LOOP
Reputation Ratings

LOOP

LoopNetwork 2-5 years
Crypto
Coin
Token
Website https://www.theloopnetwork.org/
Browser
OTH RELPs
White Paper
LOOP Avg Price
0.00%
1D

$ 0.0217 USD

$ 0.0217 USD

Market Cap

$ 3.938 million USD

$ 3.938m USD

24h trading volume

$ 16,174 USD

$ 16,174 USD

7d Vol

$ 110,633 USD

$ 110,633 USD

Circulating supply

0.00 0.00 LOOP

LoopNetwork-related information

Issue Time

2022-03-14

Platform pertained to

--

Current coin price

$0.0217USD

Market Cap

$3.938mUSD

Volume of Transaction

24h

$16,174USD

Circulating supply

0.00LOOP

Volume of Transaction

7d

$110,633USD

Change

24h

0.00%

Number of Markets

19

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Current Rate0

Available

0.00USD

Calculate

LOOP Price Chart

LoopNetwork introduction

Markets

3H

0.00%

1D

0.00%

1W

0.00%

1M

-25.41%

1Y

-60.17%

All

+361.97%

AspectInformation
Short NameLOOP
Full NameLoop Network
Support ExchangesPancakeSwap, Gate.io, MEXC, Deepcoin, BitMart, Bibox
Storage WalletsMetamask, Binance Chain Wallet
Customer ServiceTelegram, Twitter

Overview of Loop Network (LOOP)

Loop Token is the native cryptocurrency of the Loop Network ecosystem, offering a scalable blockchain solution that transcends the limitations of earlier platforms like Ethereum. With its EVM compatibility, Loop Token enables seamless integration of Ethereum-based smart contracts, ensuring a familiar environment for developers.

Utilizing the innovative Proof of Stake and Authority (PoSA) consensus mechanism, Loop Token ensures fast block times and lower fees, enhancing efficiency and affordability. Its native cross-chain communication capabilities further boost interoperability and liquidity, opening doors for diverse applications.

Loop Network (LOOP)'s homepage

Pros & Cons

ProsCons
Interoperability with DEXsLack of widespread adoption
Native cross-chain communicationVolatility in token price
EVM compatibility for dApp developmentReliance on Ethereum ecosystem
Active support for DeFi applications

LOOP Price Prediction

Over the coming decades, LOOP's price is expected to experience fluctuations. By 2030, the trading range is projected to be between $0.02250 and $0.1988.In 2040, our forecast suggests LOOP could reach a peak price of $0.2437,with a potential minimum around $0.07548.Looking ahead to 2050, technical analysis indicates that LOOP's price could range from $0.3121 to $0.5463,with an estimated average trading price of about $0.3298.

      What Makes Loop Network (LOOP) Unique?

      Loop Network (LOOP) stands out for its innovative approach to blockchain scalability and interoperability.

      Unlike traditional platforms like Ethereum, Loop Network addresses the scalability and usability challenges without compromising decentralization. It achieves this through EVM compatibility, enabling seamless integration of Ethereum-based smart contracts and tools.

      Additionally, Loop Network leverages an advanced consensus mechanism known as Proof of Stake and Authority (PoSA), ensuring fast block times and lower transaction fees.

      Moreover, its native cross-chain communication capabilities facilitate fluid asset transfer and trading across different chains, enhancing liquidity and user experience.

      Overall, Loop Network's unique blend of scalability, interoperability, and decentralization positions it as a pioneering solution in the blockchain space.

      What Makes Loop Network (LOOP) Unique?

      How does Loop Network (LOOP) Work?

      Loop Network (LOOP) operates through a combination of innovative technologies and design principles to address key challenges in the blockchain space.

      At its core, Loop Network is built on an architecture that supports Ethereum Virtual Machine (EVM) compatibility, allowing seamless integration with existing Ethereum-based tools and smart contracts. This compatibility ensures that developers can leverage familiar tools and languages to build decentralized applications (dApps) on the Loop Network platform.

      How does Loop Network (LOOP) Work?

      One of the key components of Loop Network's functionality is its consensus mechanism, known as Proof of Stake and Authority (PoSA). This consensus model combines elements of Proof of Stake (PoS) and Proof of Authority (PoA), where blocks are produced by a limited set of validators who are elected based on staking and governance mechanisms. This approach enables faster block times and lower transaction fees compared to traditional Proof of Work (PoW) blockchains.

      Additionally, Loop Network implements native cross-chain communication through its Bridge technology, enabling seamless asset transfer and interoperability with other compatible chains. This feature enhances liquidity and expands the use cases of Loop Network's native token (LOOP) by facilitating trading and exchange across different blockchain networks.

      In summary, Loop Network's architecture, consensus mechanism, and cross-chain communication capabilities work together to create a scalable, interoperable, and user-friendly blockchain platform, positioning it as a promising solution for decentralized applications and digital asset management.

      Exchanges to Buy Loop Network (LOOP)

      • MEXC: Leading crypto exchange. Facilitates trading of Loop Network (LOOP) with high liquidity and multiple trading pairs, ensuring efficient and secure transactions for users worldwide.
      • Step 1Register on MEXC via app or website using email or mobile number.
        Step 2Choose buying method for LoopNetwork (LOOP): - Credit/Debit Card Purchase- P2P/OTC Trading- Global Bank Transfer- Third-party Payment
        Step 3Store or use LOOP in MEXC wallet.
        Step 4Trade LOOP on MEXC: buy, sell, or stake for passive income.

        Buying link:https://www.mexc.com/how-to-buy/LOOP.

        • Gate.io: Global cryptocurrency exchange. Provides secure and user-friendly platform for trading Loop Network (LOOP) with various trading pairs and advanced trading features.
        • Step 1Create an account on Gate.io or log in.
          Step 2Complete KYC and security verification.
          Step 3Choose preferred method to buy LOOP:- Spot trading- Bank transfer- Credit card- On-chain deposit- Deposit GateCode- Other
          Step 4Purchase LOOP at market price or set desired buy price.
          Step 5Verify successful purchase; LOOP now in your wallet.

          Buying link: https://www.gate.io/ru/how-to-buy/loopnetwork-loop.

          • PancakeSwap: Decentralized exchange on Binance Smart Chain. Offers low fees and high liquidity for trading Loop Network (LOOP) using automated market maker (AMM) model.
          • Deepcoin: Cryptocurrency exchange platform. Enables seamless trading of Loop Network (LOOP) with competitive fees and intuitive interface, catering to both novice and experienced traders.
          • BitMart: Cryptocurrency exchange offering diverse trading pairs. Supports efficient trading of Loop Network (LOOP) with robust security measures and user-friendly interface for optimal trading experience.
          • Bibox: AI-enhanced cryptocurrency exchange. Provides a reliable platform for trading Loop Network (LOOP) with advanced trading tools, high liquidity, and comprehensive security features, ensuring a seamless trading experience.
          • Exchanges to Buy Loop Network (LOOP)

            How to Store Loop Network (LOOP)?

            Loop Network (LOOP) can be stored in both Metamask and Binance Chain Wallet.

            • MetaMask: Popular Ethereum wallet and browser extension. Allows users to store, send, and receive Loop Network (LOOP) securely, with access to decentralized applications (dApps) and Ethereum-based assets.
            • Binance Chain Wallet: Official wallet for Binance Smart Chain. Provides a secure and convenient way to store Loop Network (LOOP) and other ERC-20 assets, with seamless integration with Binance ecosystem.
            • Is It Safe?

              Loop Token's EVM compatibility facilitates the smooth integration of Ethereum-based smart contracts, enhancing interoperability and functionality. While this feature provides a relatively safe environment for developers, carrying out adequate research is still essential to understand potential risks and ensure compatibility with specific project requirements.

LOOP Good investment market

LoopNetwork User Reviews

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johari
$LOOP bullish on loop! One of the few projects that are not in a downtrend in the charts!
2022-10-26 10:56
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