Loom Network enables scalable, interoperable dApp development.
Loom Network allows dApp developers to create scalable, interoperable blockchain projects. LOOM is its token used for staking and fees.
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What is Loom Network (LOOM)?
Loom Network is a platform enabling dApp developers to build blockchain-ready projects. Established in 2018, it has evolved to be highly scalable, user-friendly, and compatible with major blockchains such as Bitcoin, Ethereum, BNB Chain, and others. The platform provides an optimized foundation and resources for dApp creation. LOOM is the native cryptocurrency, a proof-of-stake token used to secure the network through staking. Aside from security, LOOM can be used for paying fees, including developer fees for hosting applications on Loom Network, with transaction costs absorbed into a flat fee paid by projects. Being an ERC20 token, LOOM has a total supply of 1 billion tokens. The platform offers interoperability with major blockchains, allowing developers to create one application accessi...
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Loom Network price live information
As of now, Loom Network is trading at 0.004086 USD, with a 24-hour trading volume of approximately 443.52K USD. The LOOM to USD price is updated in real time. Over the past 24 hours, Loom Network has decreased by 4.13%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 5.08M USD. Currently, there are 1 242 920 897.57904 LOOM in circulation out of a maximum supply of 1 300 000 000 LOOM.
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