LOOM to ETH conversion chart
Loom Network to Ethereum correlation
According to the correlation analysis, LOOM and ETH have a strong relationship with each other and are correlated. Whenever there is a change in the price of LOOM then ETH also tends to follow the same pattern and move together.
LOOM Price Change and Market Cap
At the moment, the LOOM price is 0.000022 ETH and it changed by -0.83% in the last 24 hours. Loom Network has a total market capitalization of $1 today. 0.9555 LOOM is in circulation. The 24-hour highest price of LOOM was 0.00002177 ETH and the lowest was 0.00001828 ETH.
Loom Network Price Prediction
Loom Network was first released on October 1, 2017, with the LOOM tokens going public in the following spring. The ATH from May 4, 2018 — $0.7745 — still stands unconquered. In 2019 and most of 2020, LOOM price would stay in the $0.01~0.02 area. The more recent crypto rally gave it a chance to beat the previous record, but the demand wasn't there: LOOM would not go over $0.255.
In the LOOM price predictions in a year from now, experts give a tame range of targets — from $0.06 to $0.08. A 2025 LOOM price prediction is way less accurate: various sources give targets ranging from $0.017 to $0.17. Only by 2030 Loom Network is expected to reach $1.
Loom Network Wallets
Still confused about which wallet to pick?
We recommend Trezor, CoolWallet S and Exodus wallet. Each of them has peculiarities and serve different purposes. In all of these wallets, you can store LOOM, monitor live Loom Network prices and also exchange it from ChangeHero without leaving the application.
LOOM to ETH exchange margin
The closing conversion rate for LOOM to ETH yesterday was {{LAST}}. Considering today’s exchange rate, a transaction of 1 LOOM to ETH would result in an output of 0.000022 ETH.
How to convert Loom Network to Ethereum
Loom Network and Ethereum comparison
Loom Network is a platform on top of Ethereum that enables reliable applications to work in side chains. It is powered by Plasma, one of the more common Ethereum scaling solutions, which shards transactions and records only the total output on the main chain. In addition to sharding, Loom Network employs zero-knowledge proofs for additional security. LOOM tokens act as a pass to access the Loom-based applications. They cannot be mined, and to earn those users have to engage with the apps.
Ethereum was launched in 2014 by Vitalik Buterin. It is an open-source blockchain network with a major emphasis on smart contracts. For the starters, smart contracts are pieces of code which automatically processes the transactions once the preset conditions are met. Ethereum is often praised as the Second Generation of blockchain. Ether is the native cryptocurrency of the Ethereum Blockchain.
What is Loom Network?
Loom Network is a platform on top of Ethereum that enables reliable applications to work in side chains. It is powered by Plasma, one of the more common Ethereum scaling solutions, which shards transactions and records only the total output on the main chain. In addition to sharding, Loom Network employs zero-knowledge proofs for additional security.
LOOM tokens act as a pass to access the Loom-based applications. They cannot be mined, and to earn those users have to engage with the apps.
Loom Network to Ethereum price details
LOOM to ETH Conversion Rate and Price
At the moment, the conversion rate for 1 LOOM equals to 0.000022 ETH. The 24-hour highest price of Loom Network in relation to ETH was 0.00002177 ETH and the lowest was 0.00001828 ETH. In short, the LOOM price in relation to ETH changed by -0.83%.
Instantly Exchange LOOM to ETH
On ChangeHero you can instantly exchange Loom Network to Ethereum without signup. You can easily convert LOOM to ETH in a few clicks without worrying about the rates and fees. ChangeHero offers both the Best and Fixed rates for your LOOM to ETH exchange.
LOOM to ETH Best Rate Exchange
For the Best Rate exchange of Loom Network to Ethereum, we search through various exchanges for the LOOM to ETH pair and find the best rate available in the market. We provide you with an estimation of the amount of ETH you will receive.
As soon as you accept the terms and the LOOM is deposited, the exchange will be automatically processed. We remind you that the final amount of ETH you receive may vary slightly due to the volatility in the price of the cryptocurrencies which affects the conversion rate of LOOM to ETH.
LOOM to ETH Fixed Rate Conversion
For the Fixed Rate exchange of Loom Network to Ethereum, ChangeHero finds a good rate for the pair LOOM to ETH and fixes the rate for up to 15 minutes. In the Best Rate exchange of LOOM to ETH, you will receive the exact amount of ETH shown in the estimate.
ChangeHero is a non-custodial service and never holds your cryptocurrency. As soon as the exchange is completed, we send your assets to the mentioned ETH address. ChangeHero is the best place to exchange LOOM to ETH fast and safe at the best rates.
Frequently asked questions
How long does it take to convert LOOM to ETH?
Usually, it takes around 15 minutes but the time may vary depending on how busy the network is.
Do I need an account to exchange LOOM to ETH?
No, you do not need an account to swap LOOM to ETH on ChangeHero. There will be no registrations for your Loom Network to Ethereum transaction.
Do I need to go through KYC procedures for LOOM to ETH exchange?
There will be no KYC for the LOOM to ETH exchange. However, if our threat detection system raises the alarm then we ask you to complete a simple verification procedure that takes a few minutes.
Can I exchange ETH to LOOM?
Yes, you can instantly exchange ETH to LOOM on ChangeHero.
Buy and sell Ethereum
Are you looking to buy Ethereum? Now, on ChangeHero you can buy and sell Ethereum with a credit or debit card. Also, you can see your cryptocurrency on ChangeHero to US Dollars and Euro. Give it a try.
