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Shapeshift FOX Token

FOX

Explore Shapeshift FOX Token

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Past performance is not a reliable indicator of future results. Learn more about asset risks.

Investment Risk

Baseline risk

All crypto-assets are risky, regardless of the type of token you hold. Here are some ‘baseline’ risks to be aware of before deciding to invest.

Investment risk: The performance of most crypto-assets can be highly volatile, with their value dropping as quickly as it can rise. You should be prepared to lose all the money you invest in crypto-assets.

Lack of protections: Crypto-assets are largely unregulated and neither the Financial Services Compensation Scheme (FSCS) nor the Financial Ombudsman Service (FOS) will protect you in the event something goes wrong with your crypto-asset investments.

Crypto-assets are complex: It may be difficult to understand the risks associated with a crypto-asset investment. Do your own research and if something sounds too good to be true, it probably is.

Don’t put all your eggs in one basket: Putting all your money into a single type of investment is risky. Spreading your money across different investments makes you less dependent on any one to do well. A good rule of thumb is not to invest more than 10% of your money in high-risk investments such as crypto-assets.

Defi tokens

Decentralised Finance (or ‘DeFi’) tokens (e.g. , ) are crypto-assets linked to financial applications and protocols built on decentralised blockchain technology.

Smart contract risk: DeFi relies heavily on smart contracts. Even a minor coding error or oversight can lead to a contract being exploited, potentially resulting in significant losses for DeFi tokens.

Regulatory risk: DeFi operates in a decentralized manner, often without intermediaries or financial crime controls. Regulatory bodies across jurisdictions might introduce new regulations impacting the use, value, or legality of certain DeFi protocols or assets.

For example, the Perpetual Protocol (PERP) and Quickstop (QUICK) protocols may be accessible in jurisdictions where some or all the available activity may need to be regulated now or in the future. If a regulator deemed the activity to be in breach of regulation, this could seriously impact token value.

Rug-pulls / Exit scams: Some DeFi projects might be launched by anonymous or pseudonymous teams, increasing the risk of "rug pulls" where developers abandon the project and withdraw funds, leaving investors with worthless tokens.

Data/oracle risk: DeFi protocols often rely on external data sources or ‘oracles’. Manipulation or inaccuracies in these data sources can lead to unintended financial outcomes within the protocols.

Protocol complexity: The complexity of some DeFi protocols can make it difficult for average users to fully understand the mechanisms and associated risks.

About Shapeshift FOX Token

FOX is an Ethereum token that governs ShapeShift, a decentralized exchange. By participating in the ShapeShift DAO (decentralized autonomous organization), FOX holders can vote on future asset integrations, products, and fee structures for the platform.

Market

United Kingdom Market Stats

Market cap

£25.5M

Volume (24h)

£414,291.86

Circulating supply

377.2M FOX

Typical hold time

10 days

Popularity

#733

All time high

£1.77

Price change (1h)

-1.41%

Price change (24h)

-1.97%

Price change (7d)

-7.85%

Past performance is not a reliable indicator of future results. Learn more about asset risks.

This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.

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Social

Some highlights about Shapeshift FOX Token on social media

34 unique individuals are talking about Shapeshift FOX Token and it is ranked #755 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Shapeshift FOX Token has an average sentiment score of 3.1 out of 5. Finally, Shapeshift FOX Token is becoming more newsworthy, with 0 news articles published about Shapeshift FOX Token. This is a 0% increase in news volume compared to yesterday.

On Twitter, people are mostly neutral about Shapeshift FOX Token. There were 36.36% of tweets with bullish sentiment compared to 6.06% of tweets with a bearish sentiment about Shapeshift FOX Token. 57.58% of tweets were neutral about Shapeshift FOX Token. These sentiments are based on 33 tweets.

On Reddit, Shapeshift FOX Token was mentioned in 0 Reddit posts and there were 0 comments about Shapeshift FOX Token. On average, there were more upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.

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Overview

Contributors

34 people

Volume rank

#755

Average Sentiment

3.1 out of 5

Twitter

Shapeshift FOX Token is on the decline this week.

The price of Shapeshift FOX Token has decreased by 1.41% in the last hour and decreased by 1.97% in the past 24 hours. Shapeshift FOX Token’s price has also fallen by 7.85% in the past week. The current price is £0.0673 per FOX with a 24-hour trading volume of £414.29K. Currently, Shapeshift FOX Token is valued at 96.21% below its all time high of £1.77. This all-time high was the highest price paid for Shapeshift FOX Token since its launch.

The current circulating supply of Shapeshift FOX Token is 377,154,162.472 FOX which means that Shapeshift FOX Token has as total market cap of 377,154,162.472.

FAQ

What is the current price of Shapeshift FOX Token?

We update our Shapeshift FOX Token to GBP currency in real-time. Get the live price of Shapeshift FOX Token on Coinbase.

What is the market cap of Shapeshift FOX Token?

The current market cap of Shapeshift FOX Token is £25.50M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Shapeshift FOX Token?

The all-time high of Shapeshift FOX Token is £1.77. This all-time high is highest price paid for Shapeshift FOX Token since it was launched.

What is the 24 hour trading volume of Shapeshift FOX Token?

Over the last 24 hours, the trading volume of Shapeshift FOX Token is £414.29K.

What other assets are similar to Shapeshift FOX Token?

Assets that have a similar market cap to Shapeshift FOX Token include Voxies, Creo Engine, Beefy, and many others. To see a full list, see our comparable market cap assets.

How many Shapeshift FOX Token are there?

The current circulating supply of Shapeshift FOX Token is 377 million.

What is the typical holding time of Shapeshift FOX Token?

The median time that Coinbase customers hold Shapeshift FOX Token before selling it or sending it to another account or address is 10 days.

What is the relative popularity of Shapeshift FOX Token?

Shapeshift FOX Token ranks 151 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

What is the current trading activity of Shapeshift FOX Token?

Currently, 79% of Coinbase users are buying Shapeshift FOX Token. In other words, 79% of Coinbase customers have increased their net position in Shapeshift FOX Token over the past 24 hours through trading.

Can I buy Shapeshift FOX Token on Coinbase?

Yes, Shapeshift FOX Token is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Shapeshift FOX Token guide.

This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.

Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.

This Financial Promotion has been approved by Archax LTD on February 7, 2024