Loom Network Trading 1.9% Higher This Week (LOOM)

Loom Network (LOOM) traded 18.2% lower against the dollar during the 1 day period ending at 8:00 AM E.T. on January 8th. One Loom Network token can currently be bought for $0.0039 or 0.00000004 BTC on major exchanges. Loom Network has a total market cap of $4.87 million and $0.21 worth of Loom Network was traded on exchanges in the last day. During the last week, Loom Network has traded 1.9% higher against the dollar.

Here is how related cryptocurrencies have performed during 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 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 2.3% lower against the dollar and now trades at $89,756.28 or 0.99843486 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 down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Loom Network 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 1,242,920,898 tokens. Loom Network’s official website is loomx.io. 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. Loom Network’s official message board is medium.com/loom-network.

According to CryptoCompare, “Loom Network is an Ethereum-based platform for large-scale online games and social apps. Loom Network's dappchains are full-featured blockchains that are built to run in parallel to Ethereum Smart Contracts. They’re an advanced form of Ethereum sidechains optimized for scaling data rather than financial transactions.LOOM is an ERC20 token that serves as a currency on the Loom Network platform.”

Loom Network Token Trading

It is usually not currently possible to buy alternative cryptocurrencies such as Loom Network directly using US dollars. Investors seeking to trade Loom Network should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Coinbase or Gemini. 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