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Highlights:
- The CertiK platform started operating with the Sentu Chain name on August 31, 2021
- The CTK coin has a total supply of around 105.63 million
- The coin reached its all-time high of US$3.97 in April 2021
The escalating tension of the Russia-Ukraine crisis has recently affected the global financial market. On February 24, the global crypto market declined by over 9% in the morning, but it rebounded on Friday. The global crypto market was up over 8% to US$1.71 trillion at 4:02 am ET on February 25.
CertiK is one of the cryptos that have managed to stay in the green. So, what do we know about crypto?
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What is CertiK (CTK)?
The mainnet of CertiK (CTK) crypto was launched in November 2020. It was renamed and operates as Shentu Chain since August 31, 2021.
Since its mainnet launch, it has evolved and grown into a popular platform that offers security to crypto assets.
Shentu Chain is a security-focused entrusted proof-of-stake blockchain that facilitates various applications in decentralized finance and NFTs.
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The project offers SentuShield membership, a flexible and decentralized reimbursement solution for the cryptos lost or stolen in any security issue for the users.
The memberships are available for all the community members of the blockchain project, which intends to provide a safety net to the crypto holders if anything unexpected occurs.
DeepSEA, a secure programming language backed by the Ethereum Foundation, IBM, and Qtum Foundation, directly works with the Shetu Virtual Machine (SVM).
SVM reveals the smart contract and blockchain security information while providing innovative ways for accessing or checking the risks in the smart contracts.
CTK is the native utility token of the project. It can be used for the on-chain functionalities like paying for gas consumption, voting for governance decisions within the network, etc.
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Source: *Data provided by CoinMarketCap.com
Pricing and performance of CTK coin:
The CTK coin was priced at US$1.09 at 4:21 am ET on February 25, up 11.17%, while its one-day volume rose 45% to US$21.27 million. It has a total supply of 105.63 million, and its current circulating supply is about 68.46 million.
CTK reached its all-time high of US$3.97 on April 6, 2021.
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What is CertiK (CTK) crypto?
Bottom line:
The coin is available on several major exchanges like Binance, Bybit, Gate.io, etc. However, an investor should consider that crypto is a precarious space, a lot of spam is noticed around this, and thorough due diligence is needed when looking at the same.
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