Loom Network Trading Down 6.2% This Week (LOOM)

Loom Network (LOOM) traded up 3.3% against the dollar during the 24-hour period ending at 12:00 PM ET on March 2nd. Loom Network has a market capitalization of $58.41 million and approximately $2.87 million worth of Loom Network was traded on exchanges in the last day. During the last seven days, Loom Network has traded down 6.2% against the dollar. One Loom Network token can currently be bought for $0.0470 or 0.00000051 BTC on cryptocurrency exchanges.

Here’s how similar cryptocurrencies have performed during the last day:

• Taiko (TAIKO) traded 3.7% higher against the dollar and now trades at $1.01 or 0.00001094 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.
• 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.
• SolvBTC (SOLVBTC) traded 6.8% higher against the dollar and now trades at $90,601.61 or 0.97728614 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 2% against the dollar and now trades at $86,410.97 or 0.93208325 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.

About Loom Network

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 official website for Loom Network is loomx.io. Loom Network’s official Twitter account is @loomnetwork and its Facebook page is accessible here. 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.”

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 acquire Loom Network should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Gemini or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Loom Network using one of the aforementioned exchanges.

LOOM/USD price chart by TradingView