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About GEMS

GemPad is a frontline protocol for users and project-owners designed to help to launch their projects and tokens in the easiest way possible. As an investor, you'll be able to browse the many presales. They have crafted an all-in-one platform, providing users with numerous features that can be used with no coding requirements. They offer a launchpad with Whitelists, Liquidity Locks, KYC, Audits along with other options as well as incubator benefits for select, especially promising projects. To easy distinguish between projects, they have come up with a system of tiers. The higher the tier, the safer and better a project is. Their tiers go from common to gold to platinum and lastly diamond. Having a system of tiers allows GemPad to be a launchpad for all projects, from the smallest ones to big and already established ones. That is why they do not only offer presales, but special sales as well. They also offer the ability to raise funds in any crypto token. Another feature on GemPad is the My Alarms function. You can set up the alarm to remind you 5, 15 or 30 minutes before the presale starts or before the launch takes place, making sure you do not miss another project again!

Gem Pad (GEMS) is a cryptocurrency launched in 2022. GEMS has a current supply of 100.00M with 0 in circulation. The last known price of GEMS is 0.00799271882 USD and is 0 over the last 24 hours. It is currently trading on active market(s) with $0 traded over the last 24 hours. More information can be found at https://gempad.app.

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GEMS Price Statistics
GEMS’s Price Today
24h Price Change
-$00.00%
24h Volume
$0100.00%
24h Low / 24h High
$0 / $0
Volume / Market Cap
--
Market Dominance
0.00%
Market Rank
#7493
GEMS Market Cap
Market Cap
$0
Fully Diluted Market Cap
$799,271.88
GEMS Price History
7d Low / 7d High
$0 / $0
All-Time High
$0
All-Time Low
$0
GEMS Supply
Circulating Supply
0
Total Supply
100.00M
Max Supply
100.00M
Updated Dec 08, 2024 8:29 am
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GEMS
Gem Pad
$0.00799271882
$0(-0.00%)
Mkt Cap $0
There's nothing here for now
Former Silvergate CTO says bank was 'stabbed in the back' by regulators in 2023
Former Silvergate CTO says bank was 'stabbed in the back' by regulators in 2023
Chris Lane, former CTO of Silvergate Bank, published a “personal view” on the bank’s closure on X, accusing regulators of “baiting and switching” on a bank that was once favored by many in the crypto industry. Silvergate Bank voluntarily closed and liquidated in March 2023 as part of a regional banking crisis sweeping the United States, which led to the collapse of three mid-sized banks (Silvergate, Silicon Valley Bank, and Signature Bank) in just five days. In a filing with the U.S. SEC at the time, the company stated: “Given recent industry and regulatory developments, Silvergate believes that an orderly closure of banking operations and voluntary liquidation of the bank is the best path forward.” However, since the bank’s closure, multiple executives have explicitly blamed regulators for a sudden shift that ultimately prevented Silvergate Bank from continuing its digital asset-centric business model. “Silvergate became the object of its services to cryptocurrency clients, a strategic vertical we had focused on since 2013,” Lane wrote. “Regulators stepped in sometime in the spring of 2023 and severely limited the amount of USD deposits we could hold for digital asset clients, directly impacting our entire business model.” Several influential figures in Washington blamed the turmoil in the cryptocurrency industry, especially after the collapse of FTX, for sparking the collapse of Silvergate, which had provided some banking services to the exchange, which filed for bankruptcy in November 2022. “As the go-to bank for cryptocurrency, the collapse of Silvergate Bank is disappointing, but predictable,” U.S. Senator Elizabeth Warren wrote on X when Silvergate collapsed. “I warned that Silvergate’s behavior was dangerous and even illegal, and found serious due diligence lapses. Now, customers must be compensated for their losses, and regulators should strengthen their oversight of cryptocurrency risks.” However, Lane defended Silvergate’s solvency after the collapse of FTX in his post, “Our business was not perfect, and we did provide banking services to FTX, as did many other banks. But Silvergate was solvent, and Liquid (I believe) was stabbed in the back by our regulators.” Some figures in the crypto space claim that the coordinated actions taken by regulators to restrict the digital asset industry’s access to U.S. banks can be considered “Operation Choke Point 2.0,” an evolution of a 2013 Department of Justice initiative to investigate banks that provided services to certain high-risk or suspicious financial businesses, such as payday loan companies. (The Block) Yesterday, David Sacks, the incoming AI and "crypto czar" of the Trump administration, said that "there are too many stories about people being harmed by Operation Choke Point 2.0" and said the so-called move "needs to be reviewed."
Dec 08, 2024 8:19 am

Frequently Asked Questions

  • What is the all-time high price of Gem Pad (GEMS)?

    The all-time high of GEMS was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of Gem Pad (GEMS) is 0. The current price of GEMS is down 0% from its all-time high.

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  • How much Gem Pad (GEMS) is there in circulation?

    As of , there is currently 0 GEMS in circulation. GEMS has a maximum supply of 100.00M.

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  • What is the market cap of Gem Pad (GEMS)?

    The current market cap of GEMS is 0. It is calculated by multiplying the current supply of GEMS by its real-time market price of 0.00799271882.

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  • What is the all-time low price of Gem Pad (GEMS)?

    The all-time low of GEMS was 0 , from which the coin is now up 0%. The all-time low price of Gem Pad (GEMS) is 0. The current price of GEMS is up 0% from its all-time low.

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  • Is Gem Pad (GEMS) a good investment?

    Gem Pad (GEMS) has a market capitalization of $0 and is ranked #7493 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Gem Pad (GEMS) price trends and patterns to find the best time to purchase GEMS.

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