Loom Network Achieves Market Cap of $71.25 Million (LOOM)

Loom Network (LOOM) traded up 5.1% against the dollar during the twenty-four hour period ending at 23:00 PM E.T. on October 23rd. Loom Network has a market capitalization of $71.25 million and $43.82 million worth of Loom Network was traded on exchanges in the last 24 hours. One Loom Network token can now be bought for about $0.0575 or 0.00000085 BTC on major cryptocurrency exchanges. Over the last seven days, Loom Network has traded down 0.2% against the dollar.

Here is how similar 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 down 2.2% 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 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 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.
• MVP Coin (MVP) traded 0% lower against the dollar and now trades at $0.0944 or 0.00000141 BTC.
• P2P Solutions foundation (P2PS) traded down 1.7% against the dollar and now trades at $165.22 or 0.00245466 BTC.

Loom Network Token Profile

Loom Network was first traded 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. Loom Network’s official Twitter account is @loomnetwork and its Facebook page is accessible here. Loom Network’s official website is loomx.io. The official message board for Loom Network is medium.com/loom-network. The Reddit community for Loom Network is https://reddit.com/r/loomnetwork and the currency’s Github account can be viewed 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 Gemini, Coinbase or GDAX. 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