What is Loopring protocol and why is its token LRC scaling new highs? - CNBCTV18

What is Loopring protocol and why is its token LRC scaling new highs?  CNBCTV18Loopring: What Is LRC and How Does It Make Ethereum Gas Fees Cheaper?  MakeUseOfLoopring Wallet Sends LRC Crypto Prices and GameStop Rumors Surging  InvestorPlaceLoopring (LRC) Deserves a New All-time High Even if the Much-hyped Partnership With GameStop (GME) Does Not Materialize  WccftechLoopring Price Analysis: LRC Steady in Nervous Tuesday Trading  InvestingCubeVie