Loom Network Market Capitalization Hits $55.68 Million (LOOM)

Loom Network (LOOM) traded down 4.6% against the dollar during the 1-day period ending at 11:00 AM Eastern on July 5th. In the last week, Loom Network has traded 19.9% lower against the dollar. One Loom Network token can now be bought for $0.0455 or 0.00000081 BTC on major exchanges. Loom Network has a total market cap of $55.68 million and $7.41 million worth of Loom Network was traded on exchanges in the last day.

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

• KILT Protocol (KILT) traded 3.5% lower against the dollar and now trades at $0.18 or 0.00000323 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 down 2.2% 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 up 1.2% 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 0.5% lower against the dollar and now trades at $0.0117 or 0.00000021 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Loom Network

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

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 U.S. dollars. Investors seeking to trade Loom Network should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Gemini or GDAX. 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