About Shimmer
Shimmer (SMR) is a cryptocurrency launched in 2021. Shimmer has a current supply of 1,813,620,509 with 0 in circulation. The last known price of Shimmer is 0.00056106 USD and is up 0.00 over the last 24 hours. It is currently trading on 5 active market(s) with $0.00 traded over the last 24 hours. More information can be found at
Get up to $200 for getting started
Sign me up
Market Stats
Market Cap
Not enough data
FDV
Not enough data
Circ. Supply
Not enough data
Max Supply
Not enough data
Total Supply
Not enough data
Performance
Popularity
Not enough data
Dominance
Not enough data
Volume (24H)
Not enough data
Volume (7D)
Not enough data
Volume (30D)
Not enough data
All time high
Not enough data
Price Change (1Y)
Additional details
Market details
SMR vs markets
Not enough data
SMR vs BTC
Not enough data
SMR vs ETH
Not enough data
Tags
Network & Addresses
Network | Address |
|---|
Price history
Time | Price | Change |
|---|---|---|
Today | $0.00 | NaN% |
1 Day | $0.00 | 0.00% |
1 Week | $0.00 | 0.00% |
1 Month | $0.00 | 0.00% |
1 Year | $0.0062 | 0.00% |
Coinbase insights
Recent trends
FAQ
Shimmer (SMR) is a distributed ledger technology (DLT) network that serves as the official L1 staging and validation network for IOTA. It is designed as a rapid innovation playground with short development cycles, providing developers with the opportunity to build applications and utilize features that are not yet available on the IOTA mainnet. Shimmer is built on a UTXO-based parallelized, directed acyclic graph (DAG), which strives to offer higher scalability than conventional blockchains. It provides the core building blocks for a scalable, modular multi-chain architecture. The native token of the Shimmer network, $SMR, facilitates value transactions and interactions within the Shimmer ecosystem.
Shimmer operates on a UTXO-based parallelized, directed acyclic graph (DAG), which strives to ensure higher scalability than traditional blockchains. It aims to ensure interoperability and composability of L2 smart contract chains and is capable of connecting any type or flavor of L2 smart contract chain anchored to it. Shimmer's tokenization framework allows it to become a multi-asset ledger for minting and transfer of native assets without middlemen or crippling gas fees. The $SMR token is used within the Shimmer ecosystem for the development of new DeFi applications, DEXs, NFTs, DAOs, and other dApps.
Shimmer aims to provide a platform for developers to build applications and use features that are not yet available on the IOTA mainnet. It offers a tokenization framework that allows for the minting and transfer of native assets without the need for intermediaries or high gas fees. This makes it a potential platform for the development of new DeFi applications, DEXs, NFTs, DAOs, and other dApps. Additionally, Shimmer's interoperability and composability features make it a potential platform for connecting any type or flavor of L2 smart contract chain.
Shimmer was developed as the official L1 staging and validation network for IOTA, a distributed ledger technology (DLT) network. It was designed to be a rapid innovation playground with short development cycles, allowing developers to build applications and use features that are not yet available on the IOTA mainnet. Shimmer was built on a UTXO-based parallelized, directed acyclic graph (DAG), striving to offer higher scalability than conventional blockchains. Shimmer was designed with the intention of accelerating the transition to a fully decentralized, permissionless, and feeless network. The $SMR token, the native token of the Shimmer network, was allocated to early adopters through a process involving MIOTA tokens and SMR tokens.
We update our Shimmer to USD currency in real-time. Get the live price of Shimmer on Coinbase.
Get up to $200 for getting started
Earn free crypto after making your first purchase.
Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Related assets
Discover conversions
Popular cryptocurrencies
Discover more assets
Legal
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.
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.