Loom Network Forecast
Loom Network Price PredictionsLoom Network(LOOM) opened trading today at $0.08. It achieved a Market high of $0.09 and a subsequent Market low of $0.08, Representing a change of $-0.0010 and price percentage change of -1.13% . Its current Price is $0.08 representing a market share of 0.03% only.
A total volumn of $9 worth of Loom Network traded hands today, achieving a Maximum Mkt Cap of $83,895,024 for the day.
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Many people are looking to invest in digital assets (including Loom Network) owing to the enormous return which they provide. Even the institutional investors are trying to invest in such assets. This is highly positive for Loom Network as a platform. As the traction of the platform increases more and more, the price of the cryptocurrency would also go up. This is a huge positive for the platform in the future.
With the thrust on the digitization of assets increasing and the awareness of cryptocurrency assets also on the rise, Loom Network has a lot of potential ahead. As long as the organisation is able to execute their strategy the price of the token would also keep on increasing. This will attract a lot of investors to this cryptocurrency.
Loom Network is currently trading around $0.08. The forecast for the Loom Network cryptocurrency by the end of year 2018 is around $0.09 x 4. This is because following the previous highs of the Crypto market, a 4x bullrun is expected for the cryptomarket in 2018 according to our Technoical analysis. A bullrun crypto market lifts all boats and is likely to produce good returns especially for strong coins. (Read our information below on Loom Network to know its strength).
Furthermore, the five-year forecast for Loom Network is around $0.09 x 10 at the minimum. Thus, even if you’re just looking to invest for a one-year period, you would be able to make a significant amount of return. On the other hand, even if you’re looking to invest for 5 years, the investment return which you can get from these levels is enormous.
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Detailed LOOM Price Predictions Videos:
Loom Network Fundamental Analysis
Loom Network FA Videos
Watch someone smart explain what Loom Network is and the problem it aims to solve. This should help you make an informed decision to invest or not..
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(LOOM) Daily Trading
|Current Supply||1,000,000,000 LOOM|
|Total Supply||1,000,000,000 LOOM|
|24h Volume (coin)||79 LOOM|
|24h Volume (currency)||$9|
|Last updated||2018-08-19 08:16:54 +01:00 BST|
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Common LOOM Price Prediction Questions
What is Loom Network’s potential future value?
LOOM's future value is strongly correlated to it's Fundamental Analysis. We made this easier by giving a short concise write-up here on what Loom Network is and what it does. This is because Loom Network's price will only rise and make you rich if it’s doing something special e.g. Ethereum which made it possible to create simple smart contracts on the Blockchain, minted the most number of Crypto millionaires. Now ask yourself - Can LOOM make you one?
What is going on with Loom Network's price?
In order not to be too rattled, read our Fundamental analysis above on Loom Network to know if it’s a good hodl.
How high will Loom Network go?
No one really knows for sure. We however predict LOOM will be 4x by end of 2018.
Why is Loom Network(LOOM) rising today?
On a day to day basic, we do not have that information. However, look above to see our Fundamental Analysis of Loom Network to see its expected value. You can also visit Loom Network's website here - Visit website.
A good reason for any intra-day pump is usually partnerships, implementations of a roadmap e.g. Mainnet launch or listing on a new exchange (mega-pump).The Loom Network website page will quickly provide you with that value.
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Why is Loom Network's price going down?
It’s difficult to tell right now as the daily LOOM candle hasn’t closed. Hopefully it closes above its 200EMA and signifies a reversal. However a quick way to know the reason for any sudden disruption in Loom Network's price is to look at its social media feed to see if it released news that the market revolts at or it’s simply a red crypto day.
To view the Social sentiments for Loom Network, Simple click the Social Button on this page, located immediately below the Price Charts.
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LOOM Live Prices Data
Loom Network Daily Price History
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