Qom Coin: Is It A Smart Investment Decision?

Shiba Predator (QOM) is a community token built on the Ethereum blockchain. It is one of many dog coins, or meme coins, that are effectively tributes to Dogecoin. QOM's sole purpose is to flip the Shiba Inu market cap. However, there are several potential red flags with this token, including a lack of apparent utility and no available whitepaper. While some sources make positive QOM price predictions, others predict the token will be worthless by November 2022. With this in mind, is QOM a good investment?

QOM's price history and predictions

QOM, or Shiba Predator, is a community token built on the Ethereum blockchain. It is one of many dog coins or meme coins, which are effectively tributes to Dogecoin. QOM's sole purpose is to flip the Shiba Inu market cap.

QOM was first launched on 18 March 2022, opening at about $0.000000025. It reached an all-time high of $0.0000003867 on 3 April 2022. However, it then experienced a series of market crashes, reaching a low of $0.00000002798 on 14 June 2022.

The price of QOM has continued to fluctuate. It rose to a high of $0.0000000621 on 15 August 2022 but then declined, and as of 19 October 2022, it was worth about $0.00000003825. As of August 2024, QOM's price is $0.071916, with a 24-hour trading volume of $60,443.72.

In terms of price predictions, various websites have offered forecasts for QOM's future price. For example, as of 19 October 2022, CoinCodex expected QOM to drop further, while PricePrediction made a more positive forecast, predicting that QOM could reach $0.00000004 by the end of 2022 and continue to increase over the next few years. CryptoPredictions.com also predicted a steady increase in QOM's price over the next few years, while Gov Capital took a more bearish stance, predicting that QOM could be worthless by 1 November 2022.

It is important to note that price predictions for cryptocurrencies are often wrong, and the highly volatile nature of the cryptocurrency market makes it difficult to accurately predict coin prices.

QOM's market cap and valuation

Shiba Predator (QOM) is a community token built on the Ethereum blockchain with the sole aim of flipping the Shiba Inu market cap. It is one of the many dog coins or meme coins that have emerged in the cryptocurrency world.

QOM first came to the open market in March 2022, opening at about $0.000000025 on 18 March. It reached an all-time high of $0.0000003867 on 3 April 2022, with a market cap of around $23 million, before experiencing a series of market crashes. As of 19 October 2022, it was worth about $0.00000003825, with a market cap of under $23 million, making it the 536th largest cryptocurrency by that metric.

As of August 2024, QOM's market cap is valued at $2.203 trillion and is ranked #1187 on CoinGecko. The current price of QOM is $0.071916, with a 24-hour trading volume of $60,443.72. The circulating supply of QOM is 600 trillion, with a total supply of 1 quadrillion.

The fully diluted valuation of QOM is BTC192.4012, with a theoretical market cap of BTC192.4012 if the maximum supply of 1 quadrillion QOM tokens were in circulation.

QOM's trading volume and liquidity

As of August 2024, QOM's 24-hour trading volume was approximately $43,466.55 to $60,443.72. This represents a decrease compared to the previous day and indicates a recent fall in market activity. The liquidity for QOM is currently unavailable or very low, as one source indicates a liquidity of $0.0000.

It's important to note that the cryptocurrency market is highly volatile, and QOM's trading volume and liquidity can change rapidly. Therefore, investors should carefully consider their investment goals, conduct thorough research, and only invest what they can afford to lose.

QOM's tokenomics and decentralisation

QOM is a community token whose function is to flip the Shiba market cap. It is a meme coin built on the Ethereum blockchain as an ERC-20 token.

QOM tokenomics are as follows: it is 100% public, meaning that the issuance of tokens is available to the public. 0% of the team, treasury, advisors, marketing team, etc., have had early or presale access to QOM. There is a 100% decentralised distribution of the asset.

QOM is completely decentralised and driven by the community. The community is at the forefront of everything crypto, NFTs, and Web3. QOM wants a fully committed and engaged community, similar to the community that galvanised Shiba Inu.

The biggest selling point of QOM is that it is completely decentralised and driven by the community, not the other way around. NFTs, which are called ‘QOM Cards’, will create a steady demand for QOM tokens if they are a success.

QOM's staking and NFTs

QOMs staking and NFTs

Shiba Predator (QOM) is a community token with the sole aim of flipping the Shiba Inu market cap. It is a meme coin built on the Ethereum blockchain as an ERC-20 token. QOM is 100% public, meaning that the issuance of tokens is available to the public, and there is a 100% decentralised distribution of the asset.

QOM staking

Staking is a potentially lucrative way of earning interest on your crypto. Shiba Predator has cleverly linked their token, NFTs, and staking to benefit QOM. By staking at least 5% of the total QOM supply, investors unlock 'minting', earn cookie crumbs, and can mint free NFTs.

QOM NFTs

Non-fungible tokens (NFTs) are another way that Shiba Predator is creating a use case for QOM. The NFTs are called 'QOM Cards', and if they are successful, they will create steady demand for the QOM token.

QOM staking and NFTs: a good investment?

QOM staking and NFTs are a good investment if you believe that Shiba Predator will be successful in flipping the Shiba Inu market cap. However, there are several potential red flags with the Shiba Predator token. Firstly, there is no apparent utility for the crypto, and it does not appear to be designed to be staked. Additionally, there is no whitepaper available, so there is no way of knowing the details of how the token works. The language on the website is also unclear and could be the result of someone who does not have a good command of English.

Therefore, while QOM staking and NFTs could be a good investment, there are risks involved. It is important to do your own research and only invest what you can afford to lose.

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