LOOM to LTC conversion chart
Loom Network to Litecoin correlation
According to the correlation analysis, LOOM and LTC have a strong relationship with each other and are correlated. Whenever there is a change in the price of LOOM then LTC also tends to follow the same pattern and move together.
LOOM Price Change and Market Cap
At the moment, the LOOM price is 0.000734 LTC and it changed by -1.12% in the last 24 hours. Loom Network has a total market capitalization of $20 today. 20.04 LOOM is in circulation. The 24-hour highest price of LOOM was 0.0007533 LTC and the lowest was 0.0007145 LTC.
Loom Network Price Prediction
Loom Network was first released on October 1, 2017, with the LOOM tokens going public in the following spring. The ATH from May 4, 2018 — $0.7745 — still stands unconquered. In 2019 and most of 2020, LOOM price would stay in the $0.01~0.02 area. The more recent crypto rally gave it a chance to beat the previous record, but the demand wasn't there: LOOM would not go over $0.255.
In the LOOM price predictions in a year from now, experts give a tame range of targets — from $0.06 to $0.08. A 2025 LOOM price prediction is way less accurate: various sources give targets ranging from $0.017 to $0.17. Only by 2030 Loom Network is expected to reach $1.
Loom Network Wallets
Still confused about which wallet to pick?
We recommend Trezor, CoolWallet S and Exodus wallet. Each of them has peculiarities and serve different purposes. In all of these wallets, you can store LOOM, monitor live Loom Network prices and also exchange it from ChangeHero without leaving the application.
LOOM to LTC exchange margin
The closing conversion rate for LOOM to LTC yesterday was {{LAST}}. Considering today’s exchange rate, a transaction of 1 LOOM to LTC would result in an output of 0.000734 LTC.
How to convert Loom Network to Litecoin
Loom Network and Litecoin comparison
Loom Network is a platform on top of Ethereum that enables reliable applications to work in side chains. It is powered by Plasma, one of the more common Ethereum scaling solutions, which shards transactions and records only the total output on the main chain. In addition to sharding, Loom Network employs zero-knowledge proofs for additional security. LOOM tokens act as a pass to access the Loom-based applications. They cannot be mined, and to earn those users have to engage with the apps.
Widely known as the Bitcoin Lite, Litecoin was created by Charlie Lee in 2011 based on the Bitcoin source code. Contrary to the popular beliefs of being a Bitcoin fork, technically it’s not a fork and doesn’t share any transaction records with the former. Litecoin uses the Proof-of-Work algorithm for mining and also undergoes halvings to regulate the flow of new coins into the market. The network is also capable of conducting atomic swaps, exchanging crypto without any intermediaries. Litecoin trades with the ticker LTC and can be used to trade and pay at stores. Litecoin aims to be a digital currency that can be spent anywhere in the world with quick processing times and cheaper fees.
What is Loom Network?
Loom Network is a platform on top of Ethereum that enables reliable applications to work in side chains. It is powered by Plasma, one of the more common Ethereum scaling solutions, which shards transactions and records only the total output on the main chain. In addition to sharding, Loom Network employs zero-knowledge proofs for additional security.
LOOM tokens act as a pass to access the Loom-based applications. They cannot be mined, and to earn those users have to engage with the apps.
Loom Network to Litecoin price details
LOOM to LTC Conversion Rate and Price
At the moment, the conversion rate for 1 LOOM equals to 0.000734 LTC. The 24-hour highest price of Loom Network in relation to LTC was 0.0007533 LTC and the lowest was 0.0007145 LTC. In short, the LOOM price in relation to LTC changed by -1.12%.
Instantly Exchange LOOM to LTC
On ChangeHero you can instantly exchange Loom Network to Litecoin without signup. You can easily convert LOOM to LTC in a few clicks without worrying about the rates and fees. ChangeHero offers both the Best and Fixed rates for your LOOM to LTC exchange.
LOOM to LTC Best Rate Exchange
For the Best Rate exchange of Loom Network to Litecoin, we search through various exchanges for the LOOM to LTC pair and find the best rate available in the market. We provide you with an estimation of the amount of LTC you will receive.
As soon as you accept the terms and the LOOM is deposited, the exchange will be automatically processed. We remind you that the final amount of LTC you receive may vary slightly due to the volatility in the price of the cryptocurrencies which affects the conversion rate of LOOM to LTC.
LOOM to LTC Fixed Rate Conversion
For the Fixed Rate exchange of Loom Network to Litecoin, ChangeHero finds a good rate for the pair LOOM to LTC and fixes the rate for up to 15 minutes. In the Best Rate exchange of LOOM to LTC, you will receive the exact amount of LTC shown in the estimate.
ChangeHero is a non-custodial service and never holds your cryptocurrency. As soon as the exchange is completed, we send your assets to the mentioned LTC address. ChangeHero is the best place to exchange LOOM to LTC fast and safe at the best rates.
Frequently asked questions
How long does it take to convert LOOM to LTC?
Usually, it takes around 15 minutes but the time may vary depending on how busy the network is.
Do I need an account to exchange LOOM to LTC?
No, you do not need an account to swap LOOM to LTC on ChangeHero. There will be no registrations for your Loom Network to Litecoin transaction.
Do I need to go through KYC procedures for LOOM to LTC exchange?
There will be no KYC for the LOOM to LTC exchange. However, if our threat detection system raises the alarm then we ask you to complete a simple verification procedure that takes a few minutes.
Can I exchange LTC to LOOM?
Yes, you can instantly exchange LTC to LOOM on ChangeHero.