TL;DR
- Idea: Firo is a leading privacy-focused cryptocurrency employing zero-knowledge proofs (Zerocoin, Sigma, Lelantus, Lelantus Spark) to achieve on-chain transaction anonymity.
- Catalyst: Recent surge in trending searches on CoinGecko driven by anticipation of Spark Assets cross-chain integration and hard fork catalysts.
- Risks: Regulatory scrutiny on privacy coins; limited DeFi integration limiting TVL; network reliant on PoW security with ASIC resistance; moderate liquidity.
- Score: 6.00/ 10
Coin
- Name/ Ticker: Firo (FIRO)
- Segment: Privacy Coin
- Status: Active
- Price: $2.400000
Key Metrics
- Market Cap: $43 266 686
- FDV: $43 266 686
- Circulating Supply: 18 001 719
- Total Supply: 18 001 719
- Inflation: 31.11%
Sources
Technology
- USP: First to deploy zero-knowledge proofs on mainnet with Lelantus Spark enabling full anonymity of sender, receiver, and amount
- Core Technology: Lelantus privacy protocol suite built on Zerocoin and Sigma foundations, secured via FiroPoW and LLMQ ChainLocks
Roadmap
- 2025-03-19: Updated Roadmap 2025 published
- 2025-03-19: Spark Names launch
- 2025-03-19: Spark Coinbase integration
Team & Investors
Team
- Co-Founder — Poramin Insom: Master’s in Information Security from Johns Hopkins; original Zerocoin implementer
- Co-Founder — Reuben Yap: 10+ years legal and privacy research; ex-law firm partner; media contributor
- Chief Privacy Architect — Aram Jivanyan: Creator of Lelantus and Lelantus Spark protocols
- Lead Developer — Peter Shugalev: 20+ years software architecture; designed custom languages and intrusion detection compilers
- Developer — Levon Petrosyan: MSc in Computing Sciences & Economics; cryptography and C++ expert
Total funding: $0.00M
Tokenomics
- Utility: Privacy transactions, Spark Assets issuance, masternode staking and governance
- Vesting: None
- Next Unlock: (0.00% of circulating)
Pros & Cons
Strengths
- Strong privacy technology with modular Lelantus Spark
- Low market cap under $50M with room for growth
- Active community governance and on-chain proposals
- Masternode network securing PoW consensus
- First-mover in privacy upgrades influencing other projects
Weaknesses
- High regulatory risk for privacy coins
- Limited DeFi TVL and application integrations
- Dependence on PoW mining with environmental concerns
- Relatively low daily trading volume
- No major venture backers limiting capital runway
Market Signals (7d)
- CEX volume trend: flat
Price Scenarios (target: 2026-06-05)
- Bear: $1.920000 — Projected at 80% of current price assuming market downturn
- Base: $2.400000 — Assumes price remains constant at current level
- Bull: $4.800000 — 200% of current price based on historical trending momentum
How to Buy & Store
CEX
- Binance
- KuCoin
- Gate.io
- MEXC
- Huobi
DEX
- FiroDEX
- Serai
- Uniswap (wrapped FIRO)
- SushiSwap (wrapped FIRO)
- PancakeSwap (wrapped FIRO)
Storage
- Ledger Nano S/X
- Trezor Model T
- Trust Wallet
- Campfire mobile wallet
- Electrum-Firo
Verdict
Firo’s advanced privacy protocols and low market capitalization offer compelling upside, but regulatory risks and limited DeFi integration temper the thesis. Recommended as a speculative privacy play.
Official Links
Source: Coin Research (internal)
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