What is SHMONAD(SHMON)?

Basic information about SHMON

Coin name:

ShMonad

Coin symbol:

Coin introduction:

ShMonad is a liquid staking token that works as a core component in FastLane's MEV and RPC infrastructure, empowering applications and validators to work together to make the Monad blockchain faster, safer, and more secure. ShMonad holders benefit from this integration with the infrastructure by receiving an enhanced staking yield that's boosted from multiple sources such as validator MEV, application-specific MEV protection, RPC usage, transaction automation, and more.

Current Price:

$0.03More coin details

All-time high:

$0.07

All-time low:

$0.02

SHMON Supply Info and Tokenomics

Circulating supply:

223,653,785

Total supply:

223,653,785

Max supply:

Market cap:

$7.24M

Fully diluted valuation:

$7.24M

What is the outlook and future value of SHMON?

The current market cap of SHMON is $7.24M, ranked 1705 in the market, showing that the market already recognizes the value of SHMON. When a bull market arrives, the market cap of SHMON may continue to grow.

Moreover, if SHMON can play a greater role in real-world applications—such as if the Monero developers can fully empower SHMON and establish partnerships with more business partners to expand its user base—then the long-term value of SHMON will be further enhanced.

What is the price of SHMON in 2027?

According to the historical price performance prediction model of SHMON, the price of SHMON is expected to reach $0.03 at 2027.

Note: As with any crypto investment, investors should closely monitor SHMON’s performance and stay aware of the risks. The crypto world is highly volatile, and adequate research and preparation are necessary.

How else can I get SHMON?

Purchasing SHMON with cash is not the only way to obtain SHMON. If you have enough time, you can get SHMON for free.

Learn how to get Hot rewards for free with SHMON.

Earn free SHMON by inviting friends to join LBank My Activity|LBank Reward Center

Join LBank Launchpad to get SHMON airdrops for free.

All crypto airdrops and rewards can be exchanged for SHMON through LBank spot trading.

Buy SHMON starting from $1

What is SHMON used for and how to use it?

The use cases for SHMON may grow with the development of the crypto market and project progress. Currently, you can use SHMON to:

Arbitrage trading of SHMON

SHMON is frequently traded, with constant price fluctuations. You can profit from buying low and selling high. LBank Spot market offers many SHMON trading pairs to suit your needs.

Earn yield with SHMON

You can also lend out SHMON or use other Earn products to gain returns. LBank Earn platform provides a wide variety of investment products to help you maximize your SHMON gains.

Send or pay with SHMON

If you want to pay someone with SHMON, you can easily and quickly send SHMON to them using their receiving address.

You can also visit the official website of ShMonad to learn more use cases of SHMON, such as whether the ShMonad project supports community/eco apps or buying physical or virtual goods with SHMON.