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ELI5 - what’s the current state of Loopring?
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I first invested in Loopring about a year ago when the first mention of their partnership with GameStop leaked. I steadily put more money in it over the course of the year as it began to pick up traction. I’ve been really intrigued by the tech behind the coin and the associated DEX but lately it feels like the dust has settled and the Loopring hustle has slowed to a standstill.

Granted I haven’t been keeping as updated with crypto news as I used to but is there anything I’m missing? Obviously I’ve bet on Loopring for a reason, and I do still see it’s relevance but what’s been going on? Is the coin on the decline? The only updates I’ve seen are in regards to Loopheads and tbh, while I can see the appeal, they are overall of little interest to me compared to other Loopring projects/utilization.

Can someone please explain like I’m 5 the latest news on Loopring, what, if anything, is in the works and what one can still expect to see down the road?

Thanks in advance!

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2 years ago