SLIME
SLIME (SLIME)
What is SLIME?
SLIME (slime2-slime) is a cryptocurrency that operates as a token within the blockchain ecosystem. It is designed primarily for use in decentralized applications and facilitates transactions within its network. The SLIME token plays a crucial role in governance and incentivizing participation in the blockchain project, enhancing user engagement and decision-making processes. By running on the [specific blockchain], SLIME aims to provide a secure and efficient platform for users to interact and transact.
When and how did SLIME start?
SLIME (slime2-slime) was launched in 2021, created by a team focused on building a decentralized platform for gaming and NFT transactions. The project gained traction following its initial listing on several exchanges, which helped to increase its visibility within the crypto community. Early development was marked by partnerships with gaming developers and strategic funding rounds that aimed to enhance its ecosystem and user engagement.
What’s coming up for SLIME?
SLIME (slime2-slime) is poised for exciting developments as it progresses along its roadmap. The upcoming upgrade aims to enhance scalability and transaction speed, addressing community feedback for improved user experience. Additionally, the team is planning to introduce new features that will facilitate decentralized applications, further expanding SLIME’s use cases. Community goals include fostering engagement through initiatives like hackathons and AMAs, ensuring that user input shapes future enhancements. As SLIME evolves, it aims to solidify its position in the DeFi space, driving innovation and user adoption.
What makes SLIME stand out?
SLIME (slime2-slime) stands out from other cryptocurrencies due to its unique dual-token model, which enhances liquidity and incentivizes community engagement through innovative staking mechanisms. Unlike many traditional cryptocurrencies, SLIME focuses on real-world use cases in the gaming and entertainment sectors, leveraging its special feature of integrating NFTs for in-game assets. This approach not only fosters a vibrant ecosystem but also promotes user participation, setting it apart in the competitive crypto landscape.
What can you do with SLIME?
SLIME (slime2-slime) is primarily used as a utility token within DeFi apps, enabling users to engage in staking and earn rewards. Additionally, it facilitates payments for various services and products within the ecosystem. SLIME also supports governance, allowing holders to participate in decision-making processes related to the protocol's development and future direction.
Is SLIME still active or relevant?
SLIME (slime2-slime) is currently active, with ongoing development and a dedicated community presence. It is still traded on various exchanges, reflecting continued interest and engagement among users. The project has regular updates from developers, indicating that it is not considered inactive or abandoned.
Who is SLIME designed for?
SLIME (slime2-slime) is primarily built for gamers and the gaming community, aiming to enhance user engagement through innovative blockchain solutions. Its target audience includes game developers looking to integrate decentralized finance (DeFi) elements into their projects, as well as investors interested in the gaming sector. The platform fosters a vibrant community of users who are passionate about gaming and blockchain technology.
How is SLIME secured?
SLIME (slime2-slime) secures its network through a unique consensus mechanism known as Proof of Stake (PoS), which enhances blockchain protection by allowing validators to create new blocks based on the amount of cryptocurrency they hold and are willing to "stake." This method not only promotes network security by incentivizing honest participation but also ensures efficient transaction processing through a decentralized validator setup.
Has SLIME faced any controversy or risks?
SLIME (slime2-slime) has faced notable risks, including concerns over extreme volatility that can lead to significant financial losses for investors. The project has also been scrutinized for potential security incidents and the threat of rug pulls, which have raised alarms within the community. Additionally, there are ongoing discussions about legal issues surrounding its operations, adding to the overall controversy associated with this cryptocurrency.
SLIME (SLIME) FAQ – Key Metrics & Market Insights
Where can I buy SLIME (SLIME)?
SLIME (SLIME) is widely available on centralized cryptocurrency exchanges. The most active platform is Raydium, where the SLIME/SOL trading pair recorded a 24-hour volume of over $42.78.
What’s the current daily trading volume of SLIME?
As of the last 24 hours, SLIME's trading volume stands at $42.78 .
What’s SLIME’s price range history?
All-Time High (ATH): $0.001155
All-Time Low (ATL): $0.00000000
SLIME is currently trading ~97.37% below its ATH
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What’s SLIME’s current market capitalization?
SLIME’s market cap is approximately $27 014.00, ranking it #3811 globally by market size. This figure is calculated based on its circulating supply of 888 591 138 SLIME tokens.
How is SLIME performing compared to the broader crypto market?
Over the past 7 days, SLIME has declined by 16.42%, underperforming the overall crypto market which posted a 0.09% decline. This indicates a temporary lag in SLIME's price action relative to the broader market momentum.
