Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn

What is Shentu (CTK)?

Shentu basic info

Name:Shentu
Ticker:
Introduction:

What Is Shentu?

Shentu is a blockchain platform, designed to serve as a foundation for secure blockchain infrastructure and decentralized applications. Developed using the Cosmos SDK, it operates on a Delegated Proof-of-Stake (DPoS) consensus mechanism. This platform is a security-focused ecosystem, aiming to enhance the safety and integrity of various blockchain products, from their development phase to post-deployment.

The core of Shentu's appeal lies in its unique features that prioritize security. These include the Security Oracle, ShentuShield Reimbursement Pool, and the DeepSEA programming language. The Security Oracle functions as a guardian for on-chain transactions, protecting crypto projects from malicious attacks through real-time security checks. ShentuShield extends this protection, offering decentralized reimbursements for lost, stolen, or inaccessible crypto assets due to security issues. DeepSEA, a secure programming language, further fortifies the platform, ensuring that the applications built on Shentu are robust against vulnerabilities.

Resources

Whitepaper: https://www.shentu.technology/whitepaper

Official Website: https://www.shentu.technology/

How Does Shentu Work?

Shentu's operation hinges on several key components to ensure a secure blockchain environment. The Security Oracle stands out as a pivotal feature, conducting real-time security checks to safeguard on-chain transactions. This decentralized network of operators is instrumental in defending crypto projects from external threats. Additionally, ShentuShield plays a crucial role by providing flexible, decentralized reimbursements for crypto assets compromised due to security breaches. This system leverages the Security Oracle scores and Shentu's governance mechanism, allowing community members to provide collateral, receive rewards, and participate in claim decision-making.

Another significant aspect of Shentu's functionality is the Shentu Virtual Machine (CVM), fully compatible with the Ethereum Virtual Machine (EVM). This compatibility allows for seamless integration and utilization of smart contract and blockchain security information. For instance, a lending contract on Shentu can assess the security credentials of a DAO contract before initiating a transaction. This level of security-conscious interaction between contracts is a game-changer in the blockchain space.

What Is CTK Token?

CTK is the native utility token of the Shentu platform, playing a vital role in its ecosystem. It serves multiple purposes: it's used for gas consumption in smart contract operations, staking for network consensus, rewards within the Security Oracle network, collateral and reimbursements in ShentuShield, and community voting in decentralized network governance.

What Determines Shentu’s Price?

The price of Shentu's native token, CTK, like any cryptocurrency, is influenced by a complex interplay of factors, deeply rooted in the principles of supply and demand within the blockchain and cryptocurrency markets. One of the primary drivers is the utility and functionality of the Shentu platform itself. As a security-focused blockchain, Shentu offers unique features such as the Security Oracle, ShentuShield, and the DeepSEA programming language. These features not only enhance the platform's appeal but also increase the intrinsic value of the CTK token. When the platform demonstrates its effectiveness in providing robust security solutions for decentralized applications, it naturally attracts more users and developers, thereby increasing the demand for CTK tokens.

Market sentiment and investor perception play a significant role in determining the price of CTK. Positive news, such as successful security audits, partnerships with major blockchain projects, or technological advancements within the Shentu ecosystem, can boost investor confidence. This confidence often translates into increased buying activity, driving up the price. Conversely, negative news or market downturns can lead to reduced confidence and lower prices. Additionally, the broader cryptocurrency market trends often influence Shentu's price. Bullish trends in leading cryptocurrencies like Bitcoin and Ethereum can have a ripple effect, positively impacting tokens like CTK.

Show more
Current price:
All-time high:$3.97
All-time low:$0.00

CTK supply and tokenomics

Circulating supply:141,171,940 CTK
Total supply:141,171,943 CTK
Max supply:0 CTK
Market cap:$103.63M
Fully diluted market cap:$103.63M

Links

Buy Shentu for $1Buy CTK now

What is the development prospect and future value of CTK?

The market value of CTK currently stands at $103.63M, and its market ranking is #434. The value of CTK is not widely recognized by the market. When the bull market comes, the market value of CTK may have great growth potential.

As a new type of currency with innovative technology and unique use cases, CTK has broad market potential and significant room for development. The distinctiveness and appeal of CTK may attract the interest of specific groups, thereby driving up its market value.

What will the price of CTK be in 2025?
Based on CTK's historical price performance prediction model, the price of CTK is projected to reach $1.13 in 2025.
What will the price of CTK be in 2030?
In 2030, the CTK price is expected to change by -7.00%. By the end of 2030, the CTK price is projected to reach $2.03, with a cumulative ROI of +175.95%.
Reminder: Just like all cryptocurrency investments, investors must closely monitor the market performance of CTK and be aware of the associated risks. The world of cryptocurrencies is full of uncertainties, so thorough research and preparation are essential.

Is CTK worth investing or holding? How to buy CTK from a crypto exchange?

If you want to buy CTK, the following information may be helpful for your investment decisions:
In the last 7 days, the price of CTK has fallen by -17.80%, leading to negative returns for most CTK investors. The market is currently pessimistic about the price trend of CTK.
It is important to note that the current price of CTK has retreated by -81.53% from its all-time high. This coin is currently considered high-risk, and while its price may rebound in the future, there is significant uncertainty.
Additionally, it's important to understand that each coin has its own optimal times for buying and selling. The optimal time to invest is dynamic: when a coin is undervalued, it's wise to adopt a buying strategy; when it becomes overvalued, you should decisively sell the coin.
To decide whether CTK is worth investing in, you need to consider various market factors such as the overall trend of the cryptocurrency market, the project's fundamentals, its current market valuation, and whether the current price is suitable for buying. If the project's fundamentals suddenly change or the price becomes excessively high, you should adjust your investment strategy and trading operations accordingly.
Your investment decisions should be based on your own risk tolerance, financial status, market analysis and research, especially the timing of your investments. Correct timing can ensure more reliable returns. Keep in mind that investing in CTK or any cryptocurrency comes with certain risks and uncertainties.
Regardless of your outlook on the development prospects and future trends of CTK, if you want to buy or sell CTK, you can consider Bitget for your trading needs. The best place to buy CTK is an exchange that offers hassle-free and secure transactions, combined with a user-friendly interface and high liquidity. Every day, millions of users choose Bitget as their trusted platform for crypto purchases.
Investing in Shentu has never been easier. Simply sign up on Bitget, complete the identity verification process, and make payments using bank transfers, debit cards, or credit cards, all while ensuring security through crypto wallets. This is a widely adopted method to buy Shentu. Here's a step-by-step guide on how to buy Shentu on Bitget.

How to get Shentu through other methods?

Using cash to buy Shentu is not the only way to obtain Shentu. If you have the time to spare, you can get Shentu for free.
Learn how to earn Shentu for free through the Learn2Earn promotion.
Earn free Shentu by inviting friends to join Bitget's Assist2Earn promotion.
Receive free Shentu airdrops by joining ongoing challenges and promotions.
All crypto airdrops and rewards can be converted to Shentu through Bitget Convert, Bitget Swap, or spot trading.

What is Shentu used for and how to use Shentu?

The use case of Shentu may expand as the crypto market and the project itself develop. Currently, you can use CTK to achieve the following goals:
Arbitrage by trading CTK: Since CTK is a frequently traded cryptocurrency, the price of CTK is always fluctuating. Earn more CTK by buying low and selling high on the exchange. Bitget spot market provides a variety of CTK trading pairs to fully meet your needs.
Earn by staking CTK: You can also generate income through financial management methods such as staking CTK or lending CTK. Bitget Earn offers a variety of financial products designed to help you earn more income from your CTK.
Send or pay CTK: If you want to give CTK to your friends, a charity, or a fundraiser, or you want to pay someone with CTK, you can quickly and easily send CTK to the recipient through their payment address.
You can also go to the official website of the Shentu project to learn more about the use cases of CTK. For example, find out if the project supports the use of within its community or ecology, or if the project allows you to purchase physical or virtual products in .

Learn about other cryptos

New listings on Bitget

New listings

Recently added coin prices

More
A selection of recently added coins

Trending coin prices

More
Assets with the biggest change in unique page views on Bitget.com over the past 24 hours

Where can I buy Shentu (CTK)?

Buy crypto on the Bitget app
Sign up within minutes to purchase crypto via credit card or bank transfer.
Download Bitget APP on Google PlayDownload Bitget APP on AppStore
Trade on Bitget
Deposit your cryptocurrencies to Bitget and enjoy high liquidity and low trading fees.