CoinMarketCap has brought two of the most promising cryptocurrencies to the front to discuss their future prices. Both cryptocurrencies are performing really well and have attracted many investors from the neutral and the negative side to theirs.
This is a strong indication for both cryptocurrencies and sets the stage for their performances. So far, the future of both cryptocurrencies are looking very bright and if things go as the bulls have planned, they may continue growing stronger.
Let us go through their analysis one by one and see where the analysis sees these cryptocurrencies in the upcoming days.
Loom Network Surges by 14.17%
Loom Network has reportedly experienced a high rally in the 24-hour time period. The rally has managed to elevate the price of Loom Network to a high of 0.1152 per LOOM. The investors are constantly pouring in more cash in order to acquire more Loom Network.
This is the reason why the trading volume for Loom Network has also surged by 159.54%, as it is the reflection of transactions being processed on the protocol.
At present, the trading volume for Loom Network is $37,060,755. The fully diluted valuation for Loom Network has also surged at a high rate and it is becoming more and more attractive for investors.
If the investors keep buying Loom Network, then the demand for Loom Network may continue surging. This would mean that it would become difficult for the investors to acquire demand, and the value of Loom Network may continue rising.
Going forward, the increase in the demand for Loom Network may result in pushing the price of Loom Network to a high of $0.1301 per LOOM. With the rally being in constant motion, the investors may also continue gaining the courage to make higher investments. This may result in increasing the price of Loom Network to $0.1514 per LOOM
Milo Inu Surges by 11.38%
Milo Inu’s price has also experienced a strong elevation in the past 24-hours, which has moved it to a higher value. Milo Inu investors have continued adding more value to the MILO/USDT pair by making more investments in Milo Inu. This has resulted in pushing the price of Milo Inu by 11.38%.
Given the strong sentiments of the bulls, it is just a slight rally that Milo Inu has experienced. At the time of writing, the value of Milo Inu is at a high of $0.00000006895 per MILO.
If the momentum keeps building in favor of Milo Inu, then its price may continue growing higher. In the upcoming days, the value of Milo Inu may end up growing to a new high price of $0.00000006987 per MILO.
The post Price Analysis of Loom Network (LOOM) and Milo Inu (MILO) appeared first on CryptocyNews.com.
from CryptocyNews.com https://www.cryptocynews.com/price-analysis-of-loom-network-loom-and-milo-inu-milo/
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