Loom Network Price Down 12.1% Over Last 7 Days (LOOM)

Loom Network (CURRENCY:LOOM) traded 13.8% higher against the US dollar during the 1-day period ending at 16:00 PM ET on April 8th. One Loom Network coin can currently be purchased for $0.19 or 0.00000330 BTC on cryptocurrency exchanges. Loom Network has a total market capitalization of $190.85 million and $18.43 million worth of Loom Network was traded on exchanges in the last day. During the last week, Loom Network has traded down 12.1% against the US dollar.

Here’s how other cryptocurrencies have performed during the last day:

  • Chainlink (LINK) traded 4% higher against the dollar and now trades at $32.21 or 0.00055720 BTC.
  • THETA (THETA) traded up 9.1% against the dollar and now trades at $13.09 or 0.00022644 BTC.
  • DREP (DREP) traded down 21% against the dollar and now trades at $1.96 or 0.00003398 BTC.
  • DREP [old] (DREP) traded 19.5% lower against the dollar and now trades at $1.96 or 0.00003399 BTC.
  • Crypto.com Coin (CRO) traded up 8% against the dollar and now trades at $0.20 or 0.00000349 BTC.
  • Binance USD (BUSD) traded down 0% against the dollar and now trades at $1.00 or 0.00001732 BTC.
  • FTX Token (FTT) traded up 10.9% against the dollar and now trades at $48.75 or 0.00084323 BTC.
  • Aave (AAVE) traded 3.1% higher against the dollar and now trades at $364.56 or 0.00630636 BTC.
  • Holo (HOT) traded 12.8% higher against the dollar and now trades at $0.0230 or 0.00000040 BTC.
  • Huobi Token (HT) traded 8.8% higher against the dollar and now trades at $17.46 or 0.00030207 BTC.

Loom Network Profile

Loom Network is a coin. It launched on March 3rd, 2018. Loom Network’s total supply is 1,000,000,000 coins. The official website for Loom Network is loomx.io. 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.

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 buy alternative cryptocurrencies such as Loom Network directly using U.S. dollars. Investors seeking to acquire Loom Network should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Loom Network using one of the aforementioned exchanges.

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