Sheesha Finance (ERC20) (SHEESHA) Metrics
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Sheesha Finance (ERC20) (SHEESHA)
What is Sheesha Finance (ERC20)?
Sheesha Finance (ERC20) is a cryptocurrency token that operates on the Ethereum blockchain. It is designed to provide a decentralized platform for investors to access a variety of blockchain projects through a single token. The Sheesha Finance token is primarily used for governance, allowing holders to participate in decision-making processes within the ecosystem, and for staking rewards. As a blockchain project, Sheesha Finance aims to simplify the investment process in the DeFi space while promoting transparency and community involvement.
When and how did Sheesha Finance (ERC20) start?
Sheesha Finance (ERC20) was launched in 2021 with the aim of providing a decentralized finance (DeFi) platform that focuses on connecting investors with crypto projects. Founded by a team of experienced professionals in the blockchain and finance sectors, Sheesha Finance introduced a unique model that allowed token holders to earn passive income through staking and liquidity provision. The project gained traction following its initial listing on various decentralized exchanges, which facilitated greater accessibility and liquidity for its token.
What’s coming up for Sheesha Finance (ERC20)?
Sheesha Finance (ERC20) is gearing up for an exciting phase as it continues to enhance its ecosystem. The upcoming roadmap includes the launch of new staking features aimed at increasing user engagement and rewards. Additionally, Sheesha Finance plans to expand its partnerships with various DeFi projects, enhancing its utility and integration within the broader crypto space. Community goals focus on increasing participation through educational initiatives and governance involvement, fostering a more robust and informed user base. As the project evolves, it aims to solidify its position in the DeFi landscape, offering innovative solutions and increasing accessibility for its users. Stay tuned for these developments as Sheesha Finance looks to create a more dynamic and inclusive platform.
What makes Sheesha Finance (ERC20) stand out?
Sheesha Finance (ERC20) uniquely combines decentralized finance (DeFi) with a focus on providing liquidity for blockchain projects through its innovative tokenomics and revenue-sharing model. Unlike many cryptocurrencies, Sheesha Finance offers a real-world use case by enabling investors to access a diversified portfolio of DeFi projects while benefiting from a share of the generated revenue. This standout technology fosters a collaborative ecosystem that is different from traditional investment approaches in the crypto space.
What can you do with Sheesha Finance (ERC20)?
Sheesha Finance (ERC20) is primarily used as a utility token for accessing DeFi apps and participating in governance within the Sheesha ecosystem. Users can stake their tokens to earn rewards and benefit from various DeFi services, while also utilizing the token for payments and transactions within the platform. Additionally, Sheesha Finance supports NFTs, allowing users to engage with unique digital assets.
Is Sheesha Finance (ERC20) still active or relevant?
Sheesha Finance (ERC20) is currently active with ongoing development and a dedicated community presence. It is still traded on various exchanges, indicating a level of interest and engagement from investors. Overall, the project is not considered inactive or abandoned, as it continues to receive updates and maintain its market activity.
Who is Sheesha Finance (ERC20) designed for?
Sheesha Finance (ERC20) is designed for DeFi users and investors looking for innovative ways to engage with decentralized finance. Its platform allows users to access a diverse range of DeFi projects while benefiting from passive income opportunities. Ideal for those seeking to diversify their crypto portfolios, Sheesha Finance fosters a community of like-minded individuals focused on the growth of decentralized applications.
How is Sheesha Finance (ERC20) secured?
Sheesha Finance (ERC20) operates on the Ethereum blockchain, utilizing the Proof of Stake (PoS) consensus mechanism to enhance network security. This model relies on validators who stake their tokens to participate in the block validation process, ensuring robust blockchain protection and reducing the risk of malicious attacks. By leveraging PoS, Sheesha Finance promotes a secure and efficient network while incentivizing participants to maintain its integrity.
Has Sheesha Finance (ERC20) faced any controversy or risks?
Sheesha Finance (ERC20) has faced significant controversies, including concerns over potential rug pulls and extreme volatility that can pose risks to investors. Additionally, the project has encountered security incidents, raising questions about its overall safety and reliability in the volatile DeFi landscape. Legal issues have also emerged, contributing to the uncertainty surrounding its operations and future.
Sheesha Finance (ERC20) (SHEESHA) FAQ – Key Metrics & Market Insights
Where can I buy Sheesha Finance (ERC20) (SHEESHA)?
Sheesha Finance (ERC20) (SHEESHA) is widely available on centralized cryptocurrency exchanges. The most active platform is Uniswap V2 (Ethereum), where the SHEESHA/WETH trading pair recorded a 24-hour volume of over $21.97.
What's the current daily trading volume of Sheesha Finance (ERC20)?
As of the last 24 hours, Sheesha Finance (ERC20)'s trading volume stands at $21.97 .
What's Sheesha Finance (ERC20)'s price range history?
All-Time High (ATH): $93.51
All-Time Low (ATL): $0.00000000
Sheesha Finance (ERC20) is currently trading ~98.74% below its ATH
.
What's Sheesha Finance (ERC20)'s current market capitalization?
Sheesha Finance (ERC20)'s market cap is approximately $58 106.00, ranking it #2501 globally by market size. This figure is calculated based on its circulating supply of 49 460 SHEESHA tokens.
How is Sheesha Finance (ERC20) performing compared to the broader crypto market?
Over the past 7 days, Sheesha Finance (ERC20) has declined by 5.91%, underperforming the overall crypto market which posted a 1.40% decline. This indicates a temporary lag in SHEESHA's price action relative to the broader market momentum.
Cryptocurrencies are highly volatile and involve significant risk. You may lose part or all of your investment.
All information on Coinpaprika is provided for informational purposes only and does not constitute financial or investment advice. Always conduct your own research (DYOR) and consult a qualified financial advisor before making investment decisions.
Coinpaprika is not liable for any losses resulting from the use of this information.
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Sheesha Finance (ERC20) Basics
| Hardware wallet | Yes |
|---|
| Website | sheeshafinance.io |
|---|---|
| Wallet | Coins Mobile App |
| Asset type | Token |
|---|---|
| Contract Address |
| Explorers (1) | etherscan.io |
|---|
| Tags |
|
|---|
| reddit.com |
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Sheesha Finance (ERC20) Exchanges
Sheesha Finance (ERC20) Markets
What is Market depth?
Market depth is a metric, which is showing the real liquidity of the markets. Due to rampant wash-trading and fake activity - volume currently isn't the most reliable indicator in the crypto space.
What is it measuring?
It's measuring 1% or 10% section of the order book from the midpoint price (1%/10% of the buy orders, and 1%/10% of the sell orders).


Why it is important to use only 1% or 10%?
It's important, because measurement of the whole order book is going to give false results due to extreme values, which can make false illusion of liquidity for a given market.
How to use it?
By default Market depth is showing the most liquid markets sorted by Combined Orders (which is a sum of buy and sell orders). This way it provides the most interesting information already. Left (green) side of the market depth bar is showing how many buy orders are open, and right (red) side of the bar is showing how many sell orders are open (both can be recalculated to BTC, ETH or any fiat we have available on the site).


Confidence
Due to rampant malicious practices in the crypto exchanges environment, we have introduced in 2019 and 2020 new ways of evaluating exchanges and one of them is - Confidence. Because it's a new metric - it's essential to know how it works.
Confidence is weighted based on 3 principles:
Based on the liquidity from order books (75%) - including overall liquidity and market depth/volume ratio, volumes included, if exchange is low volume (below 2M USD volume 24h)
Based on web traffic (20%) - using Alexa rank as a main indicator of site popularity
Based on regulation (5%) - researching and evaluating licensing for exchange - by respective institutions
Adding all of these subscores give overall main result - Confidence
Confidence is mainly based on liquidity, because it's the most important aspect of cryptocurrency exchanges. Without liquidity there is no trading, illiquid markets tend to collapse in the long term. Besides liquidity - there is also an additional factor in calculation of score - market depth/volume ratio. If volume is huge (especially when it’s growing much faster than liquidity), and market depth seems to not keep pace with - it's reducing overall score. Exchanges that keep market makers liquidity with expanding volume are those that keep all ratios in-tact and have overall score above 75-80% (it means that they have all liquidity ratios above minimum requirements, high web traffic participation, and are often regulated).
Other coins worth interest - similar to Sheesha Finance (ERC20)
| # | Name | Market Cap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 6 | USDC USDC | $76 981 548 333 | $0.999927 | $9 248 742 772 | 76,987,158,957 | |||
| 9 | Lido Staked Ether STETH | $21 376 085 293 | $2 182.48 | $9 101 429 | 9,794,399 | |||
| 12 | Usds USDS | $11 076 795 901 | $0.999964 | $42 149 678 | 11,077,194,156 | |||
| 13 | Wrapped Bitcoin WBTC | $10 204 439 465 | $77 790.78 | $106 869 135 | 131,178 | |||
| 15 | Wrapped Liquid Staked Ether 2.0 WSTETH | $9 573 336 010 | $2 692.37 | $8 521 080 | 3,555,731 |
What is Market depth?
Market depth is a metric, which is showing the real liquidity of the markets. Due to rampant wash-trading and fake activity - volume currently isn't the most reliable indicator in the crypto space.
What is it measuring?
It's measuring 1% or 10% section of the order book from the midpoint price (1%/10% of the buy orders, and 1%/10% of the sell orders).


Why it is important to use only 1% or 10%?
It's important, because measurement of the whole order book is going to give false results due to extreme values, which can make false illusion of liquidity for a given market.
What is showing Historical Market Depth?
Historical Market Depth is showing the history of liquidity from the markets for a given asset. It’s a measure of combined liquidity from all integrated markets on the coinpaprika’s market depth module.
Sheesha Finance (ERC20)




