach a maximum level of $1.267 in 2022.
2. How high can the price of LRC go?
In 2026, we estimate that the coin will easily reach around the $5.11 mark. However, in 2029, our LRC Price Prediction for 2029 is $24.04, which we believe will be its highest peak.
3. How much will Loopring be worth in 2030?
Our LRC price prediction for 2030 is around the $15.14 mark.