Loom Network (The Next MATIC?) | Deep Dive | Price Prediction
In today’s video, I talk about the Loom Network. Loom Network is a Multichain Interop Platform for Decentralized Application (Dapp) Developers. It provides scalability and interoperability for decentralized applications on Ethereum, Bitcoin, Binance Smart Chain, and others. First, I go through the price trend of Loom Network coin (LOOM), then I dive into the fundamentals/offerings of LOOM. The fundamentals would make it clear that it is an ethereum layer 2 project just like Matic or Polygon. Lastly, I give away my price prediction for the Loom Network coin.
More about Loom Network: https://loomx.io/
00:00 – Intro
00:53 – Price Analysis
01:38 – Loom Network Fundamentals
10:10 – Past & Upcoming Events
18:05 – LOOM Price Prediction
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simple network management protocol