₹0.755
₹0.755
Market Cap
₹359.58 M 3.7741%
Circulating Supply
493420000
Max Supply
1500000000
Volume
₹13.05 M
All Time High :
₹38.83
All Time Low :
₹0.4382
Price change in 24H :
₹0.046739
24H High :
₹0.7714
24H Low :
₹0.6644
Official Links
Network information
Market Sentiment
Token distribution
Net Inflow ($)
Net Inflow ($)
Net Inflow ($)
The 5ire (5IRE) token is currently priced at ₹0.86 INR on the live chart with no market cap, volume, or supply data available.
5ire crypto represents a dual-chain blockchain system incorporating both EVM and WASM functionalities. This ecosystem is dedicated to addressing global sustainability challenges, in alignment with the United Nations' 2030 agenda for sustainable development. At the heart of 5ireChain, the native blockchain of 5ire crypto, lies an innovative SPoS (Sustainable Proof-of-Stake) consensus mechanism.
The primary objective of 5ire crypto is to transition from a profit-centric model to one that prioritises societal benefit. Its aim is to merge blockchain technology with sustainability principles while integrating governmental, corporate, and institutional activities and reporting related to real-world assets focused on sustainability.
5ire is an innovative Layer 1 EVM-compatible blockchain platform transforming the industry by amalgamating sustainability and technology. It employs a sustainable proof of stake model to mitigate its environmental impact, making it the pioneering sustainable blockchain, signalling a significant move towards eco-friendly practices.
The 5IRE token, native to the 5ire ecosystem, is available via Bybit. As the principal token of the platform, 5IRE serves various purposes:
Voting: Users can participate in voting for enhancements within the 5ire ecosystem.
Transaction Fees: 5IRE tokens can cover transaction fees.
External Trading: 5IRE is tradable on external cryptocurrency exchanges such as Bybit.
The groundbreaking use of a sustainable proof of stake (PoS) model distinguishes 5ire from others. This model tackles the efficiency and scalability issues commonly found in conventional blockchains and prioritises the reduction of ecological footprints.
Operating as a governance-based system, it aligns blockchain governance with the United Nations Sustainable Development Goals (SDGs), promoting a sustainable and ethical blockchain ecosystem. By embracing a sustainable PoS model, 5ire showcases its dedication to environmental stewardship while upholding the expected strength and security of modern blockchain platforms.
Established in 2021 by Pratik Gauri and Prateek Dwivedi,[6] the development of 5ire crypto commenced in the same year. 5ire crypto, built on a Proof-of-Stake (PoS) consensus mechanism, focuses on energy efficiency and carbon neutrality. 5ire crypto successfully secured $100 million in a Series A funding round in July 2022.
During the Beta phase of its testnet, 5ire crypto achieved remarkable engagement and activity metrics. The platform recorded more than 21 million transactions, demonstrating its resilience and widespread user acceptance. Moreover, the network boasted over 270,000 active wallets, signalling a robust and expanding user community.
Additionally, there were over 23,000 nominators, showcasing an active involvement and interest in the network's governance and staking mechanisms. These figures emphasise the significant traction and community backing 5ire crypto has gained during its testnet phase.
On November 7, 2023, the 5ire crypto team announced the forthcoming launch of its long-anticipated 5ire crypto token, set for early December. As 5ire crypto prepares for its mainnet debut, it expresses immense gratitude to its devoted community. The testnet phase played a pivotal role in refining the platform, with user feedback and engagement proving invaluable.
The future of blockchain technology holds promise, and 5ire crypto stands at the forefront of this transformative revolution, heralding a new era of decentralised innovation and limitless potential. 5ire crypto is unquestionably a project worth monitoring in the ever-evolving landscape of blockchain technology.
5ireChain: Serving as the foundation of the 5ire crypto ecosystem, 5ireChain aims to be both high-performing and environmentally conscious. Leveraging the Substrate framework and offering full EVM compatibility, its unique dual-chain architecture facilitates the seamless integration of Substrate-native and EVM accounts, all managed through a single key. This characteristic enhances the platform's flexibility and user experience.
The Layer 1 blockchain network of 5ire crypto supports various applications, spanning decentralised finance (DeFi) to smart contracts, all while maintaining a minimal environmental impact. The platform's architecture ensures rapid transaction speeds, scalability, and robust security, making it suitable for existing and future blockchain applications.
Smart Contract Capabilities: 5ire crypto supports Wasm (WebAssembly) smart contracts written in ink!, a Rust-embedded domain-specific language, providing native backing for this advanced technology.
Additionally, it fully embraces Solidity smart contracts, ensuring compatibility with numerous existing blockchain applications. The platform is actively exploring interoperability between Wasm and Solidity smart contracts to create a more versatile and inclusive ecosystem.
For More Information on the 5ire Crypto Chain, check on Suncrypto Price Explorer.
5ire news
5IRE Token Value Tanks After Mainnet Send-off: Reasons and Investigation
The 5IRE token cost had hit an unequaled low of $0.025 on July 1, preceding the send-off. Local area individuals blamed the group for deliberately deferring the send-off of the Mainnet and coordinating mat pulls and a siphon and dump. The group vowed to send off the Mainnet in June, but that didn't happen. Check our latest crypto prices of 5ire and other coins, and visit https://suncrypto.in/price/ and https://academy.suncrypto.in/