Are you worried about building secure blockchain projects within the DeFi space? Shentu is your guardian angel. This protocol goes beyond traditional security measures to provide a comprehensive toolkit. Shentu offers many features, including a secure blockchain.
Let us explore how Shentu empowers developers and builds trust in the DeFi landscape. Check out the performance, functionality, price prediction, options for purchasing, the process of buying, and credibility.
Let us take a deeper look at Shentu:
What is Shentu (CTK)?
Shentu is a blockchain protocol. It offers security throughout the blockchain project lifecycle, from the development to the post-deployment. The project boasts the best security measures that help it achieve its security goals. It makes the DeFi space safer and more reliable.
| Ticker Name | CTK |
| Market Cap | $125,748,828 |
| 24-hour Trading Volume | $238,117,573 |
| Circulating Supply | 134,511,985 |
| Total Supply | 134,634,264 |
| Chains | Polygon Ecosystem, Cosmos Ecosystem |
How does Shentu (CTK) work?
Shentu functions as a multi-layered security blanket for blockchain projects. At the core of the project lies the Shentu Chain, a dedicated blockchain built with the Cosmos SDK. This blockchain prioritizes security by incorporating robust features and mechanisms from the ground up.
Shentu equips developers with a variety of tools to enhance security throughout the development process. DeepSea programming language is a custom language that enforces secure coding practices, minimizing vulnerabilities in smart contracts built for the Shentu Chain.
The native token of the platform is CTK which plays a crucial role in the operation of the ecosystem. It is required to power the transactions and smart contract execution on the Shentu Chain. Users can stake their CTK tokens, contribute to the security of the network, and earn rewards in return. CTK holders have voting rights on the platform. They can influence the key decisions regarding the protocol upgrades, security, and the project’s direction.
Key Factors of Shentu
Here are some key indicators that make Shentu stand out from the rest:
- Real-time Security Monitoring: Shentu security Oracle acts as a guardian angel for the network. It continuously monitors actively to identify real-time suspicious behavior or security threats.
- Decentralized Reimbursement: Shentu presents a unique approach to handling financial losses. ShentuShield is a community-driven pool funded by the CTK tokens. This offers financial reimbursement to users who suffer losses due to security exploits on Shentu-powered projects. This is a layer of economic safety.
price prediction of Shentu(CTK)
At the time of writing this, CTK is at a trading volume of $240,694,037 for the past 24 hours. This is a surge of 1,208.80 % compared to the previous day. The increase indicates an increase in the recent market activity. The price forecast of the CTK is calculated based on its performance and market trajectory.
Check out the price prediction of CTK until 2030:
| Year | Minimum Price Prediction | Average Price Prediction | Maximum Price Prediction |
| 2024 | $1.96 | $2.45 | $2.94 |
| 2025 | $4.06 | $5.08 | $6.09 |
| 2026 | $8.43 | $10.53 | $12.64 |
| 2027 | $17.48 | $21.85 | $26.22 |
| 2028 | $36.25 | $45.32 | $54.38 |
| 2029 | $75.20 | $94.00 | $112.80 |
| 2030 | $155.99 | $194.99 | $233.99 |
Where can you buy Shentu(CTK)?
You can easily buy and sell CTK in centralized crypto exchanges. The most popular option for trading CTK is Bitrue. It has the most active trading pair CTK/USTD. The exchange boasts a trading volume of $10,163,931 for the past 24 hours. You can also explore other options like TokoCrypto, XT.COM, Binance, Bybit, Zedcex Exchange, and BingX.
How to buy Shentu(CTK)?
Are you excited to grab CTK? We have got you covered. Check out the steps of acquiring the CTK:
Step 1: You need to choose the crypto wallet. This helps you store your cryptocurrency. Choose the one that works in your location, confirm your preferred payment method, and abide by your trading policies.
Step 2: You can now set the wallet. For that, you need to provide personal information and select a strong password. Note down the 12 randomly generated words known as Seed Words or Secret Recovery Phrases.
Step 3: Now you can buy the base currency. This could be used to trade CTK. There are a lot of available base currency options.
Step 4: You can now proceed to transfer your funds to the wallet. You can log in to the exchange platform and provide the wallet address and the amount you wish to transfer.
Step 5: Choose the most suitable decentralized crypto exchange from the options and buy CSK with the base currency. You need to select CSK from the list of available options in the exchange.
Step 6: If you are unable to find Shentu, you can find it in its smart contracts. Double confirm the address of the contract.
Is Shentu(CTK) a credible investment option for you?
Shentu is a game-changer for DeFi security. It functions as a security shield for your DeFi projects, allowing you to innovate confidently. Shentu is a profitable virtual currency with a good potential for returns. As per our analysis, Shentu appears to be a trustworthy option for traders.
Shentu is also subject to the volatile nature of the crypto market. It is mandatory to have deep research about the project before investing.
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