Loom Network (LOOM) Price Update: $4.36M Market Cap, $2.07 Trading Volume
Loom Network (LOOM) edged down 0.1% on Jan 23 amid a $4.36M market cap and tiny $2.07 trading volume—what crypto investors should know now and outlook.
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Loom Network (LOOM) traded down 0.1% against the dollar during the 24 hour period ending at 16:00 PM E.T. on January 23rd. While the price movement was marginal, the data highlights two important metrics for crypto investors: a total market capitalization of $4.36 million and an exceptionally low reported trading volume of approximately $2.07 in the last 24 hours.
Why those numbers matter: market capitalization and trading volume are key signals for altcoin liquidity and investor interest. A $4.36M market capitalization places LOOM within the smaller-cap segment of the cryptocurrency market. Even more notable is the near-negligible trading volume — $2.07 — which suggests very thin liquidity on exchanges and can amplify price volatility when orders do appear. Low trading volume can make it difficult to enter or exit positions at expected prices and increases the impact of even modest buy or sell orders.
Possible reasons for muted activity include reduced market attention, token delistings from certain exchanges, or simply a period of consolidation after prior price moves. For projects built on blockchain technology like Loom Network, on-chain metrics and developer activity can also drive sentiment independently of short-term price fluctuations. Crypto investors tracking LOOM should watch developer updates, exchange listings, and wallet activity to understand the underlying momentum.
How to approach LOOM now: if you’re monitoring this altcoin, prioritize due diligence. Check multiple sources for up-to-date price feeds and exchange depth, and review on-chain explorer data to confirm activity. Small market cap and low trading volume increase risk, so consider position sizing, stop-loss limits, and diversification across more liquid assets. Remember that past performance and short-term movements don’t guarantee future results.
Bottom line: the 0.1% decline reported through 16:00 PM E.T. on January 23rd, coupled with a $4.36M market cap and almost negligible $2.07 in 24-hour volume, signals low liquidity and warrants caution. Stay informed by following official Loom Network channels and reputable crypto trackers for any updates that could affect LOOM’s price or market behavior. This article is for informational purposes only and not financial advice.
Published on: January 24, 2026, 7:02 am
