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Shyft Network logo

Shyft Network SHFT

Shyft Network Price (SHFT)
$0.0082
16.58% Buy SHFT Now

0.00000246 ETH

0.000000137 BTC

Buy SHFT Now
Low: $0.0079
High: $0.0098
24h
Market Cap
$17,926,052
16.58%
Fully Diluted Market Cap
$20,653,895
16.58%
Volume
24h
$45,828
35.15%
Volume / Market Cap
0.0026
Circulating Supply
2,187,173,513 SHFT
86.79%
Max Supply
2,520,000,000
Total Supply
2,520,000,000

Shyft Network (SHFT) Social Signals & Traffic Tracker

X Stats
Visit Twitter

Followers

0.03%

Joined at Sep 12, 2017

Following

4,017

0.10%

Tweet count

6,345

0.13%

Shyft Network reddit
Reddit Stats

Subscribers

-

Subreddit type

-

Moderators

-

Currently, official Shyft Network (SHFT) Reddit Stats account doesn’t exist or wasn’t submitted. 🔆 Submit Now

Shyft Network telegram
Telegram Stats
Visit Telegram

Members

0.85%

Title

Shyft Network (THERE IS NO V3 OR AIRDROP)

Shyft Network traffic
Website Traffic
Visit Website

Website Rating (DR)

53 / 100

1.85%

Ahrefs Rank

550,298

2.07%

Organic Traffic (mo.)

145

6.45%

Shyft Network github
GitHub Organization

Public repos

-

Type

-

Currently, official Shyft Network (SHFT) GitHub Organization account doesn’t exist or wasn’t submitted. 🔆 Submit Now

Shyft Network github
GitHub Public Repository

Stars

-

Watchers

-

Forks

-

Language

-

Currently, official Shyft Network (SHFT) GitHub Public Repository doesn’t exist or wasn’t submitted. 🔆 Submit Now

These are the project's quantitative metrics of its Organizational GitHub Public account that can be used to trace regular or artificial development activity & growth within the project.

These are the project's quantitative metrics of its official GitHub Public Repositories that can be used to trace regular or artificial development activity, growth & popularity of the project.

These are the project's quantitative metrics of its official Telegram account that can be used to trace regular or artificial Social activity & growth within the project.

These are the project's quantitative metrics of its official X account that can be used to trace regular or artificial Social activity & growth within the project.

These are the project's quantitative metrics of its official Reddit account that can be used to trace regular or artificial Social activity & growth within the project.

These are the project website's metrics based on Ahrefs Rank. They're used to trace website activity & growth within the project. DR (Domain Rating) metric is a sign of the project's website reputability that is ranked from 0 to 100 (the higher the rank, the better reputability). Organic Traffic - is a metric of how many monthly users visit the project's website via search engines. All these metrics are used for determining active or passive projects despite the artificial hype.

Followers: 25,468

Members: 4,852


Live SHFT Price Analysis

The current real time Shyft Network price is $0.0082, and its trading volume is $45,828 in the last 24 hours. SHFT price has plummeted by 16.58% in the last day, and increased by 4.03% in the last 7 days. It’s important to note that current Shyft Network market capitalization is $17,926,052, and the maximum supply is 2,520,000,000 SHFT coins. Talking about circulating supply, SHFT has 2,187,173,513 coins. Currently, Shyft Network rank on the market is #686.

Shyft Network price today is 99.87% below all time high, and it is 623.06% above all time low.

All data and prices are updated in real-time. The most active and popular exchanges for buying or selling SHFT are Binance, Kucoin & Kraken. Find more crypto exchange options on our Crypto Exchange Tracker. The most secure hardware wallets for keeping your cryptocurrency safe are Ledger and Trezor.

What is Shyft Network (SHFT)?

The Shyft Network is a blockchain-based platform designed to enable crypto companies to comply with KYC/AML rules. It also offers user certification to ensure data safety. Besides, Shyft Network operates with low cost and high efficiency.

SHFT is the native token for Shyft Network. The token powers the ecosystem ensuring sustainability. You can view SHFT price performance on the above price chart.

Shyft Network combines the elements of both Ethereum and Bitcoin to develop an open-base platform that supports decentralized identity applications. The platform offers tools that make DeFi easy to deal with for regulars while maintaining the DeFi’s open nature.

Talking about things offered by Shyft Network, it uses Veriscope, a blockchain-based compliance framework and smart contract solution for virtual asset services providers (VASPs). As such, it complies with the Financial Action Task Force (FATF) Travel Rule. FATF is an intergovernmental organization created to fight money laundering and terrorism financing.

Another product is Shyft block explorer, which offers tools for launching block explorers. The tools eliminate a potential point of failure. The product also enables the viewing of individual transactions, which are part of internal transactions.

Besides, there is Shyft Safe, which is the network’s accounting software built on smart contracts for managing and protecting assets. The software ensures a secure asset is cross-validated. The procedure takes place across multiple blockchains, eliminating data invalidation issues.

The three key use cases of the Shyft network are:

  • Facilitating compliance with FATF Travel Rule through Veriscope smart contracts.
  • Helping DeFi and large liquidity providers with regulatory compatibility.
  • Offering KYC process for government digital identity systems in areas such as healthcare, financial institutions, telecoms, and government agencies.

Use Cases of SHFT Tokens

SHFT coin follows the ERC-20 token standard. The following are the main use cases of the Shyft Network tokens:

  • SHFT tokens are used as a payment method within the platform. This includes covering Shyft fees such as data verification, storage services, and smart contract fees, as well as making any other payments.
  • SHFT tokens are used for identification and data transmission.
  • Shyft tokens also act as governance tokens, giving holders the power to define the future of the Shyft Network.

If you plan to buy Shyft coins, keep in mind that the SHFT price could get quite volatile. Thus, ensure you do a good price analysis to avoid losing funds. Use the Shyft price chart above for doing that.

Who are the Founders of Shyft Network?

Shyft Network was founded in 2017 by Joseph Weinberg and Juan Aja Aguinaco. Other leading team members are Fredrico Nassire (CSO), Chris Forrester (CTO), and Kristofer Coward (Chief Scientist).

Tokenomics of SHFT

Shyft Network crypto assets have a maximum supply of 2,520,000,000. The fixed supply protects the Shyft price from falling due to inflation that could result from the excessive minting of coins.

Shyft Network token distribution is as  follows:

  • Ecosystem development – 23.81%
  • Public distribution – 0.91%
  • Economic metagame – 20%
  • Advisors – 5.68%
  • Technical Partnerships – 5.48%
  • Purchasers – 26.26%
  • Core team – 17.86%

What's Shyft Network trading volume in the last 24 hours?

SHFT has a trading volume of $45,828 in the last 24 hours.

What's Shyft Network highest price ever?

SHFT has a highest price of $6.40, which was reached on Mar 28, 2021 (3 years 2 months ago).

What's Shyft Network lowest price ever?

SHFT has a lowest price of $0.0011, which was reached on Dec 11, 2022 (1 year 6 months ago).

What are the best exchanges for buying and selling SHFT?

Currently, the most active and dominating exchanges for buying and selling Shyft Network are Binance, Kraken & Kucoin. The most popular Shyft Network trading pairs are SHFT/USDT (on Gate.io ), SHFT/WETH (on Uniswap (V2) ), SHFT/ETH (on Gate.io ). Head to the Crypto Deal Directory to access custom & exclusive discounts, vouchers and welcome bonuses from the most popular exchanges.

What are the safest hardware wallets for keeping SHFT?

According to an in-depth review process and testing, Ledger and Trezor are one of the safest and most popular hardware wallet options for keeping Shyft Network. For exclusive discounts and promotions on best crypto wallets, visit Crypto Deal Directory.

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Current market Price of a specific cryptocurrency.

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The cryptocurrency's market Price changes in percent within the last 24 hours (1 day).

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The highest historical cryptocurrency value.

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The lowest historical cryptocurrency value.

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Market Capitalization is the overall value of all coins/tokens that have been mined or issued until now and are in circulation (not locked). It's similar to the stock markets' Free-Float Capitalization.

Market Capitalization = Circulating Supply x Current Price.

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Market Capitalization is the overall value of all coins/tokens that have been mined or issued until now and are in circulation (not locked). It's similar to the stock markets' Free-Float Capitalization.

Market Capitalization = Circulating Supply x Current Price.

Learn this metric

FDMC is the Market Cap if the Maximum Supply of a coin/token was entirely in circulation.

FDMC = Max Supply x Current Price.

Note: if Maximum Supply is not available or limitless, Total Supply is used to calculate the value. FDMC will be undefined and marked as "--" if no form of Supply is available.

Learn this metric

FDMC is the Market Cap if the Maximum Supply of a coin/token was entirely in circulation.

FDMC = Max Supply x Current Price.

Note: if Maximum Supply is not available or limitless, Total Supply is used to calculate the value. FDMC will be undefined and marked as "--" if no form of Supply is available.

Learn this metric

It is a quantitative metric calculating how many individual units of specific cryptocurrency coins/tokens were traded (bought & sold) within the last 24 hours. It's a direct cryptocurrency's supply & demand indicator, and is purely related to its market price.

Learn this metric

It is a quantitative metric calculating how many individual units of specific cryptocurrency coins/tokens were traded (bought & sold) within the last 24 hours. It's a direct cryptocurrency's supply & demand indicator, and is purely related to its market price.

Learn this metric

The current cryptocurrency Market Capitalization Dominance among all other cryptocurrencies in the market.

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The ratio of Volume and Market Capitalization values.

The ratio of Volume and Market Capitalization values.

Publicly circulating amount of specific cryptocurrency coins/tokens that were mined or issued to date, and are not locked/staked (are available to be traded publicly).

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Verified Data

Shyft Network project's Circulating Supply has been verified and is equal to:

Circulating Supply

2,187,173,513 SHFT

The absolute theoretical maximum number of coins/tokens that is coded and will ever exist in the cryptocurrency's lifetime. Similar to stock market's Fully Diluted Shares.

Note: Max Supply will be undefined and marked as "--" if project owners did not verify / provide any data.

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The quantity of all coins/tokens that have ever been issued (even if the coins are locked), minus all coins/tokens that have been removed from circulation (burned). The Total Supply is similar to stock market's Outstanding Shares.

Total Supply = All Issued Coins - Burned Coins.

Note: Total Supply will be undefined and marked as "--" if project owners did not verify / provide any data.

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