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    Shardeum

    SHM

    Evaluation Score

    Overall rating on a scale of 0-10

    RiskReturn
    07.410
    Risk Level:
    High
    Recommendation:Buy
    Evaluated:January 6, 2026 (v7)

    Whale Pulse

    Large transaction flow (>$10k)

    No whale transactions >$10k detected recently for SHM.

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    AI Analysis

    Comprehensive evaluation of the token

    Shardeum (SHM) presents a compelling but high-risk investment case as an upcoming Layer 1 blockchain, driven by exceptional Community Support (9.2) and strong Active Development (8.2). The project distinguishes itself with a massive, grassroots ecosystem—evidenced by over 170,000 self-run validator nodes—and a unique 'dynamic state sharding' architecture that theoretically solves linear scalability. However, the evaluation highlights significant concerns that temper the overall outlook. Tokenomics (6.2) are a major weak point, featuring high insider concentration and short vesting schedules that could induce post-launch sell pressure. Additionally, Security (6.5) and Team (7.2) scores are impacted by a previous testnet inflation exploit and reputational challenges surrounding the founder's prior exchange. While the project shows immense promise and genuine utility, investors must weigh the strong technical and community fundamentals against the centralization risks and the inherent volatility of a pre-mainnet asset.

    Development Activity

    Code updates and developer engagement

    RiskReturn
    08.210

    Community Support

    Social media presence and community engagement

    RiskReturn
    09.210

    Tokenomics

    Supply, distribution, and utility

    RiskReturn
    06.210

    Market & Use Case

    Value proposition and competitive landscape

    RiskReturn
    07.510

    Team & Governance

    Team background and project governance

    RiskReturn
    07.210

    Security & Audits

    Security history and audit status

    RiskReturn
    06.510
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