Loom Network (LOOM) Market Cap Hits $74.72 Million

Loom Network (LOOM) traded up 4.9% against the dollar during the one day period ending at 12:00 PM Eastern on January 25th. One Loom Network token can now be purchased for $0.0601 or 0.00000057 BTC on popular cryptocurrency exchanges. Loom Network has a market cap of $74.72 million and approximately $3.31 million worth of Loom Network was traded on exchanges in the last day. Over the last seven days, Loom Network has traded 1.4% lower against the dollar.

Here’s how related cryptocurrencies have performed over the last day:

• 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 down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher 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.
• SolvBTC (SOLVBTC) traded down 1.1% against the dollar and now trades at $104,540.24 or 0.99921023 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 0.6% lower against the dollar and now trades at $104,033.10 or 0.99436300 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Loom Network Token Profile

Loom Network’s genesis date was March 3rd, 2018. Loom Network’s total supply is 1,300,000,000 tokens and its circulating supply is 1,242,920,898 tokens. The Reddit community for Loom Network is https://reddit.com/r/loomnetwork and the currency’s Github account can be viewed here. The official website for Loom Network is loomx.io. Loom Network’s official message board is medium.com/loom-network. Loom Network’s official Twitter account is @loomnetwork and its Facebook page is accessible here.

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.”

Buying and Selling Loom Network

It is usually not presently possible to purchase alternative cryptocurrencies such as Loom Network directly using US dollars. Investors seeking to acquire Loom Network should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Coinbase or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Loom Network using one of the exchanges listed above.

LOOM/USD price chart by TradingView