Shimmer

SMR Price

What is Shimmer about?

Shimmer is a multichain, scalable network to build, connect, and secure sovereign Blockchain networks, enabling the frictionless transfer of assets and data across networks. The foundation of Shimmer is the parallelized UTXO-based DAG ledger. This allows anyone to mint and transfer native assets feelessly under a storage deposit model. On top of the DAG is a flexible application layer offering full EVM-compatibility and WASM support. Additionally, Shimmer will act as a staging network for upgrades to the IOTA ledger.

What makes Shimmer unique?

The first blockchain network to launch on Shimmer will be the ShimmerEVM, which removes traditional points of friction with asset composability.

What's the history of Shimmer?

Both the underlying DAG and the ShimmerEVM run on SMR token, with was allocated entirely to the community of IOTA stakers over a 90-day period.

Where can you buy Shimmer?

SMR tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade Shimmer is MagicSea (ShimmerEVM), where the most active trading pair USDT/SMR has a trading volume of $5.35 in the last 24 hours.

What is the daily trading volume of Shimmer (SMR)?

The trading volume of Shimmer (SMR) is $5.34 in the last 24 hours, representing a 0.00% increase from one day ago and signalling a recent rise in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Shimmer (SMR)?

Shimmer (SMR) reached an all-time high of $0.1788 and an all-time low of $0.00003365. It’s now trading -100.00% below that peak and 12.40% above its lowest price.

What is the fully diluted valuation of Shimmer (SMR)?

The fully diluted valuation (FDV) of Shimmer (SMR) is $54,899.82. This is a statistical representation of the maximum market cap, assuming the maximum number of 1.8 Billion SMR tokens are in circulation today. Depending on how the emission schedule of SMR tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of Shimmer compare against its peers?

With a price increase of 0.00% in the last 7 days, Shimmer (SMR) is outperforming the global cryptocurrency market which is down -0.20%, while outperforming when compared to similar DWF Labs Portfolio cryptocurrencies which are up 0.00%.