Shyft Network

SHFT Price

What is Shyft Network about?

Shyft Network is a public blockchain protocol designed to aggregate and embed trust and validation into data stored on public and private ecosystems, and permissioned and permissionless networks. By facilitating bridging across siloed datasets, Shyft allows for layering of context on top of data, ultimately turning raw data into meaningful information.

What makes Shyft Network unique?

Shyft Network is developing regulatory-compliant tools for Decentralized Finance that bridge the gap for centralized and decentralized organizations to ease their entry into the blockchain space. The goal is to aid mainstream financial institutions venture into DeFi and participate in a compliant manner. By lowering risk and exposure to money laundering, the Shyft Network could open up the crypto industry to large capital inflows and, potentially, millions of users from the mainstream markets.

What's the history of Shyft Network?

Founded in 2017 in Bridgetown Barbados, Shyft Network was built by a group of founders that have collectively launched several successful companies in the ecosystem since as early as 2012. The Shyft Network core team is responsible for technical development of the network architecture, establishment of use cases for the network and for the SHFT token, and guiding the vision for network growth and development.

What can Shyft Network be used for?

Shyft Network has been developing identity solutions that help centralized and decentralized applications become compliant with existing regulations. They have partnered with various entities, notably virtual asset services providers (VASPs) who must comply with the FATF Travel Rule. Veriscope, Shyft Network’s proactive approach to regulatory compliance, has been applauded for its ability to bring together prominent liquidity providers and accelerate the potential mass adoption of decentralized applications.

Where can you buy Shyft Network?

SHFT tokens can be traded on centralized crypto exchanges and decentralized exchanges. The most popular exchange to buy and trade Shyft Network is Gate, where the most active trading pair SHFT/USDT has a trading volume of $171.48 in the last 24 hours.

What is the daily trading volume of Shyft Network (SHFT)?

The trading volume of Shyft Network (SHFT) is $232.23 in the last 24 hours, representing a 0.00% increase from one day ago and signalling a recent rise in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Shyft Network (SHFT)?

Shyft Network (SHFT) reached an all-time high of $6.34 and an all-time low of $0.0002186. It’s now trading -100.00% below that peak and 8.00% above its lowest price.

What is the market cap of Shyft Network (SHFT)?

Market capitalization of Shyft Network (SHFT) is $551,174 and is ranked #3657 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of SHFT tokens (2.3 Billion tokens are tradable on the market today).

What is the fully diluted valuation of Shyft Network (SHFT)?

The fully diluted valuation (FDV) of Shyft Network (SHFT) is $594,827. This is a statistical representation of the maximum market cap, assuming the maximum number of 2.5 Billion SHFT tokens are in circulation today. Depending on how the emission schedule of SHFT tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of Shyft Network compare against its peers?

With a price decline of -0.20% in the last 7 days, Shyft Network (SHFT) is underperforming the global cryptocurrency market which is down -0.10%, while underperforming when compared to similar Ethereum Ecosystem cryptocurrencies which are up 0.00%.

How to add Shyft Network (SHFT) to MetaMask?

Adding Shyft Network (SHFT) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import SHFT as a token. You can copy SHFT’s contract address (0xb17c88bda07d28b3838e0c1de6a30eafbcf52d85) and import it manually, or if you've installed MetaMask's chrome extension, add SHFT to MetaMask with one click on CoinGecko.

Add SHFT to MetaMask.