Loom Network (LOOM) Reaches Market Cap of $61.02 Million

Loom Network (LOOM) traded up 4.4% against the U.S. dollar during the twenty-four hour period ending at 20:00 PM E.T. on November 5th. Loom Network has a total market capitalization of $61.02 million and approximately $2.99 million worth of Loom Network was traded on exchanges in the last 24 hours. In the last seven days, Loom Network has traded down 5.5% against the U.S. dollar. One Loom Network token can currently be bought for about $0.0492 or 0.00000069 BTC on cryptocurrency exchanges.

Here’s how related cryptocurrencies have performed in the last 24 hours:

• 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 1.2% higher 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.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded 3.7% higher against the dollar and now trades at $70,415.40 or 0.99215611 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 3.3% higher against the dollar and now trades at $69,962.81 or 0.98577908 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 launched on March 3rd, 2018. Loom Network’s total supply is 1,300,000,000 tokens and its circulating supply is 1,239,270,898 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 purchase alternative cryptocurrencies such as Loom Network directly using US dollars. Investors seeking to acquire Loom Network should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, 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