Shiba Predator

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Discover Shiba Predator's fundamentals and latest news.

This content was generated by Whalee (BETA), an AI crypto assitant that analyses cryptocurrencies. Informations can be incomplete and/or erroneous. Please always double check and DYOR.

What is Shiba Predator?

Shiba Predator (QOM) is a meme coin launched in 2022, operating on the Ethereum blockchain. It aims to capitalize on the meme coin trend, positioning itself as a competitor to Shiba Inu (SHIB) by introducing unique features and community engagement strategies. The project focuses on building a strong community backing and utilizes various tokenomics to encourage holding and trading.

How is Shiba Predator used?

Shiba Predator (QOM) is a community token designed to compete with Shiba Inu (SHIB) in the cryptocurrency market. Its primary function is to "flip" the Shiba Market cap, meaning it aims to surpass Shiba Inu in market capitalization. The token is traded on decentralized exchanges, with the most active trading pair being QOM/WETH on Uniswap V2 (Ethereum).

The project focuses on creating a strong community backing and utilizes various tokenomics to encourage holding and trading. However, there is no detailed documentation about the QOM token and its platform, which raises concerns about its utility and potential for investment.

How do I store Shiba Predator?

To store Shiba Predator (QOM) tokens, you have several options:

  1. Atomic Wallet: This wallet supports Shiba Predator and offers private and secured storage. It does not require registration or KYC and ensures that your private keys are encrypted and under your control.

  2. Trezor and Ledger Wallets: These are hardware wallets that provide offline storage for your tokens. Models like Trezor Model One, Trezor Model T, Trezor Safe 3, Ledger Nano X, Ledger Nano S Plus, and Ledger Stax support Shiba Predator.

  3. MetaMask and Other Software Wallets: You can also use software wallets like MetaMask, Enkrypt, GUARDA, Atomic Wallet, Trust Wallet, and MyCrypto to store your Shiba Predator tokens.

  1. Cold Wallets: For long-term storage, consider using cold wallets like paper wallets or hardware cold wallets. These are offline and provide an additional layer of security.

Remember to always keep your seed phrase and wallet addresses safe to ensure the security of your tokens.

How to buy Shiba Predator?

To buy Shiba Predator (QOM) tokens, you can follow these steps:

  1. Choose an Exchange: Find a reliable centralized exchange (CEX) or decentralized exchange (DEX) that supports Shiba Predator trading. You can refer to Coinmarketcap or other resources to find a suitable exchange.

  2. Set Up a Wallet: Download and set up a crypto wallet like Trust Wallet or Metamask. Ensure you have a secure wallet address and keep your seed phrase safe.

  3. Buy Base Currency: Purchase a base currency like Ethereum (ETH) on a CEX like Binance. If you're new to Binance, you can follow their guide on buying Ethereum.

  1. Transfer to Wallet: Send the purchased ETH from Binance to your crypto wallet. Make sure to set the network to Ethereum and provide your wallet address.

  2. Choose a DEX: Select a DEX that supports your wallet and Shiba Predator trading. For example, you can use 1inch if you have a Trust Wallet.

  3. Connect Wallet: Connect your wallet to the chosen DEX using your wallet address.

  1. Trade for QOM: Select ETH as the payment and Shiba Predator as the coin you want to buy. If QOM doesn't appear, find its smart contract address on Etherscan and paste it into the DEX.

  2. Complete the Swap: Click the Swap button to complete the transaction.

Alternatively, you can also buy Shiba Predator on a CEX by registering an account, verifying your identity, and using fiat to purchase USDT, ETH, or BNB, which can then be traded for QOM.

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History of Shiba Predator

Shiba Predator (QOM) is a cryptocurrency token that emerged in the spring of 2022. It opened at a price of about $0.000000025 on March 18, 2022. The token gained significant traction initially, reaching an all-time high of $0.0000003867 on April 3, 2022. However, it subsequently experienced a decline, hitting a low of $0.00000002798 on June 14, 2022. Following this, the price recovered slightly, reaching $0.0000000621 on August 15, 2022, but has since declined.

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How Shiba Predator works

Shiba Predator (QOM) is a cryptocurrency token that operates on the Ethereum blockchain. It is decentralized, meaning it is not controlled by any central authority, and it uses blockchain technology to ensure security and transparency in transactions.

Key Features
  • Decentralized and Secure: Shiba Predator operates independently, without a central authority, ensuring that transactions are secure and transparent.
  • Ethereum Blockchain: QOM is based on the Ethereum blockchain, which allows it to leverage the security and scalability of the Ethereum network.
  • Token: QOM is a token, not a coin, which means it is built on top of an existing blockchain rather than having its own.
Buying and Trading
  • Centralized Exchanges: QOM can be bought and traded on centralized exchanges like KuCoin, where users can create an account, verify their identity, and add a payment method to purchase the token.
  • Crypto Wallets: QOM can also be purchased directly through certain crypto wallets that support fiat-to-crypto purchases. Users need to create a wallet, download the app, and follow the wallet's instructions to buy QOM.
  • Decentralized Exchanges: QOM can be traded on decentralized exchanges like Uniswap V2, where users can swap other cryptocurrencies for QOM.
Wallet Management
  • Atomic Wallet: QOM can be managed using the Atomic Wallet, which supports over 1,000 coins and tokens. The wallet is trusted by millions of users and offers features like private key encryption and 24/7 support.
  • MetaMask: QOM can also be added to MetaMask, allowing users to view their token holdings and trade on decentralized exchanges.
Price Performance
  • Market Cap: The market capitalization of QOM is calculated by multiplying the token price with the circulating supply of tokens.
  • Price Calculation: The price of QOM is calculated in real-time by aggregating data across multiple exchanges and markets, using a global volume-weighted average formula.
Investment Considerations
  • Research: Before investing in QOM, it is essential to conduct thorough research on the token, its platform, and the broader cryptocurrency market.
  • Risk: Investing in cryptocurrencies carries risks, and prices can fluctuate significantly. It is crucial to never invest more than you can afford to lose.

Overall, Shiba Predator (QOM) is a decentralized token built on the Ethereum blockchain, offering users a secure and transparent way to buy, sell, and trade. However, it is essential to carefully evaluate the token's features, market performance, and risks before making an investment decision.

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Shiba Predator's strengths

The token Shiba Predator (QOM) has several strengths that contribute to its potential success in the cryptocurrency market:

  1. Strong Community Engagement: Shiba Predator focuses on building a strong community backing, which is crucial for the token’s adoption and growth. This community engagement can lead to increased trading and holding activities, driving up the token’s value.

  2. Unique Features: The project aims to introduce unique features that differentiate it from other meme coins, particularly Shiba Inu (SHIB). These features can attract users who are looking for something distinct in the meme coin space.

  3. Tokenomics: Shiba Predator employs various tokenomics strategies to encourage holding and trading. This can lead to increased liquidity and a more stable market for the token.

  1. Potential for High Returns: Despite its current market capitalization, Shiba Predator has shown significant price gains in the past, indicating that it has the potential to deliver high returns for investors who enter at the right time.

  2. Technical Indicators: Technical analysis suggests that Shiba Predator is poised for a rally, with indicators such as the Relative Strength Index (RSI) and trend lines indicating a potential upward trend.

Overall, Shiba Predator’s strengths lie in its community-driven approach, unique features, and tokenomics strategies, which can contribute to its growth and adoption in the cryptocurrency market.

Shiba Predator's risks

Shiba Predator (QOM) carries significant financial risks. According to various analyses, the token is considered a high-risk investment due to its volatility and potential for manipulation. The proprietary scoring system used by InvestorsObserver calculates the risk based on the amount of money required to move the price over a 24-hour period, considering changes in volume and market capitalization. This system gives Shiba Predator a high risk score, indicating that it can be easily influenced by limited trading activity.

Additionally, the token's market capitalization is relatively low, which can make it more susceptible to price fluctuations. The lack of detailed documentation about the QOM token and its platform also raises concerns about its long-term viability and potential for growth.

Furthermore, the cryptocurrency market as a whole is known for its volatility, and even high market cap cryptocurrencies have proven vulnerable to bear markets. This means that investors should be prepared to make losses and never invest more than they can afford to lose.

Overall, Shiba Predator's financial risks are substantial, and investors should exercise extreme caution and conduct thorough research before making any investment decisions.

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Did Shiba Predator raise funds?

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Shiba Predator’s team

  • Team: The team behind Shiba Predator (QOM) consists of experienced developers and crypto experts dedicated to advancing the ecosystem and ensuring the long-term success of the project.

Whalee AI

The fundamental analysis assistant for crypto value investors.

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