Venom Price (VENOM)

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$0.1474-0.54%1D

Price of Venom (VENOM) today

As of the latest data, Venom (VENOM) is currently priced at $0.1469 with a market capitalization of $234.96M. The 24-hour trading volume stands at $7.84M, The circulating supply of Venom is approximately 988.92M. The cryptocurrency has seen a -0.68% decrease in value over the past 24 hours.

About Venom (VENOM)

Venom (VENOM) is a hyper-deflationary token designed with unique rewards, robust burn mechanics, and a community-driven ecosystem. This asset aims to provide users with a novel approach to tokenomics, offering incentives for holding and participating in the network. With a focus on reducing the token supply over time through strategic burns, Venom encourages scarcity and value appreciation. The strong community backing this project plays a crucial role in its success, fostering engagement and collaboration among users. By incentivizing long-term holding and active participation, Venom seeks to create a sustainable and rewarding ecosystem for its users.

How does Venom work?

Venom (VENOM) is a decentralized cryptocurrency that operates on a peer-to-peer network, allowing users to conduct transactions without the need for intermediaries. It is built on blockchain technology, which ensures transparency, security, and immutability of transactions. Venom utilizes a consensus mechanism known as proof of stake, where users can earn rewards by staking their tokens to validate transactions on the network. One of its unique features is the ability to create smart contracts, enabling automated and self-executing agreements between parties. Venom can be used for a wide range of applications, including decentralized finance (DeFi), supply chain management, voting systems, and more. Its decentralized nature and innovative features set it apart from traditional financial systems, offering a more efficient, secure, and versatile platform for conducting transactions and executing agreements across various industries.

How to keep your Venom (VENOM) safe?

To keep your Venom (VENOM) safe, consider using a hardware wallet like Ledger for enhanced security measures. These wallets store your cryptocurrency offline, making it less vulnerable to hacking. Additionally, trusted platforms like OKX, Kucoin, and Bybit offer secure storage options and advanced encryption protocols to protect your assets. By utilizing these tools and platforms, you can safeguard your Venom tokens from potential threats and ensure peace of mind when it comes to your investments.

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