FOX is an Ethereum token that governs ShapeShift, a decentralized exchange . By participating in the ShapeShift DAO (decentralized autonomous organization), FOX holders can vote on future asset integrations, products, and fee structures for the platform.
Read moreWhat is Loopring all time high?
In early January 2018, LRC’s price hit an all-time high of $2.40 , but it fell by 94% over the following seven months. Loopring’s price remained under $0.13 for about two years. In February 2021, LRC reached $0.89 – the highest price seen in almost three years.
Read moreWhat is a coin cap?
It’s calculated by multiplying the number of coins in circulation by the current market price of a single coin. Market capitalization (or market cap) is the total dollar value of all the shares of a company’s stock — or, in the case of Bitcoin or another cryptocurrency, of all the coins that have been mined.
Read moreIs Loopring a Blockchain?
Loopring is classified as a layer 2 blockchain project , designed to handle speedy and low-cost transactions alongside the Ethereum network, which is categorized as a layer 1 blockchain.
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