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This brand name is perfect for a music or media organisation.
The name "loonip" has only six letters and only two syllables. Two-syllable names are very rare and exceptionally valued. Successful brands using two syllable names include Honda, YouTube and Twitter.
This domain was first registered in March 2020. Older domains have an advantage when ranking in search engines.
Loonip.com is a dot com domain. Dot com domains are the most valued top-level-domain in the world, used by famous websites like twitter.com. Once you own a dot com, it will be much easier to rank for your own name in Google.
One suggestion for how this name could sound when used.