StrongHands Masternode price today, SHMN to USD live price, marketcap and chart | CoinMarketCap (2024)
About StrongHands Masternode
StrongHands Masternode (SHMN) is a coin generated through a swap from 3.3 trillion Classic StrongHands Coin (SHND) and is limited to a maximum supply of 15,000,000. The focus of the project is the sports world (i.e. athletes, vendors, and supporters), where the use case of the coin is reportedly supported by mobile apps, smart watches, plastic cards, and PC wallets. The project aims to become 'a significant asset in the masternode market, as inspired by Dash and PIVx'. The project's controlled inflation was a deliberate design choice to provide a long term source of passive income. The technology is reportedly revised regularly by the development team in order to maximize security and reliability.
The primary requirement for running a masternode in the VeChain network is 25,000,000 VET. Given that the current price of one coin is $0.03506, the masternode price would be $376,500.
Not only do masternode coins offer higher yields than standard cryptocurrency, If you're looking to diversify your crypto portfolio and increase your chances of making profits, a masternode may be just what you need. After all, there are few better ways to earn money through cryptocurrency than masternodes.
There are many ways to profit within the cryptocurrency space and one of the oldest passive income opportunities is through the use of masternodes. Masternodes offer an opportunity for investors to earn daily passive income by contributing computing power that is used to power the blockchain.
Master nodes often earn rewards for their service and may require collateralization. Investing in cryptocurrencies and other Initial Coin Offerings (“ICOs”) is highly risky and speculative, and this article is not a recommendation by Investopedia or the writer to invest in cryptocurrencies or other ICOs.
1 Pepe is currently worth $0.00000733, according to the exchange rate to USD in the last 24 hours. This value has increased by -5.91% compared to the exchange rate from 24 hours ago.
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