Name:Shoggoth (shoggoth.monster)
Introduction:
What Is Shoggoth?
Shoggoth is a meme coin on the Solana blockchain. It is inspired by the 2023 internet meme that gained traction among AI researchers and tech enthusiasts. The meme is based on the shoggoth, a creature from H.P. Lovecraft's Cthulhu Mythos, and it has become a symbol for the mysterious and alien-like nature of artificial intelligence models. In popular culture, shoggoths are depicted as amorphous, inscrutable entities wearing a small smiley-face mask—representing how AI systems appear approachable while concealing their complex inner workings.
The Shoggoth token leverages this cultural reference to create a niche in the cryptocurrency world, blending humor, AI symbolism, and blockchain technology. It is designed as a community-driven project, where enthusiasts can engage with the meme and explore its themes in the context of decentralized finance. As a meme coin, its primary appeal lies in its cultural significance and the creativity of its community rather than traditional utility.
How Shoggoth Works
Shoggoth operates on the Solana blockchain, taking advantage of the network's fast transaction speeds and low fees. The project is designed as a community-driven meme coin, emphasizing engagement, creativity, and thematic connections with the tech-savvy audience drawn to the shoggoth concept.
The shoggoth meme itself originates from AI discussions, where it represents the "alien-like" intelligence of large language models hidden behind user-friendly interfaces. Shoggoth token taps into this cultural phenomenon by creating a platform for enthusiasts to interact with and expand the meme, including tools for generating personalized shoggoth content and avatars.
What Is the SHOGGOTH Token Used For?
SHOGGOTH is the main token of the Shoggoth project, with a total supply of 1 billion tokens. As a meme coin, its primary function is to support community-driven activities inspired by the shoggoth meme. These include participating in meme creation, customizing avatars, and engaging in themed events within the Shoggoth ecosystem. SHOGGOTH also serves as a tradable token, appealing to those interested in speculative investments within the cryptocurrency market. While its primary focus is on community engagement and entertainment, the token represents the project’s central means of fostering participation and creativity.
Conclusion
Shoggoth is a meme coin that capitalizes on a blend of pop culture and blockchain innovation, making it an intriguing addition to the growing world of Solana-based projects. With a clear nod to the shoggoth meme and its connections to AI, the project has created a niche community of enthusiasts who enjoy merging humor, creativity, and crypto investment.
As with all cryptocurrency investments, particularly in the meme coin category, prospective investors should perform due diligence, recognizing that projects like Shoggoth are driven by cultural relevance and community engagement rather than intrinsic utility or technological breakthroughs.
All-time high:$0.1774
All-time low:$0.003374
Circulating supply:1,000,000,000 SHOGGOTH
Total supply:1,000,000,000 SHOGGOTH
Max supply:1,000,000,000 SHOGGOTH
Market cap:$34.70M
Fully diluted market cap:$34.70M
The market value of SHOGGOTH currently stands at $34.70M, and its market ranking is #850. The value of SHOGGOTH is not widely recognized by the market. When the bull market comes, the market value of SHOGGOTH may have great growth potential.
As a new type of currency with innovative technology and unique use cases, SHOGGOTH has broad market potential and significant room for development. The distinctiveness and appeal of SHOGGOTH may attract the interest of specific groups, thereby driving up its market value.
Based on SHOGGOTH's historical price performance prediction model, the price of SHOGGOTH is projected to reach $0.05156 in 2025.
In 2030, the SHOGGOTH price is expected to change by +7.00%. By the end of 2030, the SHOGGOTH price is projected to reach $0.09884, with a cumulative ROI of +171.26%.
Reminder: Just like all cryptocurrency investments, investors must closely monitor the market performance of SHOGGOTH and be aware of the associated risks. The world of cryptocurrencies is full of uncertainties, so thorough research and preparation are essential.
If you want to buy SHOGGOTH, the following information may be helpful for your investment decisions:
In the last 7 days, the price of SHOGGOTH has fallen by -6.16%, leading to negative returns for most SHOGGOTH investors. The market is currently pessimistic about the price trend of SHOGGOTH.
It is important to note that the current price of SHOGGOTH has retreated by -80.44% from its all-time high. This coin is currently considered high-risk, and while its price may rebound in the future, there is significant uncertainty.
Additionally, it's important to understand that each coin has its own optimal times for buying and selling. The optimal time to invest is dynamic: when a coin is undervalued, it's wise to adopt a buying strategy; when it becomes overvalued, you should decisively sell the coin.
To decide whether SHOGGOTH is worth investing in, you need to consider various market factors such as the overall trend of the cryptocurrency market, the project's fundamentals, its current market valuation, and whether the current price is suitable for buying. If the project's fundamentals suddenly change or the price becomes excessively high, you should adjust your investment strategy and trading operations accordingly.
Your investment decisions should be based on your own risk tolerance, financial status, market analysis and research, especially the timing of your investments. Correct timing can ensure more reliable returns. Keep in mind that investing in SHOGGOTH or any cryptocurrency comes with certain risks and uncertainties.
Regardless of your outlook on the development prospects and future trends of SHOGGOTH, if you want to buy or sell SHOGGOTH, you can consider Bitget for your trading needs. The best place to buy SHOGGOTH is an exchange that offers hassle-free and secure transactions, combined with a user-friendly interface and high liquidity. Every day, millions of users choose Bitget as their trusted platform for crypto purchases.
Investing in Shoggoth (shoggoth.monster) has never been easier. Simply sign up on Bitget, complete the identity verification process, and make payments using bank transfers, debit cards, or credit cards, all while ensuring security through crypto wallets. This is a widely adopted method to buy Shoggoth (shoggoth.monster). Here's a
step-by-step guide on how to buy Shoggoth (shoggoth.monster) on Bitget.
Using cash to buy Shoggoth (shoggoth.monster) is not the only way to obtain Shoggoth (shoggoth.monster). If you have the time to spare, you can get Shoggoth (shoggoth.monster) for free.
All crypto airdrops and rewards can be converted to Shoggoth (shoggoth.monster) through Bitget Convert, Bitget Swap, or spot trading.
The use case of Shoggoth (shoggoth.monster) may expand as the crypto market and the project itself develop. Currently, you can use SHOGGOTH to achieve the following goals:
Arbitrage by trading SHOGGOTH: Since SHOGGOTH is a frequently traded cryptocurrency, the price of SHOGGOTH is always fluctuating. Earn more SHOGGOTH by buying low and selling high on the exchange.
Bitget spot market provides a variety of SHOGGOTH trading pairs to fully meet your needs.
Earn by staking SHOGGOTH: You can also generate income through financial management methods such as staking SHOGGOTH or lending SHOGGOTH.
Bitget Earn offers a variety of financial products designed to help you earn more income from your SHOGGOTH.
Send or pay SHOGGOTH: If you want to give SHOGGOTH to your friends, a charity, or a fundraiser, or you want to pay someone with SHOGGOTH, you can quickly and easily send SHOGGOTH to the recipient through their payment address.
You can also go to the official website of the Shoggoth (shoggoth.monster) project to learn more about the use cases of SHOGGOTH. For example, find out if the project supports the use of within its community or ecology, or if the project allows you to purchase physical or virtual products in .