Details about Wrapped Shift cryptocurrency
Wrapped Shift
wshift
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Wrapped Shift price charts
wshift exchanges
Wrapped Shift, the crypto
Wrapped Shift (WSHIFT) is an ERC-20 token that is pegged to Shift (SHIFT), a privacy-focused cryptocurrency built on the Waves blockchain. WSHIFT is an interoperable token that allows users to utilize SHIFT on other blockchain platforms that support ERC-20 tokens.
The point
The main point of Wrapped Shift (WSHIFT) is to increase the liquidity and usability of SHIFT by making it available on other blockchain platforms such as Ethereum. This allows users to transact with SHIFT and access its privacy features on various decentralized applications (dApps) and decentralized exchanges (DEXs) that operate on the Ethereum network.
The problem
The problem that Wrapped Shift (WSHIFT) tries to solve is the lack of interoperability between different blockchain platforms. By creating a bridge between the Waves and Ethereum blockchains, users can easily move SHIFT from one network to the other without the need for a centralized exchange. This provides a more decentralized and efficient way of accessing SHIFT's privacy features on a wider range of dApps and DEXs.
Compare WSHIFT and BTC performance
| Timeframe | WSHIFT | BTC |
|---|---|---|
| 1h change | 0 % | -0.234911 % |
| 24h change | 0 % | 1.25967 % |
| 7 day change | 0 % | -1.44157 % |
| 14 day change | 0 % | -9.47799 % |
| 30 day change | -30.62 % | -7.33786 % |
| 200 day change | 0 % | 129.168 % |
| Year change | 0 % | 129.33 % |