Cherry NetworkCHER
$0.0236
Market/Exchange
CHER Price Prediction and Price Movement
CHER is up 30.24 percent over the last three months, while its market capitalization is still considered relatively small, which implies that the price of CHER can be very volatile comparing to those with larger market cap during big market moves. However, with a stead growth over the past three months, CHER has the potential to grow further and may yield some very decent gains. Again traders should remain cautious at all time.
Please note that this analysis is purely base on CHER's historic price actions and is by no means financial advice. Traders should always do their own research and be extra careful while investing in cryptocurrencies.
Cherry Network Price Chart
About Cherry Network
The Cherry Project is a Decentralized Autonomous Organization developing a layer one blockchain network optimized for data operations. Cherry serves as a purpose-specific infrastructure for decentralized applications handling data. Built on Substrate, it implements state-of-the-art cryptographic standards to provide for second layer scalability (zkSNARKs) and features a node-level IPFS integration that allows the Cherry Virtual Machine to natively interface with an indexed queryable data storage and referencing facility. This novel native node to IPFS communication mechanism allows smart contracts to interact with an updated state of the data in runtime. These advanced features come prebuilt in our core and are accessible on other blockchains through Cherry’s interoperability channels. Decentralized applications built on Cherry or many of the most renowned decentralized networks can now leverage Cherry’s features to augment their dApps. Most of the complexities of building-integrated web3 applications handling data are, thus, abstracted away to the core, allowing smart contract developers to rely on a rich base layer toolkit, and ultimately focus on best serving their customers.