5IRE
$0.0003720926379031164

5ire (5IRE) Price

$0.0003720926379031164

5ire (5IRE) Price Today

The live price of 5ire is 0.0003720926379031164 USD. In the past 24 hours, the trading volume of 5ire was 219,081.72 USD, down by -5.16%. The current price has decreased by -24.05% from its 7-day high of 0.46 USD, and increased by 0.00031716% from its 7-day low of 0.00039753 USD. With a circulating supply of 1,500,000,000.00 5ire, the market cap of 5ire is currently 484,293.00 USD, down by 0% in the last 24 hours. 5ire currently ranks #5626 by market capitalization among cryptocurrencies.

5ire (5IRE) Market Data

Market Cap
$238.7K
24h Volume
$219K
Circulating Supply
641M 5IRE
Maximum Supply
1.5B 5IRE
Fully Diluted Market Cap
$558.7K
Liquidity Indicator
91.75%
About
Rate
Leaderboard
FAQ

About 5ire (5IRE)

How can I buy 5ire (5IRE)?

Buying 5ire (5IRE) on BingX is simple and secure. Create an account, deposit USDT or another supported asset, and purchase 5ire (5IRE) directly in the Spot Market. The tokens will then appear in your BingX Spot Wallet, ready for trading or transfer at anytime. Discover How to Buy 5IRE Guide for more information.

What Is 5ire (5IRE) and How Does It Work?



5ire (5IRE) is a sustainability-focused Layer-1 blockchain designed to drive the shift from a “for-profit” to a “for-benefit” economy. Its main goal is to align blockchain activity with environmental, social, and governance (ESG) standards, rewarding network participants who contribute positively to global sustainability efforts. The project combines scalability, interoperability, and a strong social impact vision to build a greener and more inclusive Web3 ecosystem.

At the core of 5ire is 5ireChain, a dual-chain infrastructure compatible with both EVM and WASM, allowing developers to deploy smart contracts using familiar Ethereum tools or more advanced frameworks. It runs on a unique Sustainable Proof-of-Stake (SPoS) consensus mechanism, where validators are chosen and rewarded not only based on stake size but also on sustainability scores, reliability, and past behavior. This approach encourages ethical participation while maintaining security and decentralization.

The native token, 5IRE, powers all network operations, including transaction fees, staking, governance, and validator rewards. Users can stake 5IRE to earn rewards, participate in governance proposals, or use it within dApps built on the network. By integrating sustainability into its economic model, 5ire aims to create a blockchain that delivers both financial value and measurable real-world impact.

When Did 5ire Launch?


5ire was founded in August 2021 by Indian entrepreneurs Pratik Gauri and Prateek Dwivedi, alongside Web3 financier Vilma Mattila. The project’s early history includes seed and Series A fundraises, including a $100 million commitment in 2022 that elevated its valuation to around $1.5 billion, making it one of India’s unicorn-level blockchain ventures.

5ire Roadmap Highlights


- Q4 2022 – Thunder Testnet Alpha launched with core features, such as EVM + WASM compatibility, ESG module, explorer, and wallet

- Q2 2023 – Release of 5ire IDE, wallet extension, Validator & Nominator apps on testnet

- Q1 2024 – Introduction of SPoS reward mechanism, ESG scoring, mainnet preparations

- Q2 2024 – Launch of decentralized EVM bridge, wallet inheritance, 5ireScan, and mainnet rollout

- Q4 2024 → Q1 2025 – Implementation of upgrades like Deadman Switch, Secure Transaction System, Liquid Staking, SDKs, and governance module improvements

- Q2 2025 onward – Focus shifts to institutional APIs, RWA standards, data marketplace, ESG-as-a-Service, decentralized storage, naming service, and AI-driven features

What Is the 5ire Token Used for?


The 5IRE token is the native utility and governance asset of the 5ireChain ecosystem. It is used to pay transaction fees, stake for validator or delegator participation, vote on governance proposals, and reward network contributors based on performance and sustainability scores under the Sustainable Proof-of-Stake (SPoS) model. The token also powers dApps, smart contracts, and ecosystem incentives that promote ESG-aligned activities within the network.

You can trade 5IRE tokens on the BingX Spot Market by logging into your BingX account, searching for the 5IRE/USDT trading pair, and placing a buy or sell order based on real-time market prices. Once purchased, your 5IRE tokens will appear instantly in your BingX Spot Wallet, where you can hold, trade, or transfer them.

What Is 5ire Tokenomics?


5ire (5IRE) Tokenomics is designed to sustain the network’s growth, reward long-term participants, and support ecosystem development aligned with its sustainability goals. The token has a maximum supply of 1.5 billion 5IRE, with no plans for further issuance beyond this cap.

At launch, around 1.46 billion 5IRE were in circulation, with the rest gradually unlocked based on the project’s vesting schedule. Validators and nominators earn rewards for securing the network through 5ire’s Sustainable Proof-of-Stake (SPoS) consensus, where both stake size and ESG performance determine rewards. Token burning mechanisms may also be introduced in the future to balance supply and enhance long-term token value.

5IRE Token Allocation


- Ecosystem & Community Incentives: 35% — to fund sustainability programs, partnerships, user rewards, and long-term network growth.

- Staking & Validator Rewards: 25% — distributed to validators and delegators securing the network through SPoS consensus.

- Team & Founders: 10% — allocated to core contributors and early builders with vesting schedules to ensure long-term alignment.

- Private Sale & Strategic Investors: 10% — distributed to early backers and strategic partners who supported initial network development.

- Treasury & Reserves: 8% — held by the 5ire Foundation for ecosystem grants, liquidity, and protocol upgrades.

- Advisors & Partners: 5% — set aside for institutional and technical partners contributing to 5ire’s roadmap and adoption.

- Public Sale: 4% — made available during token generation and public sale events to enhance market liquidity and decentralization.

- Marketing & Operations: 3% — to support user acquisition, outreach campaigns, and global expansion efforts.

How to Stake 5IRE Tokens


You can stake 5IRE tokens to earn rewards and actively support the security and sustainability of the 5ireChain network. Staking allows you to lock your tokens as a validator or delegator under the Sustainable Proof-of-Stake (SPoS) system, where rewards depend on both stake amount and sustainability performance.

To get started, visit the official 5ire staking dashboard or connect through the 5ire Wallet or 5ireScan interface. Connect your compatible Web3 wallet, such as MetaMask, select a validator from the list, and choose how many 5IRE tokens to delegate. Once confirmed, your tokens will begin generating rewards in each staking “era.” You can claim or restake your earnings anytime before they expire, typically after around 84 eras.

What Blockchain Network Does 5ire Operate on?


5ire operates on its own Layer-1 blockchain network called 5ireChain, built from the ground up to support sustainable and ESG-driven decentralized applications. It combines Ethereum Virtual Machine (EVM) and WebAssembly (WASM) compatibility, allowing developers to deploy smart contracts in multiple programming environments. Powered by its unique Sustainable Proof-of-Stake (SPoS) consensus mechanism, 5ireChain integrates performance, reliability, and sustainability scoring to reward eco-friendly validators while maintaining scalability and interoperability across the broader Web3 ecosystem.

Which Wallets Support 5ire Tokens?


The easiest and most secure way to store your 5IRE tokens is on BingX, where you can manage your holdings directly within your account. After purchasing 5IRE on the BingX Spot Market, your tokens are automatically stored in your BingX Spot Wallet, protected by advanced security systems, multi-signature cold storage, and BingX’s insurance-backed User Protection Fund. This option is ideal for traders who want quick access for buying, selling, or transferring tokens without worrying about private key management.

Alternatively, you can store 5IRE tokens in non-custodial Web3 wallets that support EVM-compatible networks such as MetaMask, Trust Wallet, or the official 5ire Wallet. These wallets let you connect directly to 5ireChain by adding its RPC details or using 5ire’s integrated interface for staking and governance. For long-term storage, hardware wallets like Ledger or Trezor can be configured to interact with EVM-based assets, offering maximum control and offline protection for your 5IRE holdings.

Is 5ire (5IRE) a Good Investment?


5ire (5IRE) stands out as a promising investment because it combines blockchain innovation with a real-world sustainability mission. Its Sustainable Proof-of-Stake (SPoS) model uniquely rewards validators based on environmental and social impact, aligning financial incentives with global ESG goals.

The dual-chain architecture supporting EVM and WASM expands developer access, driving potential ecosystem growth and dApp adoption. With strategic backing, a growing developer community, and plans for features like liquid staking and ESG-as-a-Service, 5ire positions itself as a forward-looking project bridging blockchain technology with sustainability-focused innovation.

Info Source

New Cryptocurrencies and Listings

Explore newly-listed crypto assets on BingX and never miss the next opportunity.

Frequently Asked Questions about 5IRE (5ire)

How much is 1 5IRE (5ire) worth?
What is the price prediction for 5IRE (5ire)?
What is the all-time high price of 5IRE (5ire)?
What is the all-time low price of 5IRE (5ire)?
How many 5IRE (5ire) are there in circulation?
What is the market capitalization of 5IRE (5ire)?
How to trade 5IRE (5ire) on BingX?
What affects the price of 5IRE (5ire)?
How do I cash out my 5IRE (5ire)?
Disclaimer:
Price analysis and valuation are influenced by multiple factors, and theoretical projections do not guarantee that a token will reach a specific price level. The information provided is for informational purposes only and does not constitute investment advice. Investors should conduct their own research before making any financial decisions.
By accessing and using this platform, you agree to comply with our Terms of Use.
Trading cryptocurrencies and other financial instruments involves risks, including the potential for loss of funds. You should never trade more than you can afford to lose. Please be aware of the risks involved and seek independent financial advice if necessary.
For more detailed information, please refer to our Risk Disclosure Statement.