LOOM coin increased by+20% its each coin @$ 0.408 possibility its potentially reaching a highest level @$ 0.415 in the next 6 hours.the coin chart displays various factors shows the competition stems from a various factors including market strategies, technological development, and Investor sentiment all of which have an impact on Bitcoin market.How ever, the cryptocurrency market faces several challenges,block chain, community and communities have delegated your authority to the companies to introduce new coins this has led to increased coin offerings intensifying competition in the market these dynamics signify the complexities world with innovation and market faces shaping the landscape.