I'm analysing Loopring coin now and here it is what I'm thinking of:
Actually it is not an old coin. Loopring was first traded on August 1st, 2017. So we can see some potential for sure.
During the last couple of days we can see some invasion:
First of all as I see In the last seven days, Loopring has traded down 36% against the U.S. dollar. In other words we have some drawdown.
Also according to Coinmarketcap Loopring has a market capitalization of $201.00 million and approximately $18.69 million worth of Loopring was traded on exchanges in the last 24 hours.
Summarizing the discussion above the following forecast may be stated:
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