Loom Network Achieves Market Cap of $64.17 Million (LOOM)

Loom Network (LOOM) traded up 1.2% against the dollar during the 1-day period ending at 13:00 PM ET on October 27th. One Loom Network token can currently be purchased for $0.0518 or 0.00000076 BTC on popular cryptocurrency exchanges. Over the last week, Loom Network has traded 8.8% lower against the dollar. Loom Network has a market capitalization of $64.17 million and approximately $2.36 million worth of Loom Network was traded on exchanges in the last 24 hours.

Here’s how other cryptocurrencies have performed over the last 24 hours:

• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded up 1% against the dollar and now trades at $67,548.23 or 0.99800102 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 1% against the dollar and now trades at $67,439.81 or 0.99639926 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Loom Network Token Profile

Loom Network launched on March 3rd, 2018. Loom Network’s total supply is 1,300,000,000 tokens and its circulating supply is 1,239,270,898 tokens. The Reddit community for Loom Network is https://reddit.com/r/loomnetwork and the currency’s Github account can be viewed here. Loom Network’s official Twitter account is @loomnetwork and its Facebook page is accessible here. Loom Network’s official message board is medium.com/loom-network. Loom Network’s official website is loomx.io.

According to CryptoCompare, “Loom Network (LOOM) is a blockchain-based platform for developers to easily create and deploy decentralized applications (dApps). Founded in 2017 by experienced developers, Loom Network offers a variety of tools and services to build scalable and interoperable dApps. The platform also enables the creation of non-fungible tokens (NFTs) and has been used for creating games and other applications in the blockchain ecosystem.”

Loom Network Token Trading

It is usually not possible to purchase alternative cryptocurrencies such as Loom Network directly using U.S. dollars. Investors seeking to trade Loom Network should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Loom Network using one of the aforementioned exchanges.

LOOM/USD price chart by TradingView