Loom Network Market Cap Hits $71.07 Million (LOOM)

Loom Network (LOOM) traded up 4.2% against the dollar during the one day period ending at 19:00 PM Eastern on October 17th. Loom Network has a total market capitalization of $71.07 million and approximately $36.81 million worth of Loom Network was traded on exchanges in the last day. In the last week, Loom Network has traded up 9.3% against the dollar. One Loom Network token can now be purchased for $0.0574 or 0.00000085 BTC on cryptocurrency exchanges.

Here’s how related cryptocurrencies have performed in 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 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.
• AXIA Coin (AXC) traded 0.1% lower 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 $0.0494 or 0.00000073 BTC.
• P2P Solutions foundation (P2PS) traded down 0.2% against the dollar and now trades at $169.09 or 0.00251089 BTC.

Loom Network 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 1,239,270,898 tokens. 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. Loom Network’s official website is loomx.io. 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 possible to buy alternative cryptocurrencies such as Loom Network directly using U.S. dollars. Investors seeking to acquire Loom Network should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Loom Network using one of the aforementioned exchanges.

LOOM/USD price chart by TradingView