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Why Loopring's Cryptocurrency Is Gaining Today


Loopring (CRYPTO: LRC) is making significant gains in today's trading. The cryptocurrency was up roughly 2.6% over the previous 24-hour period as of 5:30 p.m. ET on Wednesday. Meanwhile, most major cryptocurrencies suffered sell-offs today, with market leaders Bitcoin and Ethereum down roughly 1.1% and 1.3%, respectively. 

The organization published and reposted messages on Twitter today announcing that it was now possible to move the LRC token from centralized exchanges to Loopring's Layer 2 platform and cryptocurrency wallets. One of the tweets announcing the update stated that the feature had been the organization's most requested by far. 

Image source: Getty Images.

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Source Fool.com

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