- Loom Network is a platform service built on Ethereum that allows developers to run large-scale decentralized applications.
- Loom aims to be the ultimate platform that enables smart contract developers to build applications without transitioning to another programming language.
- The improvement of Loom Network’s technology and usage, increased adoption of Loom Network, and the overall growth of the cryptocurrency market are factors underlying its predictions.
What is Loom Network (LOOM) coin? What is the future of LOOM coin? Detailed LOOM coin predictions from 2024 to 2030 are available only on COINOTAG!
What Is Loom Network (LOOM)?
Loom Network is a platform service built on Ethereum that allows developers to run large-scale decentralized applications. This platform was launched on October 1, 2017.
It is designed to enable application developers to have smart contracts that can sustain the same power for tasks like accessing much more computing power when needed or for trials to accept new users at lower costs, or for applications that do not require the full security of the blockchain.
In this system, you have the ability to interact with APIs developed by third parties outside of the chain. Loom aims to be the ultimate platform that enables smart contract developers to build applications without transitioning to another programming language. Therefore, they can easily integrate their applications with the outside world.
Loom Network operates on Plasma, a scaling solution that allows for faster transactions across the network.
2024 Price Predictions
In 2024, it is expected that the price of Loom Network (LOOM) will reach $0.30 USD. This is approximately three times the price at the end of 2023.
| Month | Minimum Price | Average Price |
Maximum Price
|
| January | 0,15 | 0,17 | 0,19 |
| February | 0,17 | 0,19 | 0,21 |
| March | 0,19 | 0,21 | 0,23 |
| April | 0,21 | 0,23 | 0,25 |
| May | 0,23 | 0,25 | 0,27 |
| June | 0,25 | 0,27 | 0,29 |
| July | 0,27 | 0,29 | 0,31 |
| August | 0,29 | 0,31 | 0,33 |
| September | 0,31 | 0,33 | 0,35 |
| October | 0,33 | 0,35 | 0,37 |
| November | 0,35 | 0,37 | 0,39 |
| December | 0,37 | 0,39 | 0,41 |
2025 Price Predictions
In 2025, it is expected that the price of Loom Network (LOOM) will reach $1.00 USD. This is approximately three times the price at the end of 2024.
| Month | Minimum Price | Average Price |
Maximum Price
|
| January | 0,4 | 0,45 | 0,5 |
| February | 0,45 | 0,5 | 0,55 |
| March | 0,5 | 0,55 | 0,6 |
| April | 0,55 | 0,6 | 0,65 |
| May | 0,6 | 0,65 | 0,7 |
| June | 0,65 | 0,7 | 0,75 |
| July | 0,7 | 0,75 | 0,8 |
| August | 0,75 | 0,8 | 0,85 |
| September | 0,8 | 0,85 | 0,9 |
| October | 0,85 | 0,9 | 0,95 |
| November | 0,9 | 0,95 | 1 |
| December | 0,95 | 1 | 1,05 |
2026 Price Predictions
In 2026, it is expected that the price of Loom Network (LOOM) will reach $2.00 USD. This is approximately twice the price at the end of 2025.
| Month | Minimum Price | Average Price |
Maximum Price
|
| January | 1 | 1,1 | 1,2 |
| February | 1,1 | 1,2 | 1,3 |
| March | 1,2 | 1,3 | 1,4 |
| April | 1,3 | 1,4 | 1,5 |
| May | 1,4 | 1,5 | 1,6 |
| June | 1,5 | 1,6 | 1,7 |
| July | 1,6 | 1,7 | 1,8 |
| August | 1,7 | 1,8 | 1,9 |
| September | 1,8 | 1,9 | 2 |
| October | 1,9 | 2 | 2,1 |
| November | 2 | 2,1 | 2,2 |
| December | 2,1 | 2,2 | 2,3 |
2027 Price Predictions
In 2027, it is expected that the price of Loom Network (LOOM) will reach $5.00 USD. This is approximately twice the price at the end of 2026.
| Month | Minimum Price | Average Price |
Maximum Price
|
| January | 2 | 2,2 | 2,4 |
| February | 2,2 | 2,4 | 2,6 |
| March | 2,4 | 2,6 | 2,8 |
| April | 2,6 | 2,8 | 3 |
| May | 2,8 | 3 | 3,2 |
| June | 3 | 3,2 | 3,4 |
| July | 3,2 | 3,4 | 3,6 |
| August | 3,4 | 3,6 | 3,8 |
| September | 3,6 | 3,8 | 4 |
| October | 3,8 | 4 | 4,2 |
| November | 4 | 4,2 | 4,4 |
| December | 4,2 | 4,4 | 4,6 |
2028 Price Predictions
In 2028, it is expected that the price of Loom Network (LOOM) will reach $10.00 USD. This is approximately twice the price at the end of 2027.
| Month | Minimum Price | Average Price |
Maximum Price
|
| January | 5 | 5,5 | 6 |
| February | 5,5 | 6 | 6,5 |
| March | 6 | 6,5 | 7 |
| April | 6,5 | 7 | 7,5 |
| May | 7 | 7,5 | 8 |
| June | 7,5 | 8 | 8,5 |
| July | 8 | 8,5 | 9 |
| August | 8,5 | 9 | 9,5 |
| September | 9 | 9,5 | 10 |
| October | 9,5 | 10 | 10,5 |
| November | 10 | 10,5 | 11 |
| December | 10,5 | 11 | 11,5 |
2029 Price Predictions
In 2029, it is expected that the price of Loom Network (LOOM) will reach $20.00 USD. This is approximately twice the price at the end of 2028.
| Month | Minimum Price | Average Price |
Maximum Price
|
| January | 10 | 11 | 12 |
| February | 11 | 12 | 13 |
| March | 12 | 13 | 14 |
| April | 13 | 14 | 15 |
| May | 14 | 15 | 16 |
| June | 15 | 16 | 17 |
| July | 16 | 17 | 18 |
| August | 17 | 18 | 19 |
| September | 18 | 19 | 20 |
| October | 19 | 20 | 21 |
| November | 20 | 21 | 22 |
| December | 21 | 22 | 23 |
2030 Price Predictions
In 2030, it is expected that the price of Loom Network (LOOM) will reach $50.00 USD. This is approximately three times the price at the end of 2029.
| Month | Minimum Price | Average Price |
Maximum Price
|
| January | 20 | 22 | 24 |
| February | 22 | 24 | 26 |
| March | 24 | 26 | 28 |
| April | 26 | 28 | 30 |
| May | 28 | 30 | 32 |
| June | 30 | 32 | 34 |
| July | 32 | 34 | 36 |
| August | 34 | 36 | 38 |
| September | 36 | 38 | 40 |
| October | 38 | 40 | 42 |
| November | 40 | 42 | 44 |
| December | 42 | 44 | 46 |
The price of LOOM is expected to rise in 2030. This prediction is based on factors such as improvements in Loom Network’s technology and adoption, as well as the overall growth of the cryptocurrency market.
While the price of LOOM is expected to rise in 2030, there are also some risks to consider. These risks include a market crash in the cryptocurrency market, a decrease in the popularity of Loom Network, and the emergence of competing Layer-2 solutions.
