Loom Network Reaches Market Cap of $109.61 Million (LOOM)

Loom Network (LOOM) traded 3.6% higher against the US dollar during the one day period ending at 17:00 PM Eastern on April 27th. One Loom Network token can currently be bought for $0.0895 or 0.00000142 BTC on major exchanges. In the last week, Loom Network has traded up 5.5% against the US dollar. Loom Network has a market cap of $109.61 million and approximately $162.76 million worth of Loom Network was traded on exchanges in the last day.

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

• KILT Protocol (KILT) traded 11.6% lower against the dollar and now trades at $0.28 or 0.00000447 BTC.
• 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 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 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 up 0.4% against the dollar and now trades at $0.0096 or 0.00000015 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 launched on March 3rd, 2018. Loom Network’s total supply is 1,300,000,000 tokens and its circulating supply is 1,224,270,898 tokens. The official website for Loom Network is loomx.io. The official message board for Loom Network is medium.com/loom-network. Loom Network’s official Twitter account is @loomnetwork and its Facebook page is accessible here. 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.”

Loom Network Token Trading

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

LOOM/USD price chart by TradingView