Loom Network Price Reaches $0.0574 (LOOM)

Loom Network (LOOM) traded up 2.2% against the dollar during the twenty-four hour period ending at 13:00 PM E.T. on December 20th. One Loom Network token can currently be purchased for about $0.0574 or 0.00000059 BTC on cryptocurrency exchanges. Loom Network has a total market capitalization of $71.13 million and $5.58 million worth of Loom Network was traded on exchanges in the last day. During the last week, Loom Network has traded 16.3% lower against the dollar.

Here’s how other cryptocurrencies have performed during the last day:

• 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 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.
• 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.
• SolvBTC (SOLVBTC) traded 1.3% lower against the dollar and now trades at $96,574.74 or 0.99932891 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 4% lower against the dollar and now trades at $96,224.72 or 0.99570701 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Loom Network Profile

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 1,240,020,898 tokens. Loom Network’s official website is loomx.io. 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 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 possible to buy alternative cryptocurrencies such as Loom Network directly using U.S. dollars. Investors seeking to acquire Loom Network should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Gemini or GDAX. 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