Key Takeaways
- Cheems is the first meme coin built on the Solana blockchain, inspired by the success of the Cheems meme.
- At the time of writing, the token is currently priced at $0.0004454 with a market cap of $1.13 M and a $74.18K 24-hour trade volume.
- Cheems is different from other meme coins with its community-driven approach and emphasis on social responsibility like animal welfare.
In the present world of cryptocurrency, there are new projects emerging that leverage memes, humor, etc., to capture the attention of investors and traders. Cheems crypto is one such project, built on the Solana blockchain, and it emerged from the success of the Cheems meme. Cheems is the first meme coin on the Solana blockchain network.
But what exactly is Cheems crypt, how does it work, and what is its token? Let’s understand these in detail with the help of the article below and also look at its price prediction for 2025.
What is Cheems crypto and its token?
CHEEMS is a community-driven meme coin inspired by the popular meme featuring a Shiba Inu dog named “Cheems.” Like any other meme coin, Cheems crypto also gained the attention of social media communities and crypto enthusiasts. However, Cheems considers itself a lord of memes, and they are here to help those people who suffered pump-and-dump schemes and rug pulls.
Cheems is one of the first meme coins built on the Solana blockchain, and it established a significant position in the cryptocurrency market. It actively encourages its community to be involved in various activities and to innovate developments within the network. Even though it is a coin that carries humor and playful nature, it has a serious mission to support animal welfare and promote kindness and compassion for all living beings.
What is the Cheems (CHEEMS) token?
The official token of the Cheems ecosystem is $CHEEMS, which is used for trading purposes. The token has gained thousands of followers from all around the world due to its fair distribution and unique features like access to Cheemsverse and Guild Non-Fungible Tokens (NFTs). The token’s distribution was community-driven, and after its launch, 85% of the supply was airdropped to more than 6,000 early supporters, highlighting accessibility and community engagement.
Unlike traditional cryptocurrencies, Cheems derives its value from its community support and meme-based origin. The token leverages the infrastructure of the Solana blockchain, thereby ensuring fast and cheaper transactions that are ideal for a casual and meme-focused audience of crypto enthusiasts.
Initially, 7 billion tokens were created, but 4.5 billion tokens were burned, currently priced at $0.0004453. This reduction introduces scarcity that is capable of influencing the market dynamics. The token primarily serves as a collectible and speculative asset.
Features of Cheems
Like any other meme coin, Cheems operates in terms of its technical foundation, but the token stands apart when it comes to ecosystem services and the values offered. CHEEMS has a straightforward approach to its tokenomics and governance, and there are no taxes on transactions, giving users control over their investments. One of the most inspiring features of the project is its commitment to animal welfare, where they have already donated a significant amount of money to local animal shelters.
The Cheemsverse feature of the project adds a layer of creativity and imagination and gives a sense of community among its supporters. The Cheemsverse is filled with symbolic stories that resonate with the audience, and involving these stories in the project, it gives its supporters a sense of belonging and excitement.
Tokenomics and Price Prediction for 2025
Market price: $0.0004454
24-hour trading volume: $74.18K
Market cap: $1.13 M
Total supply: 2.55B CHEEMS
Circulating supply: 2.55B CHEEMS
Based on the current market price, it is expected to rise by 226.55% and reach $0.001482 by January 2025. Let’s take a look at the detailed price prediction of CHEEMS for the year 2025.
Month | Minimum Price | Average Price | Maximum Price | Potential ROI |
January | $0.000609 | $0.001259 | $0.002133 | 380.79% |
February | $0.001122 | $0.00166 | $0.002084 | 369.69% |
March | $0.001175 | $0.001441 | $0.001816 | 309.39% |
April | $0.001533 | $0.001607 | $0.001692 | 281.45% |
May | $0.001187 | $0.001379 | $0.001592 | 258.98% |
June | $0.000992 | $0.001143 | $0.001275 | 187.40% |
July | $0.000878 | $0.001097 | $0.001213 | 173.42% |
August | $0.000771 | $0.000876 | $0.000975 | 119.75% |
September | $0.000819 | $0.00086 | $0.000944 | 112.88% |
October | $0.000837 | $0.000972 | $0.001217 | 174.72% |
November | $0.001084 | $0.001189 | $0.001251 | 182.44% |
December | $0.001092 | $0.00117 | $0.001234 | 178.52% |
In 2025, CHEEMS is expected to trade between a price of $0.000609 and $0.002133, with an annualized average price of $0.001221, which could result in a potential ROI of 381.45% compared to current rates.
Where to buy CHEEMS?
- Radium
- Orca
- Meteor VP
- DODO (BSC)
- Uniswap
- Gate.io
- BitMart
- Hotbit
- Cex.io
Conclusion
Despite being a meme coin, Cheems has long-term potential. Moreover, the community support and emphasis on social responsibility, like animal welfare, set it apart from other meme-coin projects. The importance given by Cheems to animal welfare allows it to reach a wider audience by fostering a positive image.
The volatile nature of the crypto market and the speculative nature of meme coins make it difficult to predict the exact price of CHEEMS tokens. So investors need to analyze market trends, risk tolerance, and then only make investment decisions. However, the project’s community-driven approach and its support for social responsibility increase the sustainability of the project in the long term.