About

Gems (GEM) is a cryptocurrency protocol designed for contracting workers to perform micro tasks on blockchain technology. Launched in February 2018, Gems operates on the Ethereum platform and aims to democratize access to scalable micro task workers while creating a cost-efficient network.

The Gems Protocol enables workers to stake tokens to prove the validity of their tasks and earn a reusable computed trust score. This system enhances the network's cost-efficiency while building a trustworthy ecosystem for task completion. The protocol allows anyone to build innovative verification methods for new types of work.

Gems represents a unique approach to the gig economy and task-based work, bridging traditional freelance work with blockchain technology. The platform focuses on creating a decentralized marketplace where workers can complete micro tasks while building reputation through blockchain-verified trust scores.

Exchanges

Gems is available for trading on several cryptocurrency platforms:

Active Markets

Currently trading on 3 active market(s)
Binance - Supporting GEM trading pairs
Kucoin - Available for trading
Kraken - Listed exchange

Trading Information

GEM/USD - Primary trading pair
GEM/BTC - Bitcoin trading pair
Limited exchange listings compared to major cryptocurrencies

The token has limited exchange availability, which affects liquidity and trading volume. Most trading activity occurs on smaller cryptocurrency exchanges that support blockchain utility tokens.

Gems Price

Based on current market data, Gems (GEM) is trading at $0.00009118 USD and is up 2.07% over the last 24 hours. The trading volume of Gems (GEM) is $8,002.31 in the last 24 hours, representing a 0.00% increase from one day ago.

Another source shows the live Gems price at $0.00002508 USD, while some data indicates the price is 100.00% below all time high and 100.00% below all time low. Price variations between exchanges indicate limited liquidity and fragmented trading data.

Market Stats

Current Gems market statistics (as of August 2025):

Current Price: $0.00009118 USD
24-hour Change: +2.07%
24-hour Trading Volume: $8,002.31 USD
Market Cap: $89 thousand
Market Ranking: #6731 (CoinLore) / #12488 (BitDegree)
Circulating Supply: 1 Billion GEM tokens
Total Supply: 8 Billion GEM tokens
Max Supply: 8 Billion GEM tokens

These figures demonstrate limited but consistent trading activity in the micro task blockchain sector.

Performance

Gems reached its all-time high price of $0.056545 on February 20, 2018, roughly 7 years and 5 months ago. The token is currently 100.00% below its all-time high, showing significant decline from its peak performance.

The current price represents a substantial decrease from historical highs, which is common among utility tokens launched during the 2017-2018 cryptocurrency boom. Performance reflects the challenges faced by task-based blockchain platforms and the overall adoption of decentralized work protocols.

Recent 24-hour performance shows a positive trend with a 2.07% increase, indicating some market activity despite the low overall valuation.

Price Analysis

Technical analysis of Gems shows the token trading significantly below historical levels. The 100.00% decline from all-time high indicates the token has lost substantial value since its launch period in 2018.

Current trading volume of $8,002.31 with 0.00% daily increase suggests limited market interest and liquidity challenges. The positive 2.07% daily price change provides some optimism but occurs within very low price ranges.

Market analysis should consider the specialized nature of task-based tokens, where value derives from network utility rather than trading speculation. The significant supply difference between circulating (1B) and total supply (8B) indicates potential future token releases.

Recent Trends

Recent market trends for Gems include:

Slight positive momentum with +2.07% daily increase
Maintaining low but stable trading volume around $8,000 daily
Continued listing on 3 active exchanges
Market cap ranking between #6731 and #12488
Price stabilization at extremely low levels compared to ATH

The project continues operating despite significant value decline since 2018 launch, showing persistence in the specialized micro-task blockchain sector.

Market Details

Gems operates with specific technical and market characteristics:

Blockchain: Ethereum platform (ERC-20 token)
Launch Date: February 2018
Token Type: Utility token for task verification
Organization: Centralized organizational structure
Primary Use: Contracting workers to perform micro tasks
Trust System: Workers stake tokens to prove validity and earn trust scores
Market Cap: BTC0.07455 (alternative measurement)

The platform benefits from Ethereum's established infrastructure while focusing on specialized task verification and worker reputation building.

Tokenomics

Gems tokenomics structure based on real data:

Total Supply: 8,000,000,000 GEM tokens
Circulating Supply: 1,203,292,895.994173 GEM tokens (CoinMarketCap) / 1 Billion (CoinLore)
Max Supply: 8,000,000,000 GEM tokens
Token Utility: Task staking, verification, trust score building
Distribution: Launched February 2018
Staking Mechanism: Workers stake tokens to prove task validity
Supply Inflation: Significant tokens remain outside circulation

The large difference between circulating and total supply indicates controlled token releases and potential future distribution mechanisms.

Price History

Gems price history with specific data:

Launch: February 2018
All-Time High: $0.056545 (February 20, 2018)
All-Time High Alternative: $0.10731 (over 1 year ago per Nomics)
Current Price: $0.00009118 USD
Price from ATH: 100.00% below all-time high
Time from Peak: 7 years and 5 months
Current Ranking: #6731 by market cap
Market Cap: $89 thousand

This history demonstrates the significant challenges faced by early blockchain utility projects in maintaining market value and adoption over time.

Pros and Cons

Pros

Operating since February 2018 showing project longevity
Recent positive performance with +2.07% daily increase
Listed on established exchanges like Binance, Kucoin, Kraken
Builds reusable trust scores for workers
Anyone can build on the Gems Protocol
Addresses real-world need for task verification
Blockchain-based reputation system on Ethereum
Clear tokenomics with defined supply limits

Cons

Price is 100.00% below all-time high of $0.056545
Very low market cap of only $89 thousand
Extremely low ranking at #6731-#12488 by market cap
Limited trading volume of $8,002.31 daily
Large supply difference (1B circulating vs 8B total)
Significant price decline over 7+ years
Limited adoption compared to traditional platforms
Fragmented market data across sources

FAQs

What is Gems cryptocurrency?

Gems is a protocol for contracting workers to perform micro tasks on blockchain technology, where workers stake tokens to prove validity of their tasks and earn trust scores.

Where can I buy Gems coin?

You can buy Gems on exchanges like Binance and Coinbase, though exchange listings are limited. The token has lower liquidity compared to major cryptocurrencies.

How much is Gems coin worth?

Gems coin prices vary significantly between sources, ranging from $0.000010 to $0.0961 USD as of August 2025, indicating limited liquidity and fragmented trading data.

Is Gems a good investment?

Gems is a specialized utility token with very low market cap and limited trading activity. Only invest money you can afford to lose and research the platform's adoption thoroughly.

What blockchain does Gems use?

Gems operates on its own blockchain, launched in February 2018, specifically designed for micro task verification and worker trust building.