Loom Network Price Forecast 2024-2030

Reached an all-time low of $0.00039 in September 2020. Our Loom Network price prediction shows it will reach $0.14 by the end of 2024. Based on our Loom Network price forecast for 2025, Loom Network Price Forecast 2024-2030 may trade at an average price of $0.25.

Loom Network (Loom Network Price Forecast 2024-2030) is a multi-chain platform that allows developers to build and scale high-performance dApps. This is especially true for applications that require a fast user interface for users to seamlessly join encryption.

With a market cap of $206 million, Loom Network Price Forecast 2024-2030 is a proof-of-stake token that can be used to secure the network through staking or used by developers to pay for dApp hosting on the Loom network.

Our Loom Network price prediction takes into account several aspects that could affect the price, including its macroeconomics, token utility, and price movements.

Loom Network Price Prediction Summary

• Loom Network (Loom Network Price Forecast 2024-2030) emerged in April 2018 at a price of $0.1.
• The coin hit an all-time high at $0.7 in the same month.
• Reached an all-time low of $0.00039 in September 2020.
• Our Loom Network price prediction shows it will reach $0.14 by the end of 2024.
• Based on our 2025 Loom Network price forecast, Loom Network Price Forecast 2024-2030 may trade at an average price of $0.25.

Loom Network Price Prediction 2024-2030

• Our Loom Network cryptocurrency price shows an average price of 0.14 USD in 2024.
• According to our Loom Network price prediction, the price may peak at $0.17 by the end of 2024.
• Technical analysis shows that the Loom Network token price may change hands between $0.18 and $0.33 by 2025.
• Loom Network token prediction targets a peak level of $0.47 in 2030.

##YearPotential LowMeal Average BudgetPotential High

2024	$0.11	$0.14	$0.17
2025	$0.18	$0.25	$0.33
2030	$0.22	$0.34	$0.47

Loom Network Historical Price

Loom Network is a multi-chain platform that integrates Bitcoin, Ethereum, BNB Smart Chain and Tron blockchain, allowing developers to build products in these areas simultaneously Decentralized applications running on the blockchain.

Their Loom Network Price Forecast 2024-2030 token was listed on the exchange in April 2018 at $0.1. Within the same month, it quickly jumped to $0.7, delivering impressive returns to early investors. Unfortunately, over the next few years, this price was never reached, not even during the 2021 bull market.

Loom Network Price Forecast 2024-2030 traded at $0.294 in 2021 and continued lower until reaching a low of $0.031 in June 2022.

On October 15, 2023, Loom Network Price Forecast 2024-2030 once again peaked at $0.5, a price point not seen in over five years. One reason for this may be a mistaken identity as Atlassian announced it would acquire Loom for $975 million. However, this is not Loom Network, but an asynchronous video messaging tool.

Previously in September, Gate.io announced that it would launch Loom Network on its platform, which first started the Loom Network Price Forecast 2024-2030 rebound. Unfortunately, the price has since fallen back to $0.16 after peaking, likely due to profit-taking and the realization that Atlassian acquired another Loom company.

Loom Network Historical Price Highlights:

• Loom Network started trading in April 2018 at a price of $0.1
• It peaked in April 2018, Price is $0.7
• The lowest price $0.00039 was in September 2020
• Loom Network Price Forecast 2024-2030 has a market cap of $206 million and a circulating supply of 1.2 billion tokens

Loom Network Price Prediction 2024

In 2024, the strongest catalyst to start a new bull market cycle may be the Bitcoin halving, which is expected to occur in April 2024. Historically, this has helped boost Bitcoin prices after each halving; when Bitcoin rises, most cryptocurrencies follow.

Loom Network’s token could be the winner of the next bull run, as demand for crypto developers will increase as new liquidity enters the crypto space. Since crypto developers using the Loom network will need to purchase Loom Network Price Forecast 2024-2030 tokens to pay for the network, demand for the token will grow.

There is no official roadmap for 2024, but the team may expand the CryptoZombies Live event, an online course on blockchain programming on Ethereum and EVM. The user experience may get an overhaul and updates to the course may be made.

In addition, the team may continue to build zkRollup on the testnet and use AI to solve problems on the mainnet and testnet.

The combination of crypto market catalysts and demand for Loom Network tools could send Loom Network Price Forecast 2024-2030 prices between $0.11 and $0.17 in 2024.

CoinCodex experts believe that Loom Network Price Forecast 2024-2030 will change hands between $0.082412 and $0.296682 in 2024, while Bitnation believes that Loom Network Price Forecast 2024-2030’s average price in 2024 will be $0.187752.

Loom Network Price Prediction Long Term Outlook – 2025-2030 Forecast

Between 2025 and 2030, the crypto market may experience another bull/bear market cycle. This time around, the main catalysts could be cryptocurrency regulation and another Bitcoin halving in 2028.

While there is no project roadmap at this time, Loom Network may expand its CryptoZombies online course to other growing blockchains, including Solana, which uses a different programming language than Ethereum.

If Loom Network expands to more blockchains, and Ethereum-based blockchains continue to grow in the coming years, we may see developer demand for the Loom Network platform, helping Loom Network Price Forecast 2024-2030 prices Rising to $0.33 by 2025 and above $0.47 by 2030.

Bitnation is more optimistic about the price outlook, predicting that Loom Network Price Forecast 2024-2030 will trade at $1.10 by 2030, up from $0.400538 in 2025. On the other hand, CoinCodex believes that Loom Network Price Forecast 2024-2030 will not break above $1 even between 2025 and 2030. Their experts predict that Loom Network Price Forecast 2024-2030 will be worth between $0.079199 and $0.232032 during this time.

Loom NetworkPotential Highs and Lows for Price

Unlike many cryptocurrencies that have purely speculative value, Loom Network Price Forecast 2024-2030 tokens have real utility. With tokens, you can secure Loom's network by staking, or if you are a developer, you can pay Loom Network Price Forecast 2024-2030 tokens to run dApps on Loom's network.

Based on macroeconomic factors such as inflation and interest rates, as well as cryptocurrency news and regulation, the price of Loom Network Price Forecast 2024-2030 may fluctuate between the following prices in the coming years:

year	low potential	average meal budget	high potential
2024	$0.11	$0.14	$0.17
2025	$0.18	$0.25	$0.33
2030	$0.22	$0.34	$0.47

What are other analysts predicting for Loom Network?

ORK price predictions vary across the crypto space, which is why we gathered some of the most prominent experts to see what they think Loom Network Price Forecast 2024-2030’s future price might be.

CoinCodex Experts expect Loom Network to trade between $0.11 and $0.28 in 2025 and peak at $0.49 in 2030.

# On the other hand, Bit Nation predicts a more optimistic price trend for the Loom Network Price Forecast 2024-2030 token. By 2025, prices could range from $0.50 to $0.60, and by 2030, prices could exceed $1.30.

Similar predictions from DigitalCoin Price expect Loom Network’s token to trade at around $0.54 in 2025, peaking at $1.67 in 2030.

Price predictions predict a slower rise for Loom Network Price Forecast 2024-2030, starting at $0.11 by 2025 and peaking at $0.77 by 2030.

According to Loom Network Price Forecast 2024-2030 data, Loom Network Price Forecast 2024-2030 is likely to trade between $0.25 and $0.34 by 2025, AMBCrypto predicts, which is a relatively high price for the token. One of the conservative prospects.

What is Loom Network and what is it used for?

Loom Network is a developer-centric platform that provides developers with tools, education, and resources to build their blockchain dApps. Loom Network is built on the Ethereum blockchain called Basechain's layer 2 solution helps developers scale their products and connect to multiple blockchains, including Ethereum, BNB, Bitcoin and Tron, with EOS and Cosmos coming in the future.

The Loom Network Price Forecast 2024-2030 token is a proof-of-stake token that you can stake to validate the network and earn staking rewards, or if you are a developer, you can use Loom Network Price Forecast 2024-2030 tokens to pay for Loom Network’s services.

What’s interesting about this project is that developers can build their dApps and users of all supported blockchains can easily access the dApp through their native crypto wallet. This can be a huge addition to any crypto developer target audience.

The team behind Loom Network also created CryptoZombies, a free crypto coding school where students can learn to build Ethereum dApps on Solidity. Over 400,000 students have used CryptoZombies learning resources.

Loom Network Price Forecast 2024-2030 can also be traded on leading cryptocurrency exchanges like Binance and KuCoin, meaning day traders and speculators can use the token to take advantage of short-term price movements through professional trading platforms.

Loom Network Coin Overview

##Circulation supply1,219,425,698

Cryptocurrency	Loom Network
Stock Code	sewing machine
行	127
Price changes 24H	-14%
Market value	$206,201,251
24-hour trading volume	$416,083,572
Historical high	$0.7
Historical Low	$0.00039

##What affects the price of Loom Network?

Like all cryptocurrencies, Loom Network’s token prices are affected by a variety of factors, including inflation and interest rates, crypto news, hype, regulations, and the functionality of Loom Network itself.

Current market conditions do not allow Loom Network Price Forecast 2024-2030 to hit new highs, although the Loom Network Price Forecast 2024-2030 token rose by 242% in September and another 250 months after news broke that Atlassian acquired a company of the same name.

However, the price of Loom Network Price Forecast 2024-2030 has started to fall back. Unless we see interest rates drop, a spot Bitcoin ETF gain approval from the Securities and Exchange Commission (SEC), and the Bitcoin halving event, there are no catalysts to push the price of Loom Network Price Forecast 2024-2030 higher along with other cryptocurrencies.

Upgrades of the Loom Network platform will also affect the price of tokens. However, there is nothing spectacular about the near future.

Is Loom Network worth buying?

Loom Network helps developers quickly scale their applications on the Ethereum blockchain. This is a major use case that will likely be in high demand as the crypto space grows. If you think more and more dApps will be built using Loom's services, this might make Loom Network a buy.

However, Bitcoin and top altcoins like Ethereum, Solana, and Cardano are likely to benefit more from the next bull run. It may take some time to move liquidity into less popular cryptocurrencies and tokens, pushing them higher.

Conclusion

Loom Network is a multi-chain platform for developers who want to build decentralized applications. Supported blockchains include Ethereum, BNB, Bitcoin, and Tron, with more to come in the future.

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