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Shimmer
SMR

$0.0017
Market Cap
+100.00% -
Fully diluted market cap
$3,221,476
Circulating supply
-
Total supply
0 SMR
Max. supply
-
Volume 24h
-75.19% $3,338
Volume/Market cap (24h)
+100.00%

Official Links

Socials

Ratings

Average ratings from the community
4.6
100 Ratings
Average ratings from the community
This content is for informational purposes only

logo
Shimmer
SMR

$0.0017
1D
7D
1M
3M
1Y
ALL
Market Cap
+100.00% -
Fully diluted market cap
$3,221,476
Circulating supply
-
Total supply
0 SMR
Max. supply
-
Volume 24h
-75.19% $3,338
Volume/Market cap (24h)
+100.00%

SMR Price Calculator

SMR
USD
1 SMR equals $0.0017 United States Dollar
Last updated 2024/11/23 19:00:20 (UTC)

Official Links

Socials

Ratings

Average ratings from the community
4.6
100 Ratings
Average ratings from the community
This content is for informational purposes only

SMR Market

SMR Market Stats

24h Low & High
Lowest Price
$0.0015
Highest Price
$0.0018
All Time High
$0.17
Price Change(1h)
+0.87%
Price Change(24h)
+3.51%
Price Change(7d)
-39.11%

SMR Price Live Data

The live price of Shimmer is $0.0017 per (SMR/USD) today with 24-hour trading volume is $3.33K USD. SMR to USD price is updated in real-time. Shimmer is +3.51% in the last 24 hours.

SMR Price Performance

24DAYS
$-0.0(3)15
-8.24%
30DAYS
$-0.0(3)83
-32.81%
90DAYS
$-0.0(3)74
-30.28%
1YEAR
$-0.038
-95.70%

About Shimmer (SMR)



The IOTA DLT – known as “The Tangle” – goes beyond blockchain by providing scalable and feeless DLT, with the goal of being the most reliable DLT infrastructure for Web3 applications and digital economies. IOTA uses its unique open-source technology to solve three fundamental problems with blockchain: high fees, scaling and centralization, and by avoiding the energy-intensive miners common to traditional blockchains, IOTA promotes itself as a green alternative in the crypto market.

IOTA currently relies on an additional security feature issuing milestone called “the coordinator”; once this is removed, and the network becomes fully decentralized, both IOTA and Shimmer will be secured by the Multiverse consensus. The Shimmer network helps to accelerate the transition to a fully decentralised, permissionless and feeless network.

Visit www.iota.org for more information.


What is Shimmer?

Shimmer is the official validation network, helping to properly test and harden any new feature and the leaderless Fast Probabilistic Consensus mechanism. Shimmer is a rapid innovation playground with short development cycles, allowing developers to build applications and use features that are not yet available on the IOTA mainnet, before moving their applications onto the main IOTA network (though it is envisioned that Shimmer will evolve into its own community-governed network after the launch of IOTA 2.0, and several projects will choose to remain on Shimmer).

Several new updates are developed by IOTA, each one bringing it closer to reaching its goal of being the most scalable, affordable, and efficient DLT network. But, given that these updates potentially open the door to bugs and other vulnerabilities, each one needs to be thoroughly tested, before they are released on the IOTA mainnet.

The Shimmer network is where updates are put to the test. It receives all features earlier than the IOTA mainnet and makes these features available for use, testing and adoption before they are available on the IOTA mainnet.

Shimmer is designed as a development network, an ambitious ecosystem that mirrors the IOTA network with all of its applications and frameworks, use-cases and economy, and which users can explore, test, build on – and even attack. To incentivize users, Shimmer is also host to its own token economy (SMR).

What is the Shimmer token ($SMR)?

Through its own token economy, Shimmer offers opportunities for users to put the Shimmer network thoroughly to the test. Before its launch, the Shimmer token is awarded to anyone actively staking the IOTA token during a period of three months. This makes Shimmer the first DLT project to fairly distribute its entire token supply on IOTA, with more to follow. During the staking event prior to the network launch, users are rewarded with one $SMR every 10 seconds for each staked MIOTA. Once the Shimmer network has been launched, users can stake Shimmer tokens to help secure the network and get rewarded with even more Shimmer tokens.

The $SMR token also plays an important role in encouraging attackers to put the Shimmer network to the test and find certain loopholes or attack vectors.

Overall, the Shimmer token has the following utility:

- Staking rewards: Users are awarded Shimmer tokens when they stake on the Shimmer network, as well as receive Mana (the IOTA reward mechanism that promotes users’ transactions and messages, voting rights etc., which secures the network. By staking, earning and delegating $SMR tokens, users contribute to the growth of the Shimmer network.
- Access to innovations: Using the $SMR token fast-tracks users to the latest innovations of IOTA, giving them early advantage in developing dApps and participating in the ecosystem.
- New yield opportunities: Any new economy that wants to thrive needs participating users. Token holders will be able to benefit from a vast ecosystem of new DeFi, NFT and GameFi dApps. The token utility of Shimmer will be expanded with the growth of the ecosystem.

Beyond being a test laboratory for innovations before integration with the IOTA mainnet, Shimmer is designed to evolve into its own ecosystem and community. The $SMR token is an integral part of that evolution.

SMR To Local Currency

Last updated 2024/11/23 16:00:18 (UTC)

How To Buy Shimmer

When it comes to buying crypto, you have a lot of options. Our guide will provide step-by-step instructions on how you can buy Shimmer and help you discover other cryptocurrencies similar to Shimmer.

FAQ

Q
What is the current price of Shimmer?
A
We update our Shimmer to USD price in real-time. Get the live Price of Shimmer on CoinMapAi.
Q
What is the 24 hour trading volume of Shimmer?
A
Over the last 24 hours, the trading volume of Shimmer is $3.33K.
Q
What is the all time high of Shimmer?
A
The all-time high of Shimmer is $0.17. This all-time high is highest price paid for Shimmer since it was launched.
Q
Where can I buy Shimmer?
A
Shimmer can be purchased on multiple centralized exchanges. Please check our buying guide: buy Shimmer guide.
Cryptocurrency investment activities, including actions done to buy Shimmer online via OKX, are subject to market risk. OKX provides easy and convenient ways for you to buy Shimmer instantly, and we put our best efforts to fully inform our users about each and every cryptocurrency we offer on the exchange, but we are not responsible for the results that may arise from your Shimmer purchase. This page and any information in it is not meant to be interpreted as an endorsement of any particular cryptocurrency or method of acquiring it.

CoinMapAi is your gateway to the Web 3 world, serving as a guide to help you quickly familiarize yourself with and enter the world of cryptocurrency.

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