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Web3Shot is making waves in the cryptocurrency space by empowering users to seamlessly engage in decentralized applications and services. With a focus on enhancing user experience and accessibility, this coin aims to bridge the gap between traditional finance and the emerging Web3 ecosystem. As more individuals recognize the potential of decentralized finance, Web3Shot positions itself as a key player in the evolution of digital currency.
4.2 $
Web3Shot
Introduction to Web3Shot (W3S)
Web3Shot (W3S) has emerged as an intriguing player within the ever-evolving landscape of cryptocurrency. This token has seen significant fluctuations and holds promise for the future of decentralized finance (DeFi) and Web3 applications. In this article, we will explore the strengths and weaknesses of Web3Shot, its past performance, and what potential investors might expect moving forward.
Understanding Web3Shot: A Brief Overview
Launched on March 26, 2025, Web3Shot has quickly gained traction. Currently, the token boasts a market cap of approximately $79 million and a circulating supply of 55,212,700 W3S out of a total supply of 100 million. The cryptocurrency trades within a recent price range, with a 24-hour high of $1.49 and a low of $1.42.
Historical Performance: The Journey So Far
Since its inception, Web3Shot witnessed significant volatility customary to new tokens. Its all-time high (ATH) stands at $1.50, achieved shortly after its launch, while the all-time low (ATL) plummeted to approximately $0.265 on August 25, 2023. This indicates a remarkable growth of over 440% from its lowest point, showcasing the coin's resilience and potential to recover rapidly.
Pros and Cons of Web3Shot
Advantages
1. **Strong Development Team**: One of the foremost strengths of Web3Shot is its dedicated development team that is focused on providing regular updates and enhancements to the platform.
2. **Market Presence**: With a market cap of nearly $79 million, W3S is positioned well in the market, indicating a steady interest from investors.
3. **Potential for Growth**: With its current price hovering around $1.49, many analysts see potential for growth, especially as the broader cryptocurrency market recovers and matures.
Disadvantages
1. **High Volatility**: Like many cryptocurrencies, Web3Shot has been subjected to high volatility, which can deter risk-averse investors.
2. **Limited Awareness**: While the project has performed well, a lack of widespread recognition compared to established cryptocurrencies means it may take time for broader adoption.
3. **Market Competition**: The DeFi and Web3 sectors are saturated with numerous competing projects, making it a challenge for Web3Shot to capture significant market share.
Future Outlook: What Lies Ahead?
The future of Web3Shot seems promising, with its foundation laid on solid technological advancements and a responsive team. As awareness grows and more use-cases are developed, W3S could find itself amidst a favorable climate for investment. However, potential investors should remain cautious, considering the inherent risks associated with cryptocurrency investments.
Overall, Web3Shot embodies the spirit of innovation within the cryptocurrency sector. Time will reveal whether it can solidify its standing or become yet another fleeting phenomenon in an ever-changing market.
General Information |
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Title
Web3Shot
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Symbol
w3s
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Whitepaper
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Website
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Community
-
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Last Updated
2025-05-21 08:58
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Price Data |
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Current Price $
4.2 $
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High 24h
4.5 $
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Low 24h
3.23 $
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Price Change 24h
0.93944 $
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Price Change % 24h
28.80092 %
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Market Data |
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Market Cap
231 965 092
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Total Volume
61 375
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Market Cap Change 24h
51 835 777
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Market Cap Change % 24h
28.77698 %
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Return on Investment (ROI)
-
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Supply and Availability |
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Circulating Supply
55 212 705
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Total Supply
100 000 000
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Max Supply
100 000 000
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Historical Data |
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All Time High (ATH)
5.58
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ATH Change %
-24.71079 %
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ATH Date
2025-03-29 01:07
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All Time Low (ATL)
0.26532
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ATL Change %
1 483.51058 %
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ATL Date
2023-08-25 13:03
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