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9/27/2022, 3:35:17 PM

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Sherpa is on the rise this week.

The price of Sherpa has risen by 5.25% in the past 7 days. The price increased by 9.99% in the last 24 hours. In just the past hour, the price shrunk by 1.39%. The current price is $0.075855 per SHERPA. Sherpa is 98.80% below the all time high of $6.30.

The current circulating supply is 0 SHERPA.


What Is Sherpa (SHERPA)?

Sherpa (SHERPA) is a cryptocurrency that belongs to the platform Sherpa Cash, a decentralized community-owned protocol for private transactions on the Avalanche network. Sherpa Cash seeks to improve transaction privacy by breaking the on-chain link between the source and the destination addresses. The protocol uses a smart contract. Private transactions are crucial for a robust decentralized finance (DeFi) ecosystem. The Sherpa Cash protocol aims to bring this essential factor to users and projects on the Avalanche network by encouraging them to transact safely.

As per the whitepaper, the Sherpa Cash contracts are a fork of Tornado Cash. The protocol seeks to create a private transaction network. Private transactions help individuals who demand complete anonymity and privacy by removing the link between the sender and receiver of a transaction. As Tornado has become the privacy benchmark, the Sherpa Cash network has implemented Tornado's contracts and monitors any upgrades required in the future. Using a trusted and tested protocol seeks to allow Avalanche users to feel safe using Sherpa Cash. The Sherpa Cash aims to offer:

  • Built-in compliance tool: It provides transaction records for legal and regulatory compliance.

  • A trusted ceremony process: This process aims to help ensure the security of Sherpa Cash zkSNARK keys. zkSNARK is a type of highly secured cryptographic testing that aims to allow users to prove the possession of certain information without revealing that information.

  • Application launch on Avalanche mainnet. Additionally, SHERPA is the governance token of the Sherpa Cash. The primary use case of the token is to govern the protocol. The token is also used to reward the miners for “anonymity mining,” which helps secure the network and add liquidity to Sherpa Cash.

History of Sherpa (SHERPA)

Hari Seldon founded the Sherpa Cash in 2021. Hari Seldon or Justin Trollip serves the network as a project manager. Trollip is the CEO of Pangolin Exchange and also founded an open-source enterprise resource planning platform Kudoo. He is a commerce, economics, and business management graduate from the University of South Africa.

SHERPA has a maximum total supply of 10,000,000 tokens.

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What is the current price of Sherpa?

The price of 1 Sherpa currently costs $0.0759.

What is the market cap of Sherpa?

The current market cap of Sherpa is $0.00. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Sherpa?

The all-time high of Sherpa is $6.30. This all-time high is highest price paid for Sherpa since it was launched.

What is the 24 hour trading volume of Sherpa?

Over the last 24 hours, the trading volume of Sherpa is $15.59.

What other assets are similar to Sherpa?

Assets that have a similar market cap to Sherpa include GroupDao, ETHUP, Optimus OPT2, and many others. To see a full list, see our comparable market cap assets.

How many Sherpa are there?

The current circulating supply of Sherpa is 0.

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