Shyft Network Price Today (Official) | Live SHFT Price Chart in USD | CryptoRank.io
Currencies
13248
Market Cap
$ 2.17T
-0.42%
24h Spot Volume
$ 36.01B
+10.6%
BTC Dominance
37.17%
-0.38%
ETH Gas
80 Gwei

Shyft Network [SHFT]

 
On 26 watchlists
Rank: 713
Token:
Ethereum
USD 0.641
1.74
BTC 0.000015
2.59
ETH 0.000196
3.15

Shyft is the credential verification network with proof-of-sender protocol.

Contract updated from 0xcba3eae7f55d0f423af43cc85e67ab0fbf87b61c to 0xb17c88bda07d28b3838e0c1de6a30eafbcf52d85.

More details:
https://shyftnetwork.medium.com/shyft-network-v-2-ethereum-contract-upgrade-38f09b59bc1e

Shyft Network Market Cap

$ 35,728,276 
Ƀ 837
FDMC: $ 207,174,286 
ATH: $ 360,442,054 

24h Trade Volume

$ 159,751 
Ƀ 3.74
SHFT 249,050

Supply

Circulating:
SHFT 55,700,000(17.25%)
Total:
SHFT 322,982,495

All-Time-High (ATH) Price

$ 6.47 (28 Mar 2021)
Ƀ 0.000115 (28 Mar 2021)
ETH 0.00377 (28 Mar 2021)
From ATH: -90.1%
To ATH: +908.8%

Shyft Network's current price is $ 0.641, it has increased +1.74% over the past 24 hours.

Shyft Network's All Time High (ATH) of $ 6.47 was reached on 28 Mar 2021, and is currently -90.1% down.

The maximum supply of Shyft Network that will ever be issued is 322.98 Millions tokens, and the current supply of SHFT in circulation is 55.70 Millions tokens.

Shyft Network’s 24 hour trading volume is $ 159.75 Thousands.

Shyft Network's current share of the entire cryptocurrency market is 0.00%, with a market capitalization of $ 35.73 Millions.

Shyft Network Live Chart

Shyft Network price Index provides the latest SHFT price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.

The Shyft Network to USD chart is designed for users to instantly see the changes that occur on the market and predicts what will come next.

SHFT to USD Converter

SHFT

Shyft Network Quarterly Returns ($)

YearQ1Q2Q3Q4
2022+50.2%
2021+31.7%-84.1%+27.1%-47.3%

Shyft Network Closing Price (USD) - Quarterly

YearQ1Q2Q3Q4
2022
2021$ 4.02$ 0.638$ 0.810$ 0.427

Shyft Network Monthly Returns ($)

YearJanFebMarAprMayJuneJulyAugSeptOctNovDec
2022+50.2%
2021+31.7%-52.8%-47.8%-35.7%+3.22%+50.2%-17.3%-3.14%-8.12%-40.8%
Average
Median

Shyft Network USD (SHFT - USD) Price Change

PeriodChangeChange (%)HighLow
24H$ 0.011+1.74%$ 0.644$ 0.630
7D$ 0.165+34.7%$ 0.644$ 0.460
14D$ 0.0293+4.78%$ 0.644$ 0.460
1M$ 0.257+67.1%$ 0.644$ 0.353
3M-$ 0.194-23.2%$ 0.870$ 0.353
6M$ 0.0496+8.37%$ 1.69$ 0.353
YTD$ 0.220+52.3%$ 0.644$ 0.421

Shyft Network Annual Price

YearUSDHighLow
2022+50.2%$ 0.644$ 0.426
2021-86%$ 6.39$ 0.353

What is Shyft Network

SHFT is a currency for identity and data transmission, as well as a governance mechanism for coordination across ecosystems that enables entity-to-entity governance, compliant asset creation, and a system for compliant defi and other applications. Enabling a new side of the existing ecosystem can expand the size of market participants and increase the size of asset participation across all decentralized projects, protocols, and marketplaces.

The purpose of SHFT is to fuel smart contract automation designed to enable holders of SHFT to interact with and exchange information with application providers and trust anchors within a number of industries, including financial services, and improve compliance procedures for applications and trust anchors by involving them to attest to the identity and potentially the risk profile of network participants.

Ecosystem Development

Next-Gen DEFI (Project Adaptability)

  • To allow for the Shyft Network project to encompass and adapt to updates in the ecosystem as a whole, an allocation has been provided to allow for the engineering/production of services and utilities for this purpose, beginning on month 39 in daily distributions over a 12-month period.

Synthetic Asset Wrap Reward (Ecosystem)

  • Gives individuals a reward for holding other erc20-based assets on Ethereum within the Shyft Network smart contracts (e.g. Shyft-wrapped USDT), distributed in equal instalments over 10 years. Incentivizes participation in the total Shyft Network smart-contract stack e.g. allows for easy use of Trust Channels when regulations require/incentivize participation.

VASP Ecosystem Initializer

  • For the purposes of establishing our VASP/travel rule-related products that interact/support the Shyft Network compliance-related software stack, a small allocation has been provided on months 2–4 to incentivize the business-related relationships that will bootstrap this process.

Shyft Treasury

  • The Shyft Network will maintain a treasury composed of unallocated SHFT assets from advisors, partnerships, purchasers, et al. A portion of these assets may be distributed by way of decentralized consensus through community DAO-structures.
  • Our intention is to maintain these assets in the treasury until they can be allocated for their proper purposes, based on multi-year deployment schedules.

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