$LRC From the daily perspective, it is currently still in the bottom area. The logic of this rebound is actually not complicated: the previous decline was too deep, plummeting from a high point close to 0.047. This kind of overshoot itself has accumulated rebound demand. Additionally, the recent trading volume has significantly increased, and bottom-fishing investors have started to position themselves, pushing up the price.
From a fundamental perspective, the Loopring protocol has recently launched the LRC staking feature, and the community vote has been passed. Increased locked positions mean reduced circulation, which naturally supports the price. At the same time, its supply chain system, in collaboration with Linklogis, has daily processing volumes exceeding 200 million. This is not just empty talk; it is a practical application scenario, and market expectations have risen accordingly.
Furthermore, the sentiment in the entire crypto market has recently warmed up, making those previously oversold varieties more likely to attract capital attention. LRC now has both technical support and enthusiasm, and under the guidance of mainstream coins like $ETH and $SOL , the participation of small coins is indeed increasing.
