Loom Network Reviews & Comments 2020



I consider LOOM to be one of the most well-balanced altcoins from below the Top 100. It has a sufficient market cap of $20 million, which is not bad for a mid-sized project like Loom Network; the daily trading volume amounts to $3,6 million, spread evenly across four cryptocurrency exchanges: Binance, Bithumb, MXC, and Bilaxy. I have tried trading LOOM on Binance, in the LOOM/BTC pair, and made some money. Not a lot, but enough to call this coin profitable.

Clau_dio   April 2, 2020  


Loom Network is the coin that has virtually nothing to show for. It has been in a steady downtrend for over six months, and had a negative year in general. Although I am not an altcoin holder, I understand that there are plenty of altcoins that could provide massive gains, but LOOM is definitely not the case. I am sure that it would never reach the Top 100.

Coin Dealer   January 16, 2020  


The trading volume of LOOM is relatively low on popular cryptocurrency exchanges like Binance and CoinBene, with the most intense trading activity taking place on Bilaxy, MXC, and Latoken. There are also only a handful of markets for LOOM/USDT or any other stablecoin. Given that most deals on trading platforms involve one or the other stablecoin, it is possible to say that LOOM is at a disadvantage. However, if you intend to buy yourself some LOOM, now is probably the best time to do this since the price is almost at its all-time low.

GGTrippin   October 8, 2019  


LOOM is an awesome coin with equally great technology backing it. It’s already using Plasma, and has off-chain transactions that put its TPS far above Ethereum. LOOM is a slept on coin, and if you aren’t holding on to LOOM then I feel bad for you. This is a game changing coin and it’s set to rocket once the tide transfers from BTC into alts. The alt market got decimated in the last week because BTC is looking dangerous, but ALTS always respond after a big move from BTC. Patience is going to be your key to freedom.

Jen   April 28, 2019  


Loom is a really reliable project. Not only are they the first to implement Plasma onto the ethereum network, but they're also already running transactions. LOOM is going to survive crypto winter because they've made themselves reliable. This is a project to keep tabs on because they know what they're doing.

Jon   March 18, 2019  


Loom has been my biggest winner ever since I invested in their ICO last year. This coin always pumps and it rarely dips. Loom has one of the best products because it already works, AND they're already using a scalability method based off of Plasma. OMG team can't even get their own idea off the ground but LOOM team already did it. Kudos to LOOM and everyone still on board this amazing project.

Lucio   March 4, 2019  


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Loom Network’s DPoS sidechains allow for truly scalable blockchain games and DApps with the security of Ethereum mainnet. Like EOS on Ethereum. Loom Network is a Layer 2 scaling solution for Ethereum that is live in production. It is a network of DPoS sidechains, which allows for&nbs...

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