LOOM’s Great Performance Continues With Price and Volume Upticks
- Coinalyze revealed in an X post yesterday that LOOM recorded more trading volume than BTC over the weekend.
- Notably, LOOM’s trading volume was less than 50% lower of all smaller-capped cryptocurrencies during the same period.
- At press time, LOOM was up 6.77% over the past 24 hours and 119.73% for the past week.
The trading analysis platform Coinalyze revealed in an X (formerly Twitter) post yesterday that Loom Network (LOOM) 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.
$LOOM > $BTC
— Coinalyze (@coinalyzetool) October 15, 2023pic.twitter.com/GmHlHLqeQU
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.
LOOM’s price also performed impressively throughout the past couple of days. Data from CoinMa…
The post LOOM’s Great Performance Continues With Price and Volume Upticks appeared first on Coin Edition.
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LOOM’s Great Performance Continues With Price and Volume Upticks
- Coinalyze revealed in an X post yesterday that LOOM recorded more trading volume than BTC over the weekend.
- Notably, LOOM’s trading volume was less than 50% lower of all smaller-capped cryptocurrencies during the same period.
- At press time, LOOM was up 6.77% over the past 24 hours and 119.73% for the past week.
The trading analysis platform Coinalyze revealed in an X (formerly Twitter) post yesterday that Loom Network (LOOM) 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.
$LOOM > $BTC
— Coinalyze (@coinalyzetool) October 15, 2023
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.
LOOM’s price also performed impressively throughout the past couple of days. Data from CoinMa…
The post LOOM’s Great Performance Continues With Price and Volume Upticks appeared first on Coin Edition.
Read More