The LOOM coin has been generating investor buzz climbing the cryptocurrency charts, however, it has also been notable on the list of
Perpetual Contracts Binance plans to delist. Crypto enthusiasts are anticipating LOOM coin's growth with price predictions indicating its potential to surpass $1 after it already surged another 200%. Nonetheless, signals of volatility are detected as institutional interest and potential rulings on Bitcoin could inflict impacts on altcoins including LOOM. Concerns tied to SEC strategies on crypto regulation are looming large. Pressure also arises as
$2B worth of Altcoin Tokens are due for unlocking along with a substantial
Bitcoin distribution.
ETF Approval questions linger under the Trump administration, stressing on the likes of LINK, SOL, XRP, and LTC. Markets remain on the edge due to numerous concerns, including Federal Reserve decisions and BTC dropping below crucial levels. The LOOM Network is set to experience significant changes in the coming years, however,
Binance's delisting of
XEM, ORBS, and LOOM Perpetual Contracts and conversion of Monero and Bitcoin Gold comprise a rough undertone. Despite these, LOOM continues its development and with the crypto market remaining largely unpredictable, the LOOM holds its ground as a noteworthy contender in the arena and a potential good investment.
LOOM Coin News Analytics from Fri, 07 Dec 2018 08:00:00 GMT to Fri, 13 Dec 2024 14:24:14 GMT -
Rating -2
- Innovation 2
- Information 7
- Rumor 3
