It’s true that Loom Network was a great disappointment for investors in 2018. LOOM price went down from $0.000001 on January 1st 2018 to $0.000001 on December 31 2018. However, it is worth monitoring our Loom Network price prediction algorithm: Loom Network might still have investment potential if not short term in 2019, then long-term. If you look for good return in 3 to 5 years, LOOM might be the coin to watch closely now.
The current Loom Network price is $0.023707, its circulating supply is 969 599 860 LOOM. Our algorithm predicts that based on historical data Loom Network price will be at $0.026551 in 1 week and $0.046721 in 1 month. Our deep learning algorithm predicts the LOOM price will be at $0.102711 in 6 months. Analysis of the cryptocurrency market shows that Loom Network price may reach $0.089343 by 1st of January 2020 driven by the potential interest from large institutional investors and more regulation expected in the field of digital currencies. The system predicts that LOOM will stay around $0.080573 in 2019, $0.089343 in 2020, $0.094321 in 2021, $0.108215 in 2022 and $0.120357 in 2023.
While creating the Loom Network prognosis our script has revealed strong fluctuations during the last 180 days. The highest possible predicted price in 180 day period is $0.102711 and lowest possible predicted price is $0.077509.
The current market dynamics creates the impression that investors' interest in cryptocurrency market has faded away, which may not be the case. Cryptocurrencies that truly deliver value will not vanish, they will continue to grow – and Loom Network has the potential to stay within "survivors" team. Our Loom Network short-term and long-term prediction charts will help you choose the right entry time and create a proper exit plan.
Keep a close look on our Loom Network Price Prediction Forecast Tool to get daily, weekly, monthly and yearly Loom Network forecast updated daily. You can also check other cryptocurrency price prediction here.
What is the current price of Loom Network (LOOM)?
The current price of Loom Network is $0.023707.
What is the current market capitalization of Loom Network (LOOM)?
The current market capitalization of Loom Network is $22 986 635.
What will be the price of Loom Network (LOOM) Tomorrow?
Our algorithm forecasts that the price of Loom Network will reach $0.024084 tomorrow.
In 1 year from now what will 1 Loom Network be worth?
As per the forecast and algorithmic analysis, the the price of 1 Loom Network will be around $0.080573.
Is it profitable to invest in Loom Network (LOOM)?
The investment period is the number 1 decisive factor here. Based on last year price data the system would put "With Caution" investment status for Loom Network (LOOM) as a short term investment. Loom Network can get a "Profitable" investment status based on our prediction algorithm with long term investment horizon of 3 to 5 years.
Will Loom Network be growing in the Future?
Loom Network is potentially one of the most profitable among digital coins.
How high can the Price of Loom Network go?
Our algorithm forecasts that the price of Loom Network will reach $0.120357 by 2023.
Is Loom Network (LOOM) flashing a "Buy" signal now?
Yes, our algorithm predicts it's the right time to buy Loom Network now.
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.
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.
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.
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