SHENStatistics
- Mkt Cap
- $0 ▼ 4.44%
- Vol 24h
- $9.74K
- FDV
- $141.95B ▼ 4.44%
- Change 7d
- -15.92% ▼ 15.92%
Verification & Trust
Not reviewed
Shen Markets
What is Shen?
## What are Reserve Coins? In simple terms, Reserve Coins are digital tokens that maintain the algorithmic peg of stablecoins. By trading Reserve Coins, users can contribute to the stablecoin mechanism by providing the appropriate liquidity to maintain a sufficient peg ratio. By utilizing a reserve, base fees can be charged, collected, and pooled for transactions facilitated by the underlying stablecoin. Reserve Coin holders then get a share of this transaction pool as an incentive for their participation in maintaining the stablecoin peg ratio.
Market figures are live from our data provider; verification is Certified Crypto Market's own review. Spotted something wrong? Report it.
Shen guides & analysis
Guides on safety, research and how crypto works are in our blog. For headlines, see crypto news.
Coins ranked near Shen
- Bitcoin price#1$82,483.01▲ 0.85%
- Ethereum price#2$2,454.21▲ 0.88%
- Tether price#3$0.9992▼ 0.01%
- BNB price#4$733.39▲ 0.52%
- XRP price#5$1.34▲ 1.09%
- USDC price#6$0.9996▼ 0.01%
- Solana price#7$106.11▲ 1.57%
- TRON price#8$0.3323▼ 0.25%
See every coin in the cryptocurrency rankings.
Shen FAQ
What is the price of Shen (SHEN) today?
Shen is trading at $0.1419, down 4.44% over the last 24 hours. The price on this page updates live from our market data provider.
How much Shen is traded per day?
Shen recorded $9,739.22 in trading volume over the last 24 hours across the markets our data provider tracks.
Is Shen verified on Certified Crypto Market?
Not yet. Shen is listed on Certified Crypto Market but has not completed our verification review.
Verified means specific identity and data checks passed. It does not mean Shen is safe, endorsed or suitable for you. Always do your own research (DYOR).