One of the hot topics among fans recently is LOOM. Although I have not paid much attention to this project for a while, I will briefly share my views here. Please remember that this only represents my personal opinion, and it is up to you to decide whether to participate or not. First of all, LOOM is a blockchain platform that combines gaming and social applications. Chain oil (Layer 2 technology) attracted much attention in the last bull market, and social applications are considered to be the hot spots in the next bull market. In addition, LOOM was recently acquired by Atlassian, an Australian company with extensive experience and strength in the enterprise software field. Whether it is market hype or future development, this acquisition event can be regarded as a positive factor and provides a powerful narrative. Secondly, the market capitalization of LOOM is approximately US$450 million, and the top 20 currency holders account for 94% of the total supply, indicating that this is a highly controlled project. In addition, LOOM's trading depth is relatively shallow, which also requires special attention. Especially in this case, the shallow trading depth means that small buy and sell orders have the potential to cause large price movements. The volatility of LOOM provides opportunities for those who are good at market operations, but it also comes with huge risks. The selection of points when entering and exiting the market is crucial, which requires careful observation of the depth of transactions, understanding the strategies of the project party and market makers, and tracking the ideas of fund-raising and shipment.

However, it needs to be emphasized that if you do not have sufficient time and knowledge to delve into LOOM or similar projects, I do not recommend investing lightly. This type of high-control project needs to be particularly careful and do not rely solely on technical aspects or news, because market makers usually influence the trend of such currencies. When gaming the market, you must understand your opponent's way of thinking and market conditions. Ultimately, my advice is to approach it with caution and make sure you have enough knowledge and strategies to mitigate your risks. If you meet the above conditions and definitely want to try it, then I can only say Good Luck!