Loom Network
About Loom Network
Loom Network was founded in early 2018 with a focus on blockchain-based social media and gaming DApps. It is now operating as a multichain platform with integrations of Bitcoin, Ethereum, Binance Chain, and Tron networks. This enables developers to combine elements used on all these chains, as well as to create DApps only once and deploy them across all platforms at the same time. The Network is optimized for scalability and high-performance that enables DApps to provide interfaces as frictionless as traditional applications to achieve massive user adoption. LOOM, its native token, is used to secure the Loom Network’s mainnet, known as Basechain, via a Proof-of-Stake (PoS) consensus mechanism. LOOM holders can use their tokens to help secure the network while earning rewards.
In the last hour, Loom Network's price has seen a change of +0.01%, and over the past 24 hours, its price has moved by +0.31%. Over the previous week, Loom Network's price has moved by +1,586.11%. The current price of Loom Network is AED 0.007553, accompanied by a trading volume of 0.000 in the last day. Loom Network's price is currently 99.73% below its all-time high of AED 2.8442, which remains the highest price Loom Network has achieved since its launch. The circulating supply of Loom Network stands at 1.243B, translating to a total market capitalization of 9.388M.
Market stats
Frequently asked questions
What is the market cap of Loom Network?
With a market capitalization of 9.388M, Loom Network is ranked 606 among other crypto assets.
What is the all-time high of Loom Network?
The highest valuation of Loom Network since its launch was at AED 2.8442, marking its all-time high.
What is the 24-hour trading volume of Loom Network?
The trading activity of Loom Network over the last 24 hours was at 0.000, highlighting its liquidity in the market.
How many Loom Network are there in circulation?
There are approximately 1.243B units of Loom Network currently in circulation, affecting its market dynamics.
What is the relative popularity of Loom Network?
Loom Network market cap is around 9.388M.
Website
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