Loom Network (LOOM) Trading Down 0.8% Over Last Week

Loom Network (LOOM) traded up 5.1% against the US dollar during the one day period ending at 13:00 PM Eastern on April 7th. In the last week, Loom Network has traded 0.8% lower against the US dollar. One Loom Network token can currently be purchased for $0.0247 or 0.00000032 BTC on major exchanges. Loom Network has a total market capitalization of $30.67 million and approximately $17.72 million worth of Loom Network was traded on exchanges in the last day.

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

• 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 down 2.2% 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 down 5% against the dollar and now trades at $77,938.24 or 0.99512488 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 5.3% against the dollar and now trades at $77,737.64 or 0.99863108 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 down 0.1% 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 1,242,920,898 tokens. Loom Network’s official Twitter account is @loomnetwork and its Facebook page is accessible here. The official website for Loom Network 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 is an Ethereum-based platform for large-scale online games and social apps. Loom Network's dappchains are full-featured blockchains that are built to run in parallel to Ethereum Smart Contracts. They’re an advanced form of Ethereum sidechains optimized for scaling data rather than financial transactions.LOOM is an ERC20 token that serves as a currency on the Loom Network platform.”

Buying and Selling Loom Network

It is usually not presently possible to purchase alternative cryptocurrencies such as Loom Network directly using US dollars. Investors seeking to trade Loom Network should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Loom Network using one of the aforementioned exchanges.

LOOM/USD price chart by TradingView