Loom Network

<ul class="news-points"> 
 <li><strong>Coinalyze revealed in an X post yesterday that LOOM recorded more trading volume than BTC over the weekend.</strong></li> 
 <li><strong>Notably, LOOM’s trading volume was less than 50% lower of all smaller-capped cryptocurrencies during the same period.</strong></li> 
 <li><strong>At press time, LOOM was up 6.77% over the past 24 hours and 119.73% for the past week.</strong></li> 
</ul> 
<p>The trading analysis platform Coinalyze revealed in an X (formerly Twitter) post yesterday that <a href="https://coinedition.com/tag/loom-network-loom/">Loom Network (LOOM)</a> recorded significantly more trading volume than the market leader bitcoin (BTC). According to the post, LOOM’s 24-hour trading volume reached $4.8 billion. BTC’s trading volume during the same period reached $4.5 billion.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="und" dir="ltr"><a href="https://twitter.com/search?q=%24LOOM&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$LOOM</a> &gt; <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$BTC</a> <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f643.png" alt="🙃" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/GmHlHLqeQU" target="_blank" rel="nofollow">pic.twitter.com/GmHlHLqeQU</a></p>— Coinalyze (@coinalyzetool) <a href="https://twitter.com/coinalyzetool/status/1713572358814933056?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">October 15, 2023</a>
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  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
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<p>Meanwhile, the largest altcoin in terms of market cap, ether (ETH), saw its 24-hour volume rise to $2.5 billion. What makes LOOM’s uptick in trading volume impressive is the fact that the combined trading volume of all smaller-capped cryptocurrencies was less than 50% more than that of LOOM, which stood at around $6.8 billion.</p> 
<p>LOOM’s price also performed impressively throughout the past couple of days. Data from CoinMa…</p>
<p>The post <a rel="nofollow" href="https://coinedition.com/looms-great-performance-continues-with-price-and-volume-upticks/">LOOM’s Great Performance Continues With Price and Volume Upticks</a> appeared first on <a rel="nofollow" href="https://coinedition.com">Coin Edition</a>.</p>

LOOM’s Great Performance Continues With Price and Volume Upticks

Coin Edition

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