Loom Network Trading Down 13.7% Over Last Week (LOOM)

Loom Network (LOOM) traded 3.5% lower against the U.S. dollar during the 24-hour period ending at 7:00 AM ET on February 6th. In the last seven days, Loom Network has traded 13.7% lower against the U.S. dollar. One Loom Network token can currently be bought for $0.0029 or 0.00000004 BTC on major exchanges. Loom Network has a total market capitalization of $3.61 million and approximately $1.10 worth of Loom Network was traded on exchanges in the last day.

Here is how similar 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 2.2% lower 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.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded down 7.3% against the dollar and now trades at $65,746.33 or 0.99285765 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 17.2% lower against the dollar and now trades at $64,646.50 or 0.99727216 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 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. 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. 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.

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 possible to purchase alternative cryptocurrencies such as Loom Network directly using US dollars. Investors seeking to acquire Loom Network should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Gemini 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