1H
0.00%$0.0000
24H
0.00%$0.0000
7D
0.00%$0.0000
30D
-4.33%$0.0002
Loom Network is an American startup with its own cryptocurrency, implemented on the Ethereum blockchain. It is designed to solve the problem of scalability when working with decentralized applications. Cryptocurrency of Loom Network has a stock Ticker LOOM. It was established in the first quarter of 2018. A total of 1 billion coins was released, of which 606 million LOOM are in circulation at the time of writing. As of May 23, 2018, the total capitalization exceeds 243 million dollars. The daily turnover on all exchanges is $8 million. The token costs $0.4. Trading with LOOM token began on March 14, 2018, at a price of $0.076. So far, the coin shows an upward trend in growth. Especially the token has grown in value since May 2, when listing of LOOM on the Binance crypto exchange was held. In just 3 days, the price rose from $0.31 to $0.69.
There are a number of fundraising techniques adopted by emerging projects to enhance their business. Initial NFT offering is a recently initiated fundraising technique, basically designed for decentralized platforms. Here is a guide to dive further and understand it better.
The risks that come with investments call for proper directives so as to know the right steps to take and decisions to make when investing. The following guide about the KISS principle will help investors lead their investment-making processes.