Loom Network Market Cap Achieves $59.11 Million (LOOM)

Loom Network (LOOM) traded up 0.4% against the U.S. dollar during the 24 hour period ending at 0:00 AM ET on November 4th. One Loom Network token can now be bought for $0.0477 or 0.00000070 BTC on major exchanges. Over the last seven days, Loom Network has traded down 7.4% against the U.S. dollar. Loom Network has a market capitalization of $59.11 million and approximately $1.69 million worth of Loom Network was traded on exchanges in the last 24 hours.

Here is how other cryptocurrencies have performed over the last 24 hours:

• 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 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% 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.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded 1% lower against the dollar and now trades at $68,211.04 or 0.99507524 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 0.9% against the dollar and now trades at $67,896.40 or 0.99048520 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 1,239,270,898 tokens. Loom Network’s official website 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. 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.”

Buying and Selling Loom Network

It is usually not possible to purchase alternative cryptocurrencies such as Loom Network directly using U.S. dollars. Investors seeking to trade Loom Network should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Changelly or GDAX. 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