Loom Network (LOOM) Achieves Market Cap of $30.67 Million

Loom Network (LOOM) traded up 5.1% against the US dollar during the 24-hour period ending at 13:00 PM ET on April 7th. Over the last seven days, Loom Network has traded 0.8% lower against the US dollar. One Loom Network token can now be purchased for approximately $0.0247 or 0.00000032 BTC on exchanges. Loom Network has a total market cap of $30.67 million and $17.72 million worth of Loom Network was traded on exchanges in the last day.

Here’s how similar cryptocurrencies have performed over 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded 5% lower against the dollar and now trades at $77,938.24 or 0.99512488 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 5.3% lower 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 Token Profile

Loom Network’s genesis 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. The Reddit community for Loom Network is https://reddit.com/r/loomnetwork and the currency’s Github account can be viewed here. The official website for Loom Network is loomx.io. Loom Network’s official Twitter account is @loomnetwork and its Facebook page is accessible here. Loom Network’s official message board is medium.com/loom-network.

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.”

Loom Network Token Trading

It is usually not currently possible to purchase alternative cryptocurrencies such as Loom Network directly using U.S. dollars. Investors seeking to acquire Loom Network should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. 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 exchanges listed above.

LOOM/USD price chart by TradingView