Loom NetworkLoading...
Price
$0.05 (-1%)
All Time High
$0.77 (-93%)
Market Cap
$42,039,987
Volume (24h)
180,822
Circulating Supply
833,914,552 LOOM
Loom Network's price today is $0.05 USD, with a 24-hour trading volume of $180,822 USD. LOOM is down -0.98% in the last 24 hours. Loom Network is currently ranked #468 with a market capitalization of $42,039,987 USD.
To make this a reality, LOOM Network operates as a service (PaaS) and allows developers to run their dApps, regardless of the demand of the dApp. For smart contract developers this network will help them create apps without switching to Solidity. In short it’s a PaaS which allows for Solidity apps to run on permission public and private chains.
Loom Network makes it possible for commercial scale dApps to run faster while their security is guaranteed. In order to attract new users, they offer free trials and their ingenious oracle communication channels enables safe and secure off chain chats. Besides, it’s easy to use because underneath it is this real blockchain that is scalable, trusted and forkable.
LOOM is the ERC20 token for the network and is used for the products and services offered by the network. Apps that run on Loom Network are forkable since they run on their won side chains. On the other hand, app developers can decide to run their apps based on their own consensus mechanism and rules and even release functional nodes that run from the cloud.
LOOM tokens are not mineable. There are a total of 1 billion LOOM tokens in supply with 604 million already in circulation.
On May 4th, 2018 02:54:44 AM, Loom Network hit a historic high of $0.772485 USD. It has been about 5 years ago since Loom Network reached its peak.
On March 13th, 2020 02:29:21 AM, Loom Network reached a bottoming price of $0.0078634800 USD. About 3 years ago has passed Loom Network has seen such a low price.
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