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TürkçeinSure DeFi Information
inSure DeFi is designed to provide users with a decentralized insurance solution that addresses the risks inherent in the rapidly evolving cryptocurrency landscape. By leveraging smart contracts, it aims to offer transparent and automated coverage options, enhancing trust among participants. As the demand for security in DeFi continues to grow, inSure DeFi positions itself as a vital player in safeguarding investments against potential losses.
Understanding inSure DeFi: An Overview
inSure DeFi, symbolized as SURE, is a decentralized insurance protocol that aims to provide a safety net for users in the decentralized finance (DeFi) ecosystem. Launched amid the boom of DeFi projects, inSure DeFi seeks to mitigate the risks associated with smart contracts and crypto investments. As of the recent update, the current price of SURE stands at approximately $0.00314714, showing significant volatility in the recent trading sessions.
Historical Performance and Market Dynamics
Since its inception, inSure DeFi has experienced a rollercoaster ride in terms of price movement. The all-time high (ATH) for SURE was recorded at $0.11397 on January 6, 2021, but has since witnessed a staggering decline, with its current price reflecting a decrease of about 97% from that peak. In contrast, the token also reached an all-time low (ATL) of $0.00015606 in June 2021, showcasing a remarkable recovery, as it has increased by over 1900% since then.
The market capitalization for inSure DeFi currently stands at approximately $83.33 million, highlighting its positioning in the competitive DeFi landscape. Despite recent price fluctuations, the token maintains a circulating supply of about 26.48 billion SURE, with a total supply capped at 88 billion.
Advantages of inSure DeFi
One of the primary advantages of inSure DeFi is its unique value proposition in the DeFi space, focusing on decentralized insurance. This addresses a critical concern for many investors, as the lack of insurance options for smart contracts can lead to significant financial losses in case of exploits or failures. By providing a mechanism for risk mitigation, inSure DeFi stands out among its peers.
Additionally, the platform fosters community engagement through governance features, allowing token holders to partake in critical decision-making processes and the future roadmap of the protocol. The transparency that blockchain technology offers further bolsters trust among users, ensuring that operations within the ecosystem are audited and publicly verifiable.
Challenges and Risks
Despite its advantages, inSure DeFi is not without challenges. The DeFi sector is notoriously volatile; the recent 24-hour trading statistics indicate a price decline of over 8%, raising concerns about investor sentiment. The market cap also experienced a decrease of approximately 8.18% within that same period, illustrating the high level of unpredictability present in the crypto market.
Moreover, as a relatively new player, inSure DeFi faces stiff competition from more established protocols that offer similar insurance solutions. The project's ability to continually innovate and differentiate itself will be paramount in maintaining its market relevance.
Future Outlook
The future for inSure DeFi appears mixed, influenced by larger trends in the DeFi market. On one hand, as the sector matures, the demand for insurance products may increase, allowing inSure DeFi to capture a healthy share of the market. On the other hand, ongoing competition and technical challenges could impede its growth potential.
To harness potential growth, inSure DeFi may need to enhance its marketing strategies, improve user experience, and explore partnerships with other DeFi projects to broaden its ecosystem. Overall, while the path ahead will require strategic adjustments, inSure DeFi holds promise for addressing a significant gap in the DeFi marketplace.
Conclusion
inSure DeFi is an intriguing project within the cryptocurrency landscape, providing a unique solution for risk management in DeFi. While its historical price performance reflects significant volatility, its advantages in offering decentralized insurance solutions could pave the way for future growth. Staying attuned to market trends and user needs will be crucial for inSure DeFi as it navigates the complexities of the evolving crypto landscape.
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General Information |
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Title
inSure DeFi
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Symbol
sure
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Whitepaper
-
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Website
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Community
-
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Last Updated
2024-11-08 23:52
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Price Data |
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Current Price $
0.0033496
$
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High 24h
0.00351681
$
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Low 24h
0.00309593
$
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Price Change 24h
0.0002506
$
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Price Change % 24h
8.08657
%
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Market Data |
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Market Cap
88760993
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Total Volume
429625
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Market Cap Change 24h
6584204
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Market Cap Change % 24h
8.01224
%
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Return on Investment (ROI)
-
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Supply and Availability |
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Circulating Supply
26482078217.417
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Total Supply
88000000000
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Max Supply
88000000000
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Historical Data |
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All Time High (ATH)
0.11397
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ATH Change %
-97.06148
%
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ATH Date
2021-01-06 21:22
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All Time Low (ATL)
0.00015606
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ATL Change %
2045.98265
%
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ATL Date
2021-06-28 04:52
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