Loom Network Price Up 21.7% Over Last Week (LOOM)

Loom Network (LOOM) traded 4% lower against the U.S. dollar during the one day period ending at 22:00 PM E.T. on August 11th. Loom Network has a market capitalization of $63.80 million and $16.02 million worth of Loom Network was traded on exchanges in the last 24 hours. Over the last seven days, Loom Network has traded 21.7% higher against the U.S. dollar. One Loom Network token can currently be purchased for about $0.0521 or 0.00000089 BTC on major cryptocurrency exchanges.

Here is how related 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 down 2.2% 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.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 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.
• Lumi Credits (LUMI) traded 0.6% lower against the dollar and now trades at $0.0127 or 0.00000022 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded 6% higher against the dollar and now trades at $0.0566 or 0.00000096 BTC.

Loom Network Token Profile

Loom Network was first traded on March 3rd, 2018. Loom Network’s total supply is 1,300,000,000 tokens and its circulating supply is 1,224,270,898 tokens. 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. The official message board for Loom Network is medium.com/loom-network. Loom Network’s official website is loomx.io.

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 currently possible to buy alternative cryptocurrencies such as Loom Network directly using US dollars. Investors seeking to trade Loom Network should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Loom Network using one of the exchanges listed above.

LOOM/USD price chart by TradingView