Shentu

Shentu (CTK)

Full information about Shentu (CTK). Current Shentu price in AMD, CTK open/close rates, Shentu history charts, Shentu market capitalization and volume.

1 CTK = 306.49 AMD Armenian Dram (AMD)
0.8054165 AMD

Last updated: 2022-06-01 23:23:00 UTC - about 4 years ago 1 USD = 380.541304 AMD

General information
Global rank:359
Name: Shentu Shentu
Symbol:CTK
Current coin price (AMD):306.49 AMD
Last hour:arrow_upward0.830 %
Last 24 hours:arrow_downward-10.30 %
Last 7 days:1.10 %trending_up
Capitalisation (AMD):24 609 492 728.37 AMD
Volume 24h (AMD):4 278 872 636.36 AMD
Available supply:80 293 492.00 CTK
Total coin supply:-1 CTK
Start date:2020-10-24
Last updated: 2022-06-01 23:23:00 UTC - about 4 years ago

Shentu/Armenian Dram (CTK/AMD) price chart

Shentu/Armenian Dram (CTK/AMD) capitalisation and volume charts

What is it?

Shentu (CTK): Shentu (CTK) is a native utility token within the Shentu ecosystem. Designed primarily as an intrinsic value bearer, CTK often plays an integral role in the governance, security, and other operational facets of the platform.

The Shentu Platform: Originating as a blockchain platform, Shentu's primary objective is to foster decentralized applications (dApps) and smart contract development. Built on a scalable and secure framework, it encourages developers and businesses to innovate in a decentralized environment. The platform aims to strike a balance between transaction speed, security, and decentralization.

What is it used for?

CTK, as the native token, serves multiple purposes within the Shentu ecosystem. Its primary uses include:

  • Transaction Fees: Used to compensate network participants for processing transactions and smart contracts.
  • Governance: Token holders might participate in decision-making processes, suggesting or voting on potential platform upgrades or changes.
  • Staking: By staking CTK, users can potentially earn rewards while simultaneously bolstering the network's security.