Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 14th of May 2018.
Using this buy in point and selling at today's price, you would have expected to net 12.47% PROFIT!!! IN LESS THAN 24 HOURS!!!
The increase in price may also be explained by positive developments including:
April 3: Loom Network SDK Alpha release
April 5: Loom Network is mentioned on Korean TV.
April 13: Plasma Cash is supported on Loom Network.
April 16: DelegateCall now has international support in Chinese, German, Korean and Japanese.
April 17: Pixie Shopping Street, one of the fastest growing game developers in Asia, joins Loom SDK to scale games using DAppChains.
April 20: "CryptoZombies Origins: What is Blockchain?" is released.
April 25: RadarRelay lists LOOM Token.
April 25: DelegateCall releases the following upgrades: Notifications, Email Digests, New Transfer Gateway
April 27: A month ago, we announced that CryptoZombies is hard forking to become the second Loom Network DAppChain, and that those who completed lessons before the cutoff date of April 20th would receive some pretty sweet rewards in the form of ERC20 / ERC721 tokens.
April 30: Loom Network will be sponsoring GopherCon Singapore, one of the largest conferences for Golang developers.
May 2: Binance lists LOOM Token.
May 3: Withdrawal Fee for LOOM Token Reduced.
May 8: 2nd Loom SDK Project Announced: Neon District, a Blockchain-Based Cyberpunk RPG -0.12% .
(NEW) May 12: LOOM releases Unity SDK Beta. This is HUGE news as it allows allow any game developer to easily integrate with a DAppChain backend without having to be a Blockchain Developer. Full release is pending for June 2018.
The release of LOOM's Unity SDK and general price recovery in the cryptocurrency markets explain the increase in price.