Earlier today, Liqwid Labs made an exciting announcement on Twitter regarding their Total Value Locked (TVL) project. The post revealed that Liqwid Labs has impressively surpassed $10 million in TVL, making it the Cardano protocol with the highest increase. This achievement is a testament to the team’s hard work and dedication to the project’s success.
In their recent post, the Liqwid team expressed their gratitude towards their community for their unwavering support. Additionally, the team shared their ambitious goal of surpassing a TVL of $100 million and beyond, which the development team is currently focused on achieving.
Despite the recent announcement from the Liqwid team, the cryptocurrency LQ continues to experience a decline in value. As reported by CoinMarketCap, LQ is currently trading at $3.74, representing a 13.02% drop in price over the last 24 hours. Crypto fluctuated between a high of $4.37 and a low of $3.58 during this period.
Unfortunately, LQ has experienced a decline of 12.31% against Bitcoin (BTC) and 11.10% against Ethereum (ETH) during this period. Regrettably, the situation does not improve for LQ’s weekly performance. LQ has suffered a significant drop of over 50% in the last seven days.
LQ’s trading volume has taken a dip and currently sits in the red zone, with a 37% decrease since yesterday, resulting in a 24-hour trading volume of $404,377. Regarding market capitalization, LQ is currently ranked as the 2991st largest cryptocurrency, with a market cap of $1,363,647. Positioned just behind Unipilot (PILOT) and ahead of OctaSpace (OCTA), LQ continues to professionally navigate the ever-changing crypto landscape.
Disclaimer: The insights, perspectives, and data presented in this price analysis are published in good faith. Readers must conduct their own research due diligence. Any decision made by the reader is solely their responsibility, and Crypto Outlooks shall not be held responsible for any consequential or incidental harm or loss.
