What Loom Network powers

Loom Network (LOOM) is a gaming / NFT-ecosystem token, currently ranked 405th by market capitalization among the assets we track. Loom Network lives inside an interactive economy — a game, a virtual world, or an NFT marketplace. The token mixes speculative upside with genuine in-world utility, and usage is what's supposed to underpin it.

Loom Network (LOOM) is a blockchain platform designed for building decentralized applications, particularly in the gaming sector and social networking. It enables developers to create high-performance DApps with seamless user experiences.

How game-economy tokens hold value

The honest test for a gaming token is whether the game is fun and sticky enough that people spend without expecting to flip LOOM for profit. Pure play-to-earn loops tend to inflate and then collapse.

LOOM is not mined; it is issued as a token rather than secured by its own mining or staking layer.

Background & fundamentals

Loom Network operates under a centralized structure, which concentrates protocol decisions in an identifiable issuer or foundation. A documented core team of 24 contributors is listed publicly, a depth of disclosed staffing many long-tail tokens lack. Its codebase is open-source, meaning the implementation can be audited rather than taken on trust.

CoinPaprika classifies the project's development status as "Alpha version". In sector terms it is most often filed under Platform, Smart Contracts, and Ethereum (ETH) Token (ERC-20).

Where Loom Network sits in the market

With LOOM near $0.0350, Loom Network carries a market capitalization of $43.42M. Around $191.06K changes hands across exchanges in a typical 24-hour window. That is a turnover of about 0.44% of the float — on the quieter side, which can mean thinner liquidity for large orders.

Loom Network carries no fixed maximum supply; issuance follows a programmatic schedule rather than a hard cap. LOOM remains -95% beneath its all-time high of $0.7745, the kind of gap that historically takes a full cycle or a fresh catalyst to close.

What the price history shows

The tape currently reads 24-hour -0.03%, 7-day -0.04%.

Volatility profile

Recent action puts Loom Network in the Low-volatility band — it has been relatively stable, with moves typical of large-cap, mature assets.

How to evaluate a gaming token like Loom Network

For an asset of this type, three lenses matter most:

  • Player activity — real, retained users inside the game or platform behind LOOM.
  • Token sinks — whether the economy has durable demand for LOOM beyond reward emissions.
  • Studio execution — the team's ability to ship and sustain a product people actually want to use.

This page pulls live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model into one view so you can work through those questions in a single place. None of it is investment advice — it is a structured starting point for your own research.