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Loopring bull market cycles - historical perspective of LRC bull runs
In this overview, we will show the previous bull runs of the Loopring cryptocurrency, including statistical analysis of LRC returns during previous bull runs.
|Symbol||Price (USD)||Price change (1d)||Price change (1 week)||Sentiment||Sentiment change (1d)||Sentiment change (1 week)||Tweets volume change||Trading volume change||Volatility||MarketCap|
A bull market is a period of general rising prices in the crypto, stock or any other financial market.
A bull market is typically preceded by a bear market and followed by a bear market.
We define a bull market as appreciation of price by more than 30% and bear market a period when the prices fall by more than 30%.
Loopring has experienced 20 bull markets in the past, see chart below:
What is Loopring biggest bull run ?
Loopring biggest bull run started on Oct 30th, 2017 and ended on Jan 9th, 2018, lasting for 71 days..
During this time, the price of Loopring increased from 0.1611 USD to 2.4042 USD, resulting in a return of 1392.0 %.
Average compounded daily increase of price during this period was 3.88% / day.
What is Loopring 2nd biggest bull run ?
Loopring 2nd biggest bull run started on Mar 13th, 2020 and ended on Sep 18th, 2020, lasting for 189 days.
During this time, the price of Loopring increased from 0.0244 USD to 0.2627 USD, resulting in a return of 978.3 %.
Average compounded daily increase of price during this period was 1.27% / day.
What is Loopring 3rd biggest bull run ?
Loopring 3rd biggest bull run started on Sep 29th, 2021 and ended on Nov 25th, 2021.
During this time, the price of Loopring increased from 0.3510 USD to 3.4103 USD, resulting in a return of 871.5 %.
Average compounded daily increase of price during this period was 4.07% / day.
Returns of previous Loopring bull runs
In the following table you can see the previous LRC bull runs, in which period they occurred and what were the returns achieved during each bull run:
|Start Date||End Date||Start Price||End Price||Return (%)|
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Bull and bear markets of Loopring
See Loopring past bull and bear markets in the chart below:
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