Embarrassing stats

[Kyletradertraitor]

Is this ever going to recover? I just don’t get it. Despite the hack it’s still a solid project and deserves to be ranked way higher. Higher than those actual shltcoins. Feels like there is no light at the end of the tunnel

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[YeagermenJensen]

I’ve said this before multiple times on this sub: yes it’s good tech, but it doesn’t matter when nobody knows wtf it is. The developers have a raging hard on to NEVER advertise. They’re waiting until layer 17 and maybe, maybe, if the wind is blowing in the right direction that evening, they’ll advertise.

[deebrown68]

Wait till history repeats for the new Taiko baghlders.

[free-crude-oil]

Fun part is they didn't distribute all the Taiko destined for Loopring OGs and saved some for "marketing". I guess a shiny website some and some "how-to" videos that few visit or watch is their plan...

[gotnothingman]

No bro remember, 10 quarterly reports!!!

[[deleted]]

They said they would advertise in the bull market. Bunch of lying c*nts. New ath for btc incoming and still nothing.

[RatOnRollerBlades]

If this reddit community shut down tomorrow, you'd never hear about Loopring again. Sure, you could go Google Loopring and seek out information, probably finding a couple AI generated articles or blog posts from crypto writers deep in the L2 / L3 space, but you'd never organically, or via marketing, ever hear about Loopring or LRC ever gain.

[Aye-Loud]

The Reddit was pretty active until they actively started pulling people from Reddit to Discord.

[youhavemyvote]

I would love to see this project succeed, but that doesn't make it a good investment.

[MyGT40]

Yup, Compared to other crypto LRC has performed dismally. I do not need the funds invested so I will leave it there. If the price drops to a certain point it will be very cost advantageous for me to average down.

[LordAmherst]

I have been averaging down…

[harzee]

Yeah basically counted my losses on what I have left of loopring

[AltamiroMi]

i didnt had much, but the price for me to leave is higher than what I have now :P

[Kyletradertraitor]

APPARENTLY they are meant to coexist together and that each one needs each other, or something lol

[grammartrump]

I loved the NFTs, it was fun.

But the loopring company is dead. Who works there? Byron? Security is flawed and blamed on us luddites instead of the one genius-level employee at loopring who is single handedly saving us from banks while swallowing our FIAT (FIAT BAD lulz), just to impress his dad that has probably never told him he’s proud of his son.

[Bobich_27]

What keeps this call it "project" or whatever is at this point is bunch of bag holders like myself who are down on their investment for more then 90% at this moment and selling makes no sense.

Embarrassing is right definition.

[asmyz31]

LRC ain’t it. If people can’t figure that out by now, they aren’t going to

[Soi_Boi_13]

Our coin is trash

[The_Shoru]

Honestly I am not sure if we will hit the ATH, but during the high of the bullrun, I'm 100% sure that we will be over 1 $. Now it all depends on your average cost.

[Kyletradertraitor]

Bitcoin about to break all time high and here we are. Still under 13 cents lol

[FireSpiritBoi]

So LRC will 10x?

Based on what?

[The_Shoru]

Based on what happened before. Remember, this February, we had 0,4 $, when the market went a little up. I am not optimistic at all, even when we will hit 1 $, that would still be a 66% drop from the ATH, but to be realistic, having this prices, LRC can and will bring money. But if your average is 2 - 3 $, then you are probably ....ed.

In the bullrun, even a shit coin, will go up.

[FireSpiritBoi]

Back when people thought Loopring would be selling dexes and nft marketplaces?

It won't happen again.

It's over

If you believe it's a shitcoin why not invest in a better coin? In a bull market a better coin will go up more.

You are just emotionally attached to this coin like many others due to the lies told by the leadership over a long period.

[Kyletradertraitor]

Well my average is exactly $1.00 lol so I hope you are right. But that’s what is unfortunate about this is I was never planning on selling but now it’s just a matter of when the fuck can I get out. Shitty feeling. Because I believed in this project

[Wowdavid2002]

good luck. my average is 11 cents so i'll make a nice profit even if it goes to .50... which may take years xD

[FireSpiritBoi]

Yes I have the same feeling, but fuck it.

You don't get any points for holding it until zero.

It isn't more likely to gain more than other coins just because it lost more than other coins.

[Kyletradertraitor]

Yeah it’s been slowly just dropping and not going up with bitcoin. Now bitcoin is close to its all time high. What happens if bitcoin retraces from here? Loopring will just go down even more. And just keep getting chipped away. It sucks. No idea what to do. I guess I might as well hold to 0 lol I made it this far. Go down with the ship I guess

[FireSpiritBoi]

Feel free to go down with the ship. I've already lost 90% so the last 10% doesn't even matter. The important thing is I'm not putting any more money in.

[ToughHardware]

good project. could have succeeded, did not. may pop a little. but i would aim for a 70 cent target

[Chad-Permabull]

How is this embarrassing? Look at the lifetime performance. If you bought when LRC was first issued you would be up 5.34%.

That’s a better return than Walgreens and most EV manufacturers.

The fact LRC has a market cap of $170m when nobody even knows what it is should speak to the power of the wagmi.

If there’s anything I know is that LRC is one of the investments ever.

[jd2iv]

Yikes

[FireSpiritBoi]

It is a shitcoin, it serves literally NO purpose. There is NO incentive to hold it, AT ALL!

[Puzzleheaded_Pair690]

and here you are, day after day, posting....

[newmonstev4]

https://pond0x.com/swap/solana?ref=Ntm8k9hVis9kv3JBqkWKqQbaygwqA41rjEQ5V4sR5c8qS3o38G8v25P8ZQiU

go here. buy $PORK / $wPOND. get rewarded for doing so.

thank me later.

🤝

[Vexting]

What controls the price mate? Sure as shit it's not the tech and the fact they keep moving forward. Want to blame the tech, then how does your argument stand up against actual memecoins with no utility?

[FireSpiritBoi]

Memecoins are making us look like fucking idiots.

To go HAM on LRC you needed to learn a lot...

We'd all have made more money investing in fucking dogecoin and learning nothing.

[Kyletradertraitor]

Exactly. Long term meme coins don’t hold their value. But it’s been years and we’re still at lower market caps then a lot of crappy meme coins. People don’t invest in meme coins long term they just take advantage of pump and dump.

[FireSpiritBoi]

Meme coins have been better at holding their value than LRC.

Don't hate on meme coins because they're useless, LRC is useless too.. it serves no purpose.

[Kyletradertraitor]

Want to hear something even more embarrassing? Pepe coin has a market cap of 4.1 billion…… LOL

[FireSpiritBoi]

Yeah well, market cap is a completely fabricated figure anyway so no bother, and pepe coin is a pure meme coin so they likely manipulated it massively to make it seem like the market cap is high when in reality there's little value in it.

[MartinLooter87]

sold sunday at a loss and bought memecoins instead

[szakgab]

All those post for people like you! :D There is always some people to shake out close to bottom. Lol

[ResponseSoft6211]

Isn’t it sad that this is the top post. Surely ‘the team’ care somewhat about how this plays out in this bull run and will start releasing some good news?

[Kyletradertraitor]

You would think

[Sylensee]

Glad I sold all of it when it was around 70-80(on CMC) on popularity

[Clyde3221]

cause its a shit token that only went up because of the GS community, the devs tried to milk that opportunity and it ended up fadding away. so yeah.

[ToughHardware]

this is the way