CHER
Cherry NetworkCHER

Cherry Network current price (CHER)

$0.0811

50.18%
Trading Volume (24h)
$251,558.51

Market/Exchange

Exchange
Currency Pair
Price
Trading Volume (24h)

CHER Price Prediction and Price Movement

CHER has been down 34.31 percent over the last three months, and with its small market capitalization, it is very likely that such price movement may continue. However three months is still considered early in the crypto world and it is also likely that CHER's price may bounce back if it has a solid team and has delivered what they promised on their white papers. Therefore traders should be careful and should research thoroughly and see if CHER is backed by a solid development team and whether CHER's technology has any potential to grow.

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.

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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.