About Loom Network
Loom Network (LOOM) is an Ethereum token that powers a network of delegated proof of stake sidechains (a system that Loom dubs “EOS on Ethereum”). This allows for highly-scalable games and user-facing dApps backed by the security of Ethereum.
Trading Insights
Searched
42
Market Stats
Market Cap
£1.94M
1.55%
FDV
£2.03M
Circ. Supply
1.2B LOOM
Max Supply
Not enough data
Total Supply
1.3B LOOM
Diluted Valuation
£2.03M
Performance
Popularity
#1,679
Dominance
0%
Volume (24H)
£858.45K
-16.74%
Volume (7D)
£8.61M
Volume (30D)
£31.69M
All time high
£0.58
Price Change (1Y)
-96.65%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Additional details
Recent trends
The price of Loom Network has increased by 3.36% in the last hour and increased by 1.22% in the past 24 hours. Loom Network’s price has also risen by 49.85% in the past week. The current price is £0.0016 per LOOM with a 24-hour trading volume of £858.45K. Currently, Loom Network is valued at 99.73% below its all time high of £0.58. This all-time high was the highest price paid for Loom Network since its launch.
The current circulating supply of Loom Network is 1,242,920,897.579 LOOM which means that Loom Network has as total market cap of £1,937,677.66.
Market details
LOOM vs markets
↘ 98.03%
LOOM vs BTC
↘ 98.15%
LOOM vs ETH
↘ 96.76%
Tags
platform
enterprise-solutions
defi
scaling
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x42476F744292107e34519F9c357927074Ea3F75D | |
BNB Smart Chain | 0xE6Ce27025F13f5213bBc560dC275e292965a392F |
Price history
Time | Price | Change |
|---|---|---|
Today | £0.0016 | ↗ 1.22% |
1 Day | £0.0015 | ↗ 1.22% |
1 Week | £0.0010 | ↗ 49.85% |
1 Month | £0.0014 | ↗ 13.47% |
1 Year | £0.0484 | ↘ 96.65% |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
FAQ
Loom Network is a multichain interoperability platform. Interoperability means to exchange data and transfer information between any blockchain seamlessly. The network is optimized for scaling high-performance decentralized applications (DApps), requiring a quick and smooth user experience (UX). In addition, the platform aims to allow DApps to offer a UX akin to traditional apps and onboards new users without the need to download crypto wallet software. Loom also has integrations to Ethereum, Bitcoin, Tron, and Binance Chain. The integrations allow developers to integrate assets from all chains and build a DApp only once. The developers can then offer the DApp to users on all platforms simultaneously. Thus, the network provides developers the scalability and usability needed to build high-performance user-facing DApps.
In addition, Loom Network seeks to offer the following features:
Loom Network (LOOM) is an ERC20token. LOOM is a proof-of-stake (PoS) token used to secure the platform’s mainnet, called Basechain. The token is used for staking, transaction fees, and bonding. LOOM holders can stake their tokens to aid in securing Basechain and earn rewards. Developers also use the token to pay for DApp hosting on Loom Network. Validators receive LOOM as block rewards for performing various duties on the platform. The LOOM token is compatible with any ERC20 wallet.
Loom Network has been live in production since early 2018. The total supply of Loom Network (LOOM) is fixed at one billion tokens.
Note: Loom Network has deployed the new LOOM token contract to Ethereum Mainnet. The new token contract has a one billion token supply and retains the same LOOM symbol as the old token contract.
We update our Loom Network to GBP currency in real-time. Get the live price of Loom Network on Coinbase.
The current market cap of Loom Network is £1.94M. A high market cap implies that the asset is highly valued by the market.
The all-time high of Loom Network is £0.58. This all-time high is highest price paid for Loom Network since it was launched.
Over the last 24 hours, the trading volume of Loom Network is £858.45K.
Assets that have a similar market cap to Loom Network include sekoia by Virtuals, Shiba Predator, Peezy 0x69, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Loom Network is 1.2 billion.
Loom Network ranks 171 among tradable assets on Coinbase. Popularity is currently based on relative market cap.
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Legal
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.