Bloom Market Capitalization Tops $19.35 Million (BLT)

Bloom (CURRENCY:BLT) traded 1.1% higher against the U.S. dollar during the 24 hour period ending at 15:00 PM Eastern on April 17th. Over the last seven days, Bloom has traded 23.5% higher against the U.S. dollar. Bloom has a market cap of $19.35 million and $25,560.00 worth of Bloom was traded on exchanges in the last day. One Bloom token can now be purchased for approximately $0.41 or 0.00005017 BTC on exchanges including IDEX, Radar Relay and EtherDelta.

Here is how similar cryptocurrencies have performed over the last day:

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  • Ripple (XRP) traded up 2.5% against the dollar and now trades at $0.67 or 0.00008309 BTC.
  • Stellar (XLM) traded up 13.4% against the dollar and now trades at $0.32 or 0.00003917 BTC.
  • IOTA (MIOTA) traded up 3% against the dollar and now trades at $1.63 or 0.00020095 BTC.
  • NEO (NEO) traded 3.4% higher against the dollar and now trades at $68.10 or 0.00841482 BTC.
  • TRON (TRX) traded 4.7% higher against the dollar and now trades at $0.0430 or 0.00000531 BTC.
  • Tether (USDT) traded 0.2% lower against the dollar and now trades at $1.00 or 0.00012334 BTC.
  • VeChain (VEN) traded up 2.1% against the dollar and now trades at $3.40 or 0.00041968 BTC.
  • Binance Coin (BNB) traded 0.3% higher against the dollar and now trades at $12.22 or 0.00150962 BTC.
  • Ontology (ONT) traded 2.8% higher against the dollar and now trades at $4.26 or 0.00052592 BTC.
  • Populous (PPT) traded up 23.7% against the dollar and now trades at $24.44 or 0.00302036 BTC.

About Bloom

Bloom’s total supply is 150,000,000 tokens and its circulating supply is 47,674,793 tokens. The official website for Bloom is hellobloom.io. Bloom’s official Twitter account is @BloomToken. The Reddit community for Bloom is /r/BloomToken and the currency’s Github account can be viewed here.

According to CryptoCompare, “Bloom is a decentralized credit protocol that aims to address the existing limitations of the actual credit scoring system. The Bloom protocol will use the Ethereum blockchain to provide a novel approach to the credit risk assessment allowing both traditional fiat lenders and digital asset lenders to issues compliant loans on the blockchain while providing lower fees and improve borrower experience at the credit issuance process. The Bloom platform will feature a BloomID (a global secure identity, allowing lenders to offer compliant loans globally), BloomIQ (a system for reporting and trackingcurrent and historical debt obligations that are tied to a user’s BloomID), and BloomScore (a metric of consumers’ creditworthiness). Bloom token (BLT) is an ERC-20 token that will be used to participate in evaluating user identities and creditworthiness. Furthermore, it will give users voting rights on future developments on the Bloom credit scoring system.”

Buying and Selling Bloom

Bloom can be traded on the following cryptocurrency exchanges: EtherDelta, Radar Relay and IDEX. It is not possible to buy Bloom directly using US dollars. Investors seeking to acquire Bloom must first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Bloom using one of the exchanges listed above.

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