Loom Network Trading Up 23.5% This Week (LOOM)

Loom Network (LOOM) traded 1% higher against the US dollar during the 24-hour period ending at 0:00 AM E.T. on June 23rd. One Loom Network coin can currently be purchased for about $0.0439 or 0.00000209 BTC on popular exchanges. During the last week, Loom Network has traded 23.5% higher against the US dollar. Loom Network has a total market capitalization of $57.04 million and $5.21 million worth of Loom Network was traded on exchanges in the last day.

Here is how similar cryptocurrencies have performed during the last day:

  • Binance USD (BUSD) traded 0% lower against the dollar and now trades at $1.00 or 0.00004756 BTC.
  • BITCOIN ADDITIONAL (BTCA) traded 1.6% lower against the dollar and now trades at $19,967.07 or 0.95000000 BTC.
  • Mammoth (MMT) traded down 0.1% against the dollar and now trades at $1.78 or 0.00008491 BTC.
  • Crypto.com Coin (CRO) traded up 5% against the dollar and now trades at $0.41 or 0.00001075 BTC.
  • Parkgene (GENE) traded flat against the dollar and now trades at $25.59 or 0.00045023 BTC.
  • Dai (DAI) traded down 0% against the dollar and now trades at $1.00 or 0.00004757 BTC.
  • DREP (DREP) traded flat against the dollar and now trades at $1.96 or 0.00003398 BTC.
  • DREP [old] (DREP) traded flat against the dollar and now trades at $1.96 or 0.00003399 BTC.
  • THETA (THETA) traded flat against the dollar and now trades at $5.25 or 0.00010640 BTC.
  • Polygon (MATIC) traded 20.6% higher against the dollar and now trades at $0.60 or 0.00002844 BTC.

About Loom Network

Loom Network is a coin. Its launch date was March 3rd, 2018. Loom Network’s total supply is 1,300,000,000 coins. 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 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 Coin Trading

It is usually not possible to purchase alternative cryptocurrencies such as Loom Network directly using US dollars. Investors seeking to trade Loom Network should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Loom Network using one of the aforementioned exchanges.

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