Coreum is an innovative blockchain ecosystem designed to enhance scalability and efficiency for decentralized applications. By integrating advanced consensus mechanisms, it aims to provide a seamless experience for developers and users alike, enabling faster transactions and lower fees. As the ecosystem continues to evolve, Coreum is poised to position itself as a significant player in the ever-competitive cryptocurrency landscape.
Coreum is an emerging cryptocurrency that has garnered attention in the rapidly evolving blockchain landscape. As we explore the journey of Coreum, its advantages and disadvantages, as well as its historical performance and future prospects, we can gain a deeper understanding of what this coin represents in the broader context of digital currencies.
Launched with a vision to enhance the interoperability of various blockchains, Coreum quickly made an impact on the market. The coin reached its all-time high (ATH) of $0.701087 on April 25, 2022, showcasing a strong initial demand and speculative interest. However, like many cryptocurrencies, it experienced significant fluctuations, with its value subsequently dropping by approximately 73.64% from its ATH.
On the contrary, Coreum also saw a substantial rebound, reaching its all-time low (ATL) of $0.054692 on August 19, 2024. This represents a remarkable increase of about 237.89% from the ATL to its current price of around $0.185472. Such volatility is typical in the crypto market and reflects both the potential for growth and the inherent risks associated with investing in cryptocurrencies.
Coreum brings several advantages to the table, particularly its focus on interoperability. One of the standout features of Coreum is its ability to facilitate seamless interactions between different blockchain networks. This is particularly relevant as the demand for cross-chain applications grows in the ever-connected digital economy.
Another significant advantage lies in its current market cap of approximately $120 million. This level of investment indicates a supportive community and investor interest, which can be crucial for long-term viability. Additionally, with a circulating supply of around 649.69 million coins, investors can see potential for scarcity, assuming that demand continues to increase.
Despite its promising features, Coreum is not without drawbacks. The high volatility of cryptocurrency markets poses a substantial risk to investors; the steep price fluctuations can lead to significant losses in a short period. As demonstrated by its historical price movements, potential investors must be prepared for both ups and downs.
Moreover, as the crypto space becomes increasingly crowded, Coreum faces fierce competition from established players and emerging projects alike. The ultimate success of this coin will depend on how effectively it can differentiate itself and continue to innovate in the blockchain technology arena.
The future outlook for Coreum appears cautiously optimistic. The continuous advancements in blockchain technology and the increasing use of decentralized applications (dApps) may enhance the demand for reliable intermediaries like Coreum. Given its focus on interoperability, there is potential for strategic partnerships with other blockchain networks, which could boost its market traction.
As regulatory frameworks become clearer, Coreum may also benefit from potential institutional investment. A growing acceptance of cryptocurrencies within traditional finance is likely to open more avenues for coins like Coreum.
In summary, Coreum presents an interesting case within the cryptocurrency ecosystem. Its strengths in interoperability, a solid market cap, and its historical price recovery indicate that it could be a valuable addition to a diversified investment portfolio. However, potential investors should remain cognizant of the associated risks and stay informed about market trends. With its unique features and a growing ecosystem, Coreum may just be a coin to watch in the future.
from price
$0
|
General Information |
---|
Title
Coreum
|
Symbol
coreum
|
Whitepaper
-
|
Website
|
Community
-
|
Last Updated
2025-03-11 23:59
|
Price Data |
Current Price $
0.123015
$
|
High 24h
0.125112
$
|
Low 24h
0.115576
$
|
Price Change 24h
0.00428662
$
|
Price Change % 24h
3.61043
%
|
Market Data |
Market Cap
79944238
|
Total Volume
152129
|
Market Cap Change 24h
3008176
|
Market Cap Change % 24h
3.90997
%
|
Return on Investment (ROI)
-
|
Supply and Availability |
Circulating Supply
649694844.34383
|
Total Supply
649694844.34383
|
Max Supply
-
|
Historical Data |
All Time High (ATH)
0.701087
|
ATH Change %
-82.46619
%
|
ATH Date
2022-04-25 00:00
|
All Time Low (ATL)
0.054692
|
ATL Change %
124.76444
%
|
ATL Date
2024-08-19 14:21
|