Loom Network (LOOM) Achieves Market Cap of $75.43 Million

Loom Network (LOOM) traded up 4.3% against the U.S. dollar during the 24 hour period ending at 22:00 PM ET on July 25th. During the last week, Loom Network has traded up 0.3% against the U.S. dollar. One Loom Network token can now be purchased for $0.0616 or 0.00000092 BTC on major exchanges. Loom Network has a total market cap of $75.43 million and $13.62 million worth of Loom Network was traded on exchanges in the last day.

Here is how other cryptocurrencies have performed during the last day:

• KILT Protocol (KILT) traded down 0.5% against the dollar and now trades at $0.19 or 0.00000279 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 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded 1.9% higher 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.
• 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 1.9% higher against the dollar and now trades at $0.0132 or 0.00000020 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. Loom Network’s official message board 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. Loom Network’s official website is loomx.io. Loom Network’s official Twitter account is @loomnetwork and its Facebook page is accessible 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 currently possible to buy alternative cryptocurrencies such as Loom Network directly using US dollars. Investors seeking to trade Loom Network should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, GDAX 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