Deutsch
Français
English
Español
Italiano
العربية
中文
Português
Русский
TürkçeMultiversX VS Cheems Token
VS
MultiversX
MultiversX is a blockchain platform designed to offer high-speed and secure transactions, aiming to scale and accommodate a high volume of users efficiently. It focuses on providing a user-friendly experience for developers and businesses, incorporating smart contracts and decentralized applications to enhance its ecosystem. MultiversX strives to differentiate itself by addressing the scalability and usability challenges commonly faced by other blockchain technologies.
more informationCheems Token
Cheems Token has rapidly gained popularity within the crypto community, capturing the essence of meme culture while aiming to deliver unique utilities. Driven by a dedicated team, this token seeks to create an engaging ecosystem that fosters collaboration and creativity among its users. As it continues to evolve, Cheems Token stands out as a playful yet promising project in the vast landscape of cryptocurrencies.
more information
MultiversX
Cheems Token
General Information |
|
|---|---|
|
Title
MultiversX
|
Title
Cheems Token
|
|
Symbol
egld
|
Symbol
cheems
|
|
Whitepaper
|
Whitepaper
-
|
|
Website
|
Website
|
|
Community
|
Community
-
|
|
Last Updated
2025-03-08 23:58
|
Last Updated
2025-03-08 23:59
|
Price Data |
|
|
Current Price $
20.03
$
|
Current Price $
9.18218E-7
$
|
|
High 24h
20.29
$
|
High 24h
9.57999E-7
$
|
|
Low 24h
19.81
$
|
Low 24h
9.04749E-7
$
|
|
Price Change 24h
-0.016008640842632
$
|
Price Change 24h
-1.7894221748E-8
$
|
|
Price Change % 24h
-0.07986
%
|
Price Change % 24h
-1.91155
%
|
Market Data |
|
|
Market Cap
561068991
|
Market Cap
187017946
|
|
Total Volume
18283601
|
Total Volume
6188759
|
|
Market Cap Change 24h
-345303.82820845
|
Market Cap Change 24h
-3610491.9165043
|
|
Market Cap Change % 24h
-0.06151
%
|
Market Cap Change % 24h
-1.89399
%
|
|
Return on Investment (ROI)
-
|
Return on Investment (ROI)
-
|
Supply and Availability |
|
|
Circulating Supply
28003349
|
Circulating Supply
2.0367295211621E+14
|
|
Total Supply
28003349
|
Total Supply
2.0367295211621E+14
|
|
Max Supply
31415926
|
Max Supply
2.1977605183267E+14
|
Historical Data |
|
|
All Time High (ATH)
545.64
|
All Time High (ATH)
1.39E-6
|
|
ATH Change %
-96.33776
%
|
ATH Change %
-33.99308
%
|
|
ATH Date
2021-11-23 10:33
|
ATH Date
2024-11-25 05:06
|
|
All Time Low (ATL)
6.51
|
All Time Low (ATL)
5.725E-9
|
|
ATL Change %
207.11017
%
|
ATL Change %
15929.38277
%
|
|
ATL Date
2020-10-07 01:44
|
ATL Date
2023-09-04 18:45
|
MultiversX
Introduction to MultiversX (EGLD)
MultiversX, better known by its symbol EGLD, is a thriving cryptocurrency that has garnered attention due to its unique attributes and promising potential. Launched as part of the Elrond network, it has positioned itself as a scalable and secure blockchain platform designed to handle high throughput applications.
Past Performance of MultiversX
Since its inception, MultiversX has undergone a significant price journey, witnessing peaks and troughs in line with overall market trends. The coin reached an all-time high (ATH) of $545.64 on November 23, 2021, showcasing its potential during bullish market cycles. However, like many other cryptocurrencies, EGLD faced considerable corrections, leading to a substantial decrease, with a price change of -95.23% from its ATH.
Before reaching its zenith, the coin also experienced its all-time low (ATL) at $6.51 on October 7, 2020. Remarkably, the current price indicates a substantial increase of 299.73% from this low, underscoring its capacity for recovery and growth.
Advantages of MultiversX
The primary advantage of MultiversX is its highly scalable architecture. The network's Adaptive State Sharding technology allows parallel processing of transactions, significantly enhancing throughput and efficiency. This innovation helps in achieving high transaction per second (TPS) rates, making it well-suited for a variety of applications beyond simple peer-to-peer transfers.
MultiversX also employs a secure proof of stake (SPoS) consensus mechanism, which not only provides robust security against attacks but also ensures the network's environmental sustainability. By minimizing the energy consumption typically associated with proof of work mechanisms, EGLD appeals to environmentally-conscious investors and developers.
Disadvantages of MultiversX
Nevertheless, the coin isn't without its drawbacks. MultiversX, like many blockchain projects, faces challenges in terms of adoption and real-world use cases. While technologically sound, the platform must continue to attract developers to build on its infrastructure to sustain its relevance.
Another disadvantage is market volatility. As evidenced by its significant price fluctuations, EGLD remains vulnerable to broader market sentiments and economic factors, which can affect its valuation unpredictably.
Future Outlook for MultiversX
Looking ahead, the future of MultiversX seems promising. Its strong technical foundation positions it well in the competitive world of blockchain, particularly in areas requiring high-speed data processing and transaction capabilities. The network's roadmap includes further developments and partnerships which may enhance its utility and adoption.
Moreover, the crypto market's maturity might see increased institutional interest in platforms like MultiversX, which deliver scalability and speed. While speculative, these factors could contribute to upward price trends, should they materialize effectively.
Conclusion
MultiversX stands as a formidable contender in the world of cryptocurrencies, backed by solid technology and a vision for scalable blockchain solutions. Its past performance reflects the broader crypto market's volatility but also indicates a substantial growth potential. Investors and enthusiasts looking at EGLD must weigh its innovative advantages against the backdrop of market risks and adoption hurdles. As the blockchain ecosystem continues to evolve, MultiversX may play a pivotal role in shaping the future of digital financial infrastructure.
Cheems Token
Introduction to Cheems Token
Cheems Token, symbolized as CHEEMS, has made waves in the realm of cryptocurrencies. With a current price hovering around $4.09e-7 and a market cap of approximately $83.36 million, it has garnered attention from both seasoned investors and newcomers alike. In this article, we will delve into the advantages and disadvantages of Cheems Token, explore its historical development, and speculate on its future prospects.
Historical Development
Launched amidst the rising popularity of meme-based cryptocurrencies, Cheems Token capitalized on the vibrant Dogecoin community, utilizing the recognizable "Cheems" dog meme. It's worth noting that on October 19, 2024, the token reached its all-time high (ATH) of $4.38e-7. The token's performance since then has showcased its volatility, with a significant drop from its ATH, illustrating the speculative nature of the broader cryptocurrency market.
Cheems Token has also seen impressive growth following its all-time low (ATL) of $5.72e-9 on September 4, 2023—a staggering increase of over 7000% since then. This remarkable recovery demonstrates the token's potential for explosive growth, attracting attention from both traders and casual investors.
Advantages of Cheems Token
One of the key advantages of Cheems Token lies in its community-driven approach. The token thrives on social media engagement and market sentiment, fostering a loyal base of supporters. Additionally, its meme-oriented branding taps into a niche that often leads to rapid spreadability and viral marketing, factors that can boost demand and visibility.
Furthermore, the coin has shown resilience during downturns, with notable price recovery patterns reflecting a robust interest in the token. This may indicate a strong underlying community and potential for sustained growth.
Disadvantages of Cheems Token
However, investing in Cheems Token does come with its risks. The volatility of meme-based cryptocurrencies is one significant concern; prices can skyrocket but can just as easily plummet. This unpredictability makes it a high-risk investment.
Moreover, the token's reliance on community sentiment means that external factors, such as social media trends, can heavily influence its valuation. If community interest wanes or shifts, the token may struggle to maintain its market position.
Future Outlook
Looking ahead, the future of Cheems Token will be determined by a combination of market forces, community engagement, and broader acceptance. Its recent price surge suggests a resurgence of interest, bolstered by effective marketing and a solid community backing. If the development team can introduce further innovations, such as utility improvements or partnerships, Cheems Token might solidify its standing in the competitive crypto market.
Moreover, as the crypto industry continues to evolve, there may be opportunities for Cheems Token to integrate more effectively within existing blockchain ecosystems. The potential for staking, yield farming, or other DeFi integration could enhance its utility and appeal, attracting broader investment.
Conclusion
In conclusion, Cheems Token represents both a thrilling opportunity and a considerable risk. Investors should weigh the advantages of community engagement and potential growth against the inherent volatility and reliance on external factors. As this token navigates through the fast-paced world of cryptocurrency, only time will reveal its true potential and sustainability in the market.