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TürkçeCheems Token Information
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.
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.
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General Information |
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Title
Cheems Token
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Symbol
cheems
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Whitepaper
-
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Website
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Community
-
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Last Updated
2025-01-21 23:51
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Price Data |
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Current Price $
7.87403E-7
$
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High 24h
8.46724E-7
$
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Low 24h
6.77184E-7
$
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Price Change 24h
1.03736E-7
$
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Price Change % 24h
15.17345
%
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Market Data |
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Market Cap
160611733
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Total Volume
36485521
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Market Cap Change 24h
20315655
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Market Cap Change % 24h
14.48056
%
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Return on Investment (ROI)
-
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Supply and Availability |
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Circulating Supply
2.0367295264464E+14
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Total Supply
2.0367295264464E+14
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Max Supply
2.1977605183267E+14
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Historical Data |
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All Time High (ATH)
1.39E-6
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ATH Change %
-43.23787
%
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ATH Date
2024-11-25 05:06
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All Time Low (ATL)
5.725E-9
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ATL Change %
13684.34163
%
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ATL Date
2023-09-04 18:45
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