Shentu

Shentu (CTK)

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

1 CTK = 0.805 $ United States Dollar (USD)
0.8054165 USD

Last updated: 2022-06-01 23:23:00 UTC - about 4 years ago

General information
Global rank:359
Name: Shentu Shentu
Symbol:CTK
Current coin price (USD):0.805 $
Last hour:arrow_upward0.830 %
Last 24 hours:arrow_downward-10.30 %
Last 7 days:1.10 %trending_up
Capitalisation (USD):64 669 702.00 $
Volume 24h (USD):11 244 174.00 $
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/United States Dollar (CTK/USD) price chart

Shentu/United States Dollar (CTK/USD) 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.