🚨👀 Loopring ($LRC) awakens and jumps +10%… do you remember when it was the protagonist of the DeFi hype?
$LRC is quoted at $0.0642 (+10.31%), but the most striking thing is not just the percentage, but the candle it left and the volume that came in after weeks of silence.
For the veterans of the market, LRC is not just any token:
👉 It was one of the standards of Layer 2 solutions on Ethereum, a protagonist during the DeFi and NFT boom, and for a time it was on the radar of all the big traders.
Then came the forgetfulness… until today.
📌 What is driving this movement in LRC?
1️⃣ Reactivation of the DeFi / L2 sector — Capital is rotating towards old projects with real fundamentals, and #LRC fits perfectly into that narrative.
2️⃣ Sudden explosion of volume — More than 277M LRC traded in 24h, a clear signal that it is not just an isolated technical bounce.
3️⃣ Aggressive technical breakout — The price rose from $0.0478 and broke through the EMA20 ($0.0551) with a vertical candle that reached $0.0916, showing strong buying interest.
4️⃣ RSI at 61.2 — There is no extreme overbought condition, suggesting that the movement still has room if the volume flow continues.
5️⃣ Nostalgia effect + speculation — Every time an “old acquaintance” moves strongly, the market remembers… and FOMO appears.
💬 In summary:
#loopring reappears on the map just when the market starts to look again at the projects that did survive the previous cycles.
👀 Sometimes it's not about a new token… but about one that has already shown what it is capable of when money starts to circulate again. 🔥