Loom Network (LOOM) Reaches One Day Trading Volume of $8.67 Million

Loom Network (LOOM) traded up 3.3% against the US dollar during the 24-hour period ending at 14:00 PM ET on May 24th. Loom Network has a total market cap of $106.49 million and $8.67 million worth of Loom Network was traded on exchanges in the last day. One Loom Network token can now be purchased for approximately $0.0870 or 0.00000126 BTC on exchanges. Over the last seven days, Loom Network has traded 6.5% lower against the US dollar.

Here’s how similar cryptocurrencies have performed over the last day:

  • KILT Protocol (KILT) traded down 0.7% against the dollar and now trades at $0.27 or 0.00000399 BTC.
  • Aidi Finance (BSC) (AIDI) traded 2.2% lower 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 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
  • Kitty Inu (KITTY) traded up 1.9% 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.
  • Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 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 0.8% lower against the dollar and now trades at $0.0099 or 0.00000014 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 1,224,270,898 tokens. Loom Network’s official Twitter account is @loomnetwork and its Facebook page is accessible here. The official website for Loom Network 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.

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.”

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.

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