Loom Price LOOM

Loom Price Overview

The current Loom price is 0.000031270 €. The price has changed by 1.49% in the past 24 hours on trading volume of 12.417 €. The market rank of Loom is -- based on a market capitalization of NaN €. Loom has a circulating supply of NaN LOOM. The highest recorded Loom price is 0.000212080 €. And the lowest recorded LOOM price is 0.000020200 €.

How do Loom price movements correlate with market trends? Check our complete cryptocurrency exchange rate page for information at a glance.

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Currency:

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Frequency:

Weekly

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Start date:

3 years ago

3 months ago6 months ago1 year ago3 years ago5 years ago

Analysing Loom’s price history

Before buying any cryptocurrency, it’s worth doing your homework. That means analyzing the price history to look for recurring patterns and indicators that the price of your investment is more likely to rise than to fall.

Make sure your price prediction for Loom matches your long-term and short-term financial goals.

There are countless ways to analyse crypto price performance and make a buying decision. Two of the most commonly used are technical analysis and fundamental analysis.

Technical analysis is valuable in crypto investing even if you don’t have access to years of historical price data in the Loom chart. For example, with many cryptos, dramatic price drops and periods of high volatility have been followed by a sustained rise to new highs. There’s no guarantee that the pattern will be sustained in the future, but if it has been consistent in the past, it’s worth considering.

In fundamental analysis, you examine economic, financial, political, and social factors that influence prices. You collect information about interest rates, gross domestic product, manufacturing data, and unemployment rates to make informed predictions about stock prices.

News events are important too, especially economic indicators. Is the national bank raising interest rates? Are fiscal conservatives being elected? Have storms or droughts disrupted agriculture, tourism, and other industries?

Most investors find it best to apply both technical and fundamental analysis techniques when evaluating a purchase or sale.

Factors influencing the Price of Loom

Many factors affect the value of Loom.

The Loom exchange rate sometimes moves with changes in the wider economy. And sometimes crypto moves the opposite direction. For example, many cryptos have made impressive gains despite bank failures and economic uncertainty in international financial markets. This may indicate that investors have turned away from risky banks and turned to crypto, which has delivered historic long-term benefits.

Government regulations have a great impact on the price of Loom and other currencies. Tax policies, regulations regarding investments, mining restrictions, government plans for official digital currencies, and other developments can move the crypto market higher or lower.

Newsmakers increasingly influence crypto prices. When a billionaire entrepreneur tweets support for a particular coin or token, the price often goes up. More and more celebrities are promoting cryptos and NFTs to millions of followers on social media. The effects of these endorsements on crypto prices cannot be overstated. Watch for mentions of Loom in the news, monitor LOOM on Twitter. Visit the project’s online community at Discord or elsewhere. The better informed you are, the better the decisions you will be empowered to make.

Live Loom value and market cap

The live Loom exchange rate varies from moment to moment as transactions take place on exchanges all over the world. Given the volatility of cryptocurrencies, prices can rise or fall significantly in a short period.

The market capitalisation of Loom is equal to the value of Loom multiplied by the number of Loom in circulation.

What payment methods can I use to buy Loom

What can you do with your Loom?

Buy Loom with euros

Access Loom tokens before they are listed on centralised exchanges. Get the best rates and purchase with your card or bank account, all on one platform.

Exchange Loom

Swap some or all of your Loom for any other crypto with ease. No crypto platform makes transactions as fast and convenient as Kriptomat.

Use Loom

Use the Loom you buy with the Kriptomat app to access Web3 dApps, DeFi applications, games, and NFT marketplaces.

Sell Loom for euros

Simplify your life with the Web3 wallet that lets you sell your Loom for euros in seconds. Easily withdraw to your bank account or bank card.

Earn Loom

With Loom, you can easily access DeFi with liquidity pools. Liquidity pools are funds that allow users to lend or borrow Loom at competitive interest rates.

Hold your Loom

Your Loom tokens will be securely stored in your Kriptomat Web3 wallet. You can save it for a rainy day or until you’re ready to cash in.

How much is 1 Loom worth?

LOOM/EUR
(Euro)

NaN €

LOOM/USD
(US Dollar)

NaN $

LOOM/BGN
(Bulgarian Lev)

NaN лв.

LOOM/CZK
(Czech Koruna)

NaN Kč

LOOM/HUF
(Hungarian Forint)

NaN ft

LOOM/PLN
(Polish Zloty)

NaN zł

LOOM/SEK
(Swedish Krona)

NaN kr

LOOM/TRY
(Turkish Lira)

NaN ₺

LOOM/CHF
(Swiss Franc)

NaN fr.

LOOM/NOK
(Norwegian Krone)

NaN kr

LOOM/RON
(Romanian Leu)

NaN L

LOOM/DKK
(Danish Krone)

NaN kr.

Loom Price FAQ