Why is the LOOM falling?

With the recent downturn in the crypto market, investors have been asking: "Why is the LOOM falling?" The decline in the LOOM token price has been puzzling, given the project's promising roadmap and active community. Some speculate that the market-wide bearish sentiment has dragged LOOM down, while others point to the lack of significant updates or announcements from the team. Additionally, some investors may be concerned about the long-term sustainability of the project and its ability to compete in a crowded crypto space. However, with the project's potential and the team's dedication, there is hope that LOOM may rebound in the future.