Shardeum raised $18 M in a Seed Round round on 2022-10-17.

$SHM SHM Coin (Shardeum), as the next-generation Layer 1 blockchain, its future development mainly depends on technological advantages, ecological expansion, and market environment. Here is a key analysis: Technological Advantages Dynamic Sharding and Dual Consensus Mechanism: Through Dynamic State Sharding (DSS) and Proof of Stake (PoS) + Arbitration Proof (PoQ) mechanisms, it achieves linear scalability, low Gas fees, and high throughput (TPS), solving the blockchain "trilemma". 12 EVM Compatibility: Supports Ethereum Virtual Machine (EVM) smart contracts, reducing developer migration costs and promoting dApp ecosystem development. 1 Ecosystem and Market Outlook Price Forecast: Target price around $0.2242 in 2025, potentially rising to $0.29-$0.478 between 2026-2028, depending on DeFi adoption and Bitcoin (BTC) bull market cycles. 2 Funding and Community: Has raised $23.6 million (2022-2023), with mainnet launching in April 2025, and a highly active community. 1 Potential Challenges Competitive Pressure: Needs to compete with other Layer 1 projects (such as Ethereum, Cardano) in terms of technological iteration and ecosystem expansion. 12 Regulatory Risks: Global cryptocurrency regulations are still unclear, which could impact long-term development. 34 Application Scenarios DeFi and Web3: Low Gas fees and high throughput make it suitable for decentralized finance (DeFi) and Web3 application deployment. 12 Cross-Shard Composability: Supports complex smart contracts, simplifying developers' workflows. 1 In summary, if SHM Coin can continuously optimize technology and expand its ecosystem, it has growth potential in the Layer 1 blockchain space. However, market fluctuations and regulatory dynamics should be closely monitored.

$SHM Store of Value: SHM has the potential to serve as a store of value, providing users with a decentralized and secure way to manage their finances. Its deflationary mechanism achieved through fee burning promotes the potential for long-term value appreciation. Staking Rewards: By staking SHM to operate validator nodes, holders can earn rewards, creating a passive income stream while contributing to network security. Governance Rights: SHM holders can participate in shaping the network's future through governance voting, influencing key protocol decisions. Potential Growth: As Shardeum's adoption increases and more applications are built on the platform, the demand for SHM may grow, potentially leading to value appreciation.

Shardeum is the kind of project that makes you question how short crypto peps' memory really is. the same founder (@NischalShetty), who couldn’t help his community after the $230M WazirX hack, went on to raise over $30M for Shardeum, hyping it as India’s first scalable L1, and now the token trades at a market cap of $8K. You can’t make this up. (even his comments are still closed) He rugged one exchange, launched another project, and somehow people still believed the “community driven decentralization” pitch. Now he’s back trying to reopen WazirX like nothing ever happened. We should ask for accountability. btw, I'm ready to buy this for $15k; dm me if you're intersted @NischalShetty

BRICS countries are accelerating de-dollarization, with China-Russia trade settling 99.1% in local currencies; U.S. banking industry worries that stablecoin interest payments could lead to a $6.6 trillion deposit outflow, and there are disagreements with encryption exchanges over regulatory scope, reflecting the competitive landscape between TradFi and emerging encryption finance.