$ 0.0217 USD
$ 0.0217 USD
$ 3.938 million USD
$ 3.938m USD
$ 16,174 USD
$ 16,174 USD
$ 110,633 USD
$ 110,633 USD
0.00 0.00 LOOP
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
Current Rate0
0.00USD
3H
0.00%
1D
0.00%
1W
0.00%
1M
-25.41%
1Y
-60.17%
All
+361.97%
Aspect | Information |
Short Name | LOOP |
Full Name | Loop Network |
Support Exchanges | PancakeSwap, Gate.io, MEXC, Deepcoin, BitMart, Bibox |
Storage Wallets | Metamask, Binance Chain Wallet |
Customer Service | Telegram, Twitter |
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.
Pros | Cons |
Interoperability with DEXs | Lack of widespread adoption |
Native cross-chain communication | Volatility in token price |
EVM compatibility for dApp development | Reliance on Ethereum ecosystem |
Active support for DeFi applications |
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.
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.
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.
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.
Step 1 | Register on MEXC via app or website using email or mobile number. |
Step 2 | Choose buying method for LoopNetwork (LOOP): - Credit/Debit Card Purchase- P2P/OTC Trading- Global Bank Transfer- Third-party Payment |
Step 3 | Store or use LOOP in MEXC wallet. |
Step 4 | Trade LOOP on MEXC: buy, sell, or stake for passive income. |
Buying link:https://www.mexc.com/how-to-buy/LOOP.
Step 1 | Create an account on Gate.io or log in. |
Step 2 | Complete KYC and security verification. |
Step 3 | Choose preferred method to buy LOOP:- Spot trading- Bank transfer- Credit card- On-chain deposit- Deposit GateCode- Other |
Step 4 | Purchase LOOP at market price or set desired buy price. |
Step 5 | Verify successful purchase; LOOP now in your wallet. |
Buying link: https://www.gate.io/ru/how-to-buy/loopnetwork-loop.
Loop Network (LOOP) can be stored in both Metamask and Binance Chain Wallet.
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.
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