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ShapeShift FOX Token Overview
24h High
$0.01
24h Low
$0.01
24h Change
-2.91%
7d Change
-1.80%
30d Change
-3.28%
Volume 24h
$27.75K
Market Cap
$2.66M
Circulating Supply
377.15M FOX
ShapeShift FOX Token News
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About ShapeShift FOX Token
The FOX Token is an Ethereum-based cryptocurrency central to the governance of ShapeShift, a decentralized exchange. FOX token holders enjoy the privilege of participating in crucial votes regarding the DAO's management and finances. It not only empowers users within a borderless and cross-chain cryptocurrency trading platform but also acts as a versatile portfolio management tool, granting users greater control over their digital assets. Functioning as the governance token of the ShapeShift DAO, FOX holders actively engage in decision-making processes concerning the treasury, platform features, partnerships, budgets, and other key initiatives. Beyond governance, FOX tokens offer unique DeFi opportunities, serving as a valuable tool to fund proposals and amplify network effects through democratic voting. Founded in 2014 by Erik Voorhees and Jon ShapeShift (a pseudonym), ShapeShift continues to evolve through the power of the FOX Token.
The FOX Token serves as the governance token within the ShapeShift decentralized autonomous organization (DAO). It empowers FOX holders to actively participate in decision-making processes related to the DAO's treasury and other vital governance matters. These matters include implementing new platform features, forming partnerships, setting budgets for various workstreams, and initiating other key initiatives. Beyond its governance function, token holders can also employ unique DeFi strategies to optimize the advantages associated with owning FOX tokens. Essentially, the FOX Token serves as a valuable tool for the community to fund proposals and enhance network effects through voting, with each FOX Token representing one vote.
Founded in 2014 by Erik Voorhees and Jon ShapeShift (a pseudonym), ShapeShift is guided by an innovative leadership team that has made a profound impact on the cryptocurrency sector. Erik Voorhees, a prominent advocate for digital currencies, is acclaimed for passionately promoting Bitcoin as a groundbreaking innovation. His influence extends to mainstream media, where he has made appearances on notable platforms including Bloomberg, Fox Business, CNBC, RT, and BBC Radio, and actively participates in numerous cryptocurrency industry events. Erik emphasizes the constraints of a genuinely "free market" in a landscape where the very nature of money is subject to central planning and control. Prior to ShapeShift, Voorhees gained recognition for creating SatoshiDICE, a platform that popularized the concept of verifiable fairness and played a pivotal role in Bitcoin transactions during 2012 and 2013. Before this venture, Erik served as the Head of Marketing at BitInstant in New York City. Meanwhile, Jon ShapeShift, in his role as Chief Product Officer and co-founder, directed product strategy, led product development teams, and devised solutions that seamlessly integrated the dynamic landscape of cryptocurrency, decentralized finance, and macroeconomics. His extensive experience in founding and advancing online gaming and cryptocurrency platforms has been instrumental in establishing ShapeShift as one of the foremost globally recognized brands in the cryptocurrency industry.
ShapeShift FOX Token Markets
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ShapeShift FOX Token Platforms
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ShapeShift FOX Token Market Data
The live ShapeShift FOX Token price today is $0.01 USD with a 24-hour trading volume of $27,746.99 USD. We update our FOX to USD price in real-time. ShapeShift FOX Token is down 2.91% in the last 24 hours.
The current market cap is $2,658,252.21 USD, ranking #920 by market capitalization. The circulating supply is 377,154,162 FOX.