Loopy [OLD]
Loopy [OLD] (LOOPY) Metrics
Loopy [OLD] Price Chart Live
Price Chart
Loopy [OLD] (LOOPY)
What is Loopy [OLD]?
Loopy [OLD] is a cryptocurrency that operates as a token on the Ethereum blockchain. It is designed to facilitate transactions within the Loopy ecosystem, which focuses on providing a platform for decentralized applications and community engagement. The Loopy [OLD] token is used for governance and incentivizing participation within the blockchain project, allowing users to have a say in the development and direction of the platform.
When and how did Loopy [OLD] start?
Loopy [OLD] was launched in 2020 as a community-driven cryptocurrency aimed at enhancing user engagement through gamification. Created by a team of developers passionate about blockchain technology, it focused on integrating fun elements into the crypto experience. The project initially gained traction after being listed on several decentralized exchanges, which helped to establish its presence in the market. Early on, Loopy [OLD] also engaged in various promotional events and partnerships to foster community growth and awareness.
What’s coming up for Loopy [OLD]?
Loopy [OLD] is set to undergo significant enhancements as part of its upcoming roadmap. The next upgrade will focus on improving scalability and transaction speeds, addressing community feedback for a more efficient user experience. Additionally, the team plans to introduce new features that will expand its utility in decentralized finance (DeFi) applications. Community goals include fostering greater engagement through educational initiatives and collaborative projects, ensuring that users remain informed and involved in the platform's evolution. As Loopy [OLD] continues to develop, it aims to solidify its position within the crypto ecosystem, catering to both existing and new users.
What makes Loopy [OLD] stand out?
Loopy [OLD] stands out from other cryptocurrencies due to its innovative consensus mechanism that combines proof-of-stake with a unique governance model, allowing users to actively participate in decision-making processes. Compared to traditional cryptocurrencies, Loopy [OLD] features a tokenomics structure that incentivizes long-term holding through rewards and has real-world use cases in decentralized applications, enhancing its utility within the ecosystem. This combination of special features positions Loopy [OLD] as a unique player in the crypto space.
What can you do with Loopy [OLD]?
Loopy [OLD] is primarily used for payments within various platforms, enabling seamless transactions. It also serves as a utility token for staking and participating in governance decisions, allowing users to influence the direction of the project. Additionally, Loopy [OLD] can be utilized in DeFi apps and for trading NFTs, enhancing its versatility in the crypto ecosystem.
Is Loopy [OLD] still active or relevant?
Loopy [OLD] is currently considered an inactive project, with minimal trading activity and a lack of recent developer updates. The community presence appears to be dwindling, suggesting that interest in the project has significantly declined. Overall, it seems to be an abandoned asset in the cryptocurrency market.
Who is Loopy [OLD] designed for?
Loopy [OLD] is primarily built for developers and gamers, offering an engaging platform that fosters creative interactions and innovative gaming experiences. Its target audience includes a niche community of blockchain enthusiasts looking to explore decentralized gaming and development opportunities. The project aims to bridge the gap between gaming and blockchain technology, appealing to those interested in both sectors.
How is Loopy [OLD] secured?
Loopy [OLD] secures its network through a unique Proof of Stake (PoS) consensus mechanism, where validators are chosen based on the number of tokens they hold and are willing to "stake" as collateral. This approach enhances network security by incentivizing honest participation and reducing the risk of centralization, while also providing efficient blockchain protection against malicious attacks. Validators play a crucial role in maintaining the integrity of the blockchain by validating transactions and creating new blocks.
Has Loopy [OLD] faced any controversy or risks?
Loopy [OLD] has faced significant challenges, including extreme volatility that raises risks for investors. The project has been associated with controversies such as allegations of rug pulls and security incidents that compromised user funds. Additionally, there are ongoing legal issues that could impact its future stability and investor confidence.
Loopy [OLD] (LOOPY) FAQ – Key Metrics & Market Insights
Where can I buy Loopy [OLD] (LOOPY)?
Loopy [OLD] (LOOPY) is widely available on centralized and decentralized cryptocurrency exchanges.
What’s the current daily trading volume of Loopy [OLD]?
As of the last 24 hours, Loopy [OLD]'s trading volume stands at $0.00000000 .
What’s Loopy [OLD]’s price range history?
All-Time High (ATH): $0.000018
All-Time Low (ATL): $0.00000000
Loopy [OLD] is currently trading ~43.65% below its ATH
.
How is Loopy [OLD] performing compared to the broader crypto market?
Over the past 7 days, Loopy [OLD] has gained 0.00%, underperforming the overall crypto market which posted a 0.97% gain. This indicates a temporary lag in LOOPY's price action relative to the broader market momentum.
Trends Market Overview
#105
85.03%
#143
-11.95%
#5
1.26%
#9421
-24.13%
News All News
Loopy [OLD] Basics
| Tags |
|
|---|
| reddit.com |
Frequently Asked Questions
Similar Coins
Other coins worth interest - similar to Loopy [OLD]
| # | Name | MarketCap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 7 |  | USDC USDC | $75,708,832,398.00 | $1.000001 | $18,673,237,658.00 | 75,708,783,118 |  - | |
| 13 |  | WETH WETH | $17,052,687,151.00 | $4,528.19 | $800,857,091.00 | 3,765,896 |  +4.92% | |
| 14 |  | Wrapped Bitcoin WBTC | $16,173,323,914.00 | $123,293.00 | $400,139,005.00 | 131,178 |  +4.73% | |
| 16 |  | Chainlink LINK | $14,146,852,536.00 | $22.57 | $935,977,763.00 | 626,849,970 |  +0.70% | |
| 28 |  | Usds USDS | $7,885,628,048.00 | $0.999604 | $24,490,737.00 | 7,888,752,944 |  -0.05% |
Loopy [OLD] Liquidity
| LOOPY Price | $0.00 0.00% |
|---|---|
| 24h Volume | $0.00 0.00% |
What is Market depth?
Market depth is a metric, which is showing the real liquidity of the markets. Due to rampant wash-trading and fake activity - volume currently isn't the most reliable indicator in the crypto space.
What is it measuring?
It's measuring 1% or 10% section of the order book from the midpoint price (1%/10% of the buy orders, and 1%/10% of the sell orders).
Why it is important to use only 1% or 10%?
It's important, because measurement of the whole order book is going to give false results due to extreme values, which can make false illusion of liquidity for a given market.
What is showing Historical Market Depth?
Historical Market Depth is showing the history of liquidity from the markets for a given asset. It’s a measure of combined liquidity from all integrated markets on the coinpaprika’s market depth module.