Loom Network (LOOM) Market Cap Tops $105.61 Million

Loom Network (LOOM) traded down 1% against the dollar during the 24-hour period ending at 10:00 AM ET on April 24th. One Loom Network token can now be bought for approximately $0.0863 or 0.00000130 BTC on major exchanges. Over the last week, Loom Network has traded 14.1% higher against the dollar. Loom Network has a market capitalization of $105.61 million and $1.67 million worth of Loom Network was traded on exchanges in the last day.

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

• KILT Protocol (KILT) traded up 0.1% against the dollar and now trades at $0.34 or 0.00000512 BTC.
• Aidi Finance (BSC) (AIDI) traded down 2.2% 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.
• Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher 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 0.9% against the dollar and now trades at $0.0090 or 0.00000014 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 1,224,270,898 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.”

Buying and Selling Loom Network

It is usually not presently 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 Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Loom Network using one of the aforementioned exchanges.

LOOM/USD price chart by TradingView