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    Cryptocurrencies Loom Network (OLD)
    USD
    $0.0471515 $ 0.0471515
    +¥5204,24 -2.6% 1D
    1D 1M 1Y ALL
    Updated:
    LOADING DATA
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    Market Cap (USD)
    39.15M
    24H Volume
    183.34K
    Circulating Supply
    833.92M LOOMOLD
    Max Supply
    --
    All Time High
    0.772485
    Rank
    439

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    Loom Network (OLD) FAQs

    • 1. What determines the price of Loom Network (OLD)?
      There are two schools of thought in determining the price of Loom Network (OLD).

      By way of intrinsic value: This typically involves on-chain metrics, project metrics and financial metrics of Loom Network (OLD), collectively known as fundamental analysis. The law of supply and demand, tokenomics, use case, project roadmap as well as regulations and governance involved would affect the value of Loom Network (OLD) from a long term perspective.

      By way of price action: Primarily analyzed via candlestick chart patterns and technical indicators such as MACD, RSI and the bollinger bands, technical analysis forecasts the price of Loom Network (OLD) on the basis that history tends to repeat itself. As the candlestick charts are a general representation of the emotion of the market, news announcements and community sentiment can be significant price action drivers for Loom Network (OLD) as well.

      HODLers tend to prefer the long term nature of fundamental analysis, whereas short term traders tend to rely on technical analysis more. In reality, both analyses may combine and create interesting scenarios for Loom Network (OLD) and the cryptocurrency market as a whole.
    • 2. What is the highest price of Loom Network (OLD) in history?
      Loom Network (OLD) achieved the all-time high of $0.77 in 2018-05-04, and is currently trading at $0.047.
    • 3. What is the lowest price of Loom Network (OLD) in history?
      In 2020-03-13, Loom Network (OLD) reached the all-time low of $0.0079.
    • 4. Should I buy Loom Network (OLD) now?
      It is important to remember that Loom Network (OLD), like all other cryptocurrencies, are subject to extreme market conditions, legal policies, project team management and other unpredictable factors. As such, cryptocurrencies fluctuate greatly and it is important to manage your own risk level. Users are advised to do your own research when making investment decisions in the crypto market.

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