Notwithstanding any such relationship, no responsibility is accepted for the conduct of any third party nor the content or functionality of their websites or applications. We may receive financial compensation from these third parties. Please be aware that some of the links on this site will direct you to the websites of third parties, some of whom are marketing affiliates and/or business partners of this site and/or its owners, operators and affiliates. With prices above, the Loom target will be at $0.1898 and they may push an additional +60% to reach it! /YkXe3tOR1q □1D Logarithmic Chart has MET and BROKEN the TARGET at $0.1114 and is currently holding just below! However, the token must first undo the current pullback that has seen its price drop from a daily high of $0.1384 to its current price of $0.1155. Loom Network price predictionĪt the current rate, analysts expect the LOOM token to get above $0.2 by the end of the week. Additionally, there is no concrete reason behind the current Loom Network price surge making it difficult to predict how long the rally will last. However, it is important to take note of the fact that the cryptocurrency market is very volatile. If you want to invest in a cryptocurrency that had made triple-digit gains in the last two days, then LOOM could be a good choice. Loom Network has a native token referred to as Loom Network (LOOM) that is used to pay for services on the Network. It also allows smart contract developers to create applications without the need to switch to another programming language. Loom Network provides developers with the opportunity of interacting with APIs developed by third parties and these APIs are not on-chain. It also provides services for applications that do not need the full security of blockchain. The main objective of Loom Network is to provide developers with access to smart contracts that have much more computing power and can maintain the same power at lower costs for tasks like onboarding new users. It runs on Plasma, which is a scaling solution that allows for faster transactions throughout the network. Loom Network was founded in 20127 and it is a service built on the Ethereum blockchain. Buy LOOM with Coinbase today What is Loom Network?
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