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Shift (SHIFT)

Market Cap

$7,628,073 USD

Volume (24h)

$12,914 USD

4.3
SAFETY

ranking factors

  • Markets

    How many exchanges are there to trade this coin?

    Shift Markets Rank: 3/100

  • Volume Ratio

    How actively is this asset being traded on the market?

    Shift Volume Ratio Rank: 1/100

  • Market Cap

    The total cost of all coins available.

    Shift Market Cap Rank: 83/100

  • 24h Change

    Is the price moving up or down?

    Shift 24h Change Rank: 46/100

  • Social Following

    How many users are following this coin?

    Shift Social Following Rank: 79/100

  • Google Trends

    How many users are searching for the coin?

    Shift Google Trends Rank: 46/100

  • Twitter Citation

    How many users are talking about this coin in Twitter?

    Shift Twitter Citation Rank: 50/100

  • User Voting

    How popular is this coin among Cointobuy community?

    Shift User Voting Rank: 98/100

Shift investment analysis

This is a "build your stuff on our blockchain" type of application. The team behind this project has created a product that will allow users to host Dapps in a decentralized environment, much like Ethereum. However, unlike the current Ethereum network, each of these applications will be issued their own side chain.

This allows greater scalability and increased potential for developers, who will also be able to program their offerings in JavaScript, a language that many are already familiar with, easing the burden of adoption new blockchain systems.

While the project's goals of a decentralized web where nobody has to worry about being silenced are noble, there's one problem. Ethereum has more or less already created and capitalized on this environment. While the network does have its problems, the developers are quickly working to address them with their own scaling solutions.

Once those solutions are implemented, there may be little reason for developers to use an alternative blockchain such as this one. Could this spell trouble for your Shift investment? Only time will tell, but in this review, we'll dive a little deeper into the project's fundamentals. They do have some interesting roadmap goals, and this project is certainly worth looking into.

current price
$0.618613
Potential Profit

The tool analyzes each currency for the 6-month historical price data, searches for possible patterns and showing possible profit rate in the coming months.

+547.4%
Potential Price

The tool analyzes each currency for the 6-month historical price data, searches for possible patterns and showing the possible price in the coming months.

$4
Rankings

The current coin position in cryptocurrency rankings by Safety Rank and Potential Profit.

64/877
by Safety
265/877
by Profit
historical data

How to buy Shift?

Investors can buy shift on just a handful of exchanges. While this is at times inconvenient, there is a good deal of trading volume here. So, while you may need to make some secondary exchange accounts, there won't be any worries about whether or not there's enough action here to support your trade. Even sizeable investments can go down without a hitch. However, Bitcoin is really the only viable trading pair. Ethereum is available, but there's not enough liquidity to make it useful.

In order to store your investment, you'll need to download the official wallet. This is available from the project's website. They have made available installation files for Windows, Mac, and Linux, However, there's also a web wallet if you would prefer something that you don't need to download at all. In any case, make sure to create a backup of your installation somewhere safe. Otherwise, you could be in big trouble if you lose access to the wallet. This would leave your funds unreachable. As cryptocurrency investors, we must be careful to protect our funds at all times. Remember, there's nobody that can get them back for you if you lose them.

Is it safe to invest in SHIFT now?

The Shift analysis tells us that this project has been very successful in winning the attention and admiration of investors. Likely because of the slow down scare that Ethereum experienced. This project seems to solve many of the problems inherent, and they were likely riding on becoming an alternative to that network, however, those plans could be in jeopardy.

There's always room for alternatives, and the team behind this blockchain hosting platform have been hard at work pushing out updates for their investors and users. They're also experiencing large growth in social and google trends that are promising signs for investors.

This means a good deal of people are actively searching for and talking about this asset on social media and search engines. This is obviously very desirable, and it can be a good signal as to when a particular coin or token is coming to a tipping point that could lead to some nice price appreciation.

If you invest in SHIFT, then you should be aware that there's a good deal of competition in this space. While there is likely room for many participants in the Daap space, it is also likely that many of these projects will also fail.

There's simply not enough space for all of them. However, this particular platform seems to have a very sturdy follower base, and it's likely that they will be able to carve out a niche for themselves.

You should always check out the competition though, and it would be doing yourself an injustice not to see exactly how their offering differs from other providers. The blockchain is likely the future of decentralized applications, but who the victor of that space will be, has not yet been made clear.

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