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CoinMarketCap.comThe current CHOMP Price is $0²⁰189, with a market capitalization of $0 and a daily trading volume of $0. CHOMP Price, market capitalization, and daily trading volume are based on real-time data. Add Shibarium to your watchlist and track CHOMP Price live using the Flooz App.
Shibarium (CHOMP) is an ERC-20 token designed for the Shibarium chain, a new blockchain platform built on top of the Ethereum Blockchain. By launching an ERC-20 token on Ethereum, the project aims to leverage the existing infrastructure and tools available for ERC-20 tokens, while also building a community and preparing for a future transition to the Shibarium chain. The CHOMP token, designed for the Shibarium chain, is utilized for various purposes, including the Chomp Bridge and ChompDown Liquidity Locker. These features not only enable token transfers but also provide a secure environment for liquidity management. The project's primary focus is to build a strong community and infrastructure to facilitate a seamless transition to the Shibarium chain, where CHOMP can be used for new applications and services. According to project documents, Shibarium is working on creating a semi-on-chain Over-The-Counter (OTC) bridge. In simple terms, this bridge will allow secure and smooth transfers of tokens between the Ethereum and Shibarium chains. Additionally, the team at Shibarium (CHOMP) has future plans of collaborating with partners to introduce an NFT collection on the Shibarium chain. As part of the proposed plan, users who participate in the bridging process during the migration to the Shibarium chain will be rewarded with an NFT.
The Shibarium (CHOMP) founder is unknown or anonymous, which means their motives and intentions are not clear. Users should handle the project with caution and thoroughly research before investing or participating.
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