Loom Network (LOOM) Achieves Market Cap of $70.19 Million

Loom Network (LOOM) traded down 1.9% against the U.S. dollar during the 1-day period ending at 14:00 PM E.T. on July 17th. Loom Network has a total market capitalization of $70.19 million and approximately $5.44 million worth of Loom Network was traded on exchanges in the last 24 hours. During the last week, Loom Network has traded 9.1% higher against the U.S. dollar. One Loom Network token can now be bought for approximately $0.0573 or 0.00000089 BTC on popular cryptocurrency exchanges.

Here is how other cryptocurrencies have performed during the last 24 hours:

• KILT Protocol (KILT) traded 2.1% higher against the dollar and now trades at $0.20 or 0.00000316 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 down 2.2% 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 up 0.2% against the dollar and now trades at $0.0128 or 0.00000020 BTC.
• AXIA Coin (AXC) traded 0.1% lower 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. 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. Loom Network’s official website is loomx.io.

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 purchase alternative cryptocurrencies such as Loom Network directly using US dollars. Investors seeking to trade Loom Network should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Loom Network using one of the aforementioned exchanges.

LOOM/USD price chart by TradingView