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    Shyft Network

    SHFT

    Rank #1584

    $0.008456

    -6.96%
    24H Low$0.007858
    $0.00931324H High
    24H Volume
    $44200.78
    All-Time High(ATH)
    $6.4
    All-Time Low(ATL)
    $0.002703
    Market Cap
    $9.22 M
    Fully Diluted Valuation
    $21.59 M
    Market Cap/FDV
    42.68%
    Circulating Supply
    1.08 B SHFT
    Total Supply
    2.52 B SHFT
    Max Supply
    2.52 B SHFT
    Market Sentiment
    Positive
    * Data from 3rd parties

    Shyft Network (SHFT) Price Trends

    Time period
    Change amount
    % Change
    1H
    $+0.0001928
    +2.28%
    24H
    $-0.0005885
    -6.96%
    7D
    $-0.0009817
    -11.61%
    30D
    $+0.0008913
    +10.54%
    1Y
    $-0.0003002
    -3.55%

    Credibility Indicators

    69.56

    Reliability Score

    Rank #1

    # 2123

    Percentile

    TOP 15%

    Investors

    The Spartan Group

    The Spartan Group

    LD Capital

    LD Capital

    Morningstar Ventures

    Morningstar Ventures

    CoinFund

    CoinFund

    Maven 11 Capital

    Maven 11 Capital

    GSR

    GSR

    DFG Capital

    DFG Capital

    Blockchange Ventures

    Blockchange Ventures

    Live Shyft Network (SHFT) Price Update

    Shyft Network price today is $0.008456 with a 24-hour trading volume of $44200.78, and as such Shyft Network has a market cap of $9.22 M, giving it a market dominance of 0.00080%. The Shyft Network price moved -6.96% in the last 24 hours.

    Shyft Network reached its highest price on 2021-03-28 when it was trading at its all-time high of $6.4, while its lowest price was recorded on 2023-07-11 when it was trading at its all-time low of $0.002703. The current lowest price since the last cycle high was $0.002703, and the highest price since the last cycle low was $6.4. The social sentiment of Shyft Network is currently Positive.

    The current circulating supply of Shyft Network is $1.08 B SHFT. In terms of market cap, Shyft Network is currently ranked 1584.

    About Shyft Network (SHFT)

    Shyft Network is a public blockchain protocol for aggregating, verifying and validating data that is stored in private and public ecosystems, as well as permissioned and permissionless networks. Shyft turns raw data into meaningful information by bridging siloed datasets. Thus, the Shyft Network instills trust in this data, plus creates a reliable level of transactions for the industry and the public sector of the economy. The idea of the project developers is to create an easy-to-use and secure platform for KYC/AML identification and user certification and via blockchain, reduce storage costs and increase efficiency. Shyft encourages clients to work on adding context to data, thereby creating authentic digital structures of reputation, identity and creditworthiness. The Shyft Network creates regulatory-compliant tools for decentralized finance (DeFi), bridging the gap between centralized and decentralized organizations and making it easier for them to enter the blockchain world. Their goal is to aid mainstream financial institutions into DeFi and participate in a compliant manner. This could potentially attract large capital inflows and millions of users from mainstream markets into crypto. Veriscope is Shyfts blockchain-based compliance framework and smart contract solution for virtual asset services providers , such as crypto exchanges, non-custodial wallets and brokerage firms. This is to comply with the Financial Action Task Force Travel Rule. FATF is an intergovernmental organization focused on countering money laundering and terrorism financing.

    FAQs

    1. What determines the price movement of Shyft Network?

    There are two schools of thought in determining the price of Shyft Network.
    By way of intrinsic value: This typically involves on-chain metrics, project metrics and financial metrics of Shyft Network, collectively known as fundamental analysis. The law of supply and demand, tokenomics, use case, project roadmap as well as regulations and governance involved would affect the value of Shyft Network from a long term perspective.
    By way of price action: Primarily analyzed via candlestick chart patterns and technical indicators such as MACD, RSI and the bollinger bands, technical analysis forecasts the price of Shyft Network on the basis that history tends to repeat itself. As the candlestick charts are a general representation of the emotion of the market, news announcements and community sentiment can be significant price action drivers for Shyft Network as well.
    Investors tend to prefer the long term nature of fundamental analysis, whereas short term traders tend to rely on technical analysis more. In reality, both analyses may combine and create interesting scenarios for Shyft Network and the cryptocurrency market as a whole.

    Shyft Network Tokenomics

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    Shyft Network Analysis

    Date
    Market Cap
    Volume
    Open
    Close
    2024-03-19
    $9.17 M
    117290.3 SHFT
    $0.008523
    N/A
    2024-03-18
    $10.01 M
    141310.76 SHFT
    $0.009308
    $0.008523
    2024-03-17
    $9.4 M
    70007.2 SHFT
    $0.008741
    $0.009308
    2024-03-16
    $9.03 M
    294184.28 SHFT
    $0.008396
    $0.008741
    2024-03-15
    $10.26 M
    63263.67 SHFT
    $0.009542
    $0.008396
    2024-03-14
    $10.3 M
    196751.77 SHFT
    $0.009577
    $0.009542
    2024-03-13
    $10.88 M
    93593.6 SHFT
    $0.01011
    $0.009577
    2024-03-12
    $9.78 M
    106271.61 SHFT
    $0.009095
    $0.01011