Shadow Token Price

Shadow Token (SHDW) price has increased today.

The price of Shadow Token (SHDW) is $0.115204 today with a 24-hour trading volume of $17,895.23. This represents a 2.00% price increase in the last 24 hours and a -3.00% price decline in the past 7 days. With a circulating supply of 150 Million SHDW, Shadow Token is valued at a market cap of $16,839,065.

$SHDW is the utility token that powers the Shadow dePIN ecosystem providing decentralized storage, compute, and network orchestration to its users. Users utilize $SHDW to pay for decentralized data storage, compute, and other utilities. Compute, storage, and bandwidth are brought to the Shadow network by Shadow Operators who stake SHDW to secure their nodes and earn revenue based on their contributions to the network.

Powering the Shadow ecosystem is DAGGER: a scalable and bandwidth-efficient L1/L2 hybrid powered by a custom consensus mechanism designed to orchestrate distributed systems, manage large amounts of data stored across decentralized networks, and more. 

DAGGER networks can be deployed as public permissionless Layer2 networks across any Layer1 protocol or be deployed as privately Layer1 protocols for private use. DAGGER's implicit voting design reduces communication overhead, resulting in faster data retrieval and cost reduction for users compared to other decentralized systems.

Experience the future of decentralized data storage with Shadow Drive, the cornerstone product of the Shadow Ecosystem. Designed to seamlessly integrate with applications and systems on the Solana blockchain and beyond, Shadow Drive prioritizes data security and integrity through its hierarchical model. With robust auditing and repair procedures, it ensures system resilience, making it the ideal choice for Web3 builders creating hosting services, CDNs, social media apps, and more.

Join us in the Shadows!

Where can you buy Shadow Token?

SHDW tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade Shadow Token is Orca, where the most active trading pair SHDW/USDC has a trading volume of $370.47 in the last 24 hours. Other popular options include Raydium and Jupiter.

What is the daily trading volume of Shadow Token (SHDW)?

The trading volume of Shadow Token (SHDW) is $17,895.23 in the last 24 hours, representing a 20.80% increase from one day ago and signalling a recent rise in market activity.

What is the all-time high for Shadow Token (SHDW)?

The highest price paid for Shadow Token (SHDW) is $2.82, which was recorded on Jan 05, 2022 (over 1 year). Comparatively, the current price is -95.90% lower than the all-time high price.

What is the all-time low for Shadow Token (SHDW)?

The lowest price paid for Shadow Token (SHDW) is $0.012758714203, which was recorded on Oct 16, 2022 (9 months). Comparatively, the current price is 801.40% higher than the all-time low price.

What is the market cap of Shadow Token (SHDW)?

Market capitalization of Shadow Token (SHDW) is $16,839,065 and is ranked #735 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of SHDW tokens (150 Million tokens are tradable on the market today).

What is the fully diluted valuation of Shadow Token (SHDW)?

The fully diluted valuation (FDV) of Shadow Token (SHDW) is $19,437,329. This is a statistical representation of the maximum market cap, assuming the maximum number of 170 Million SHDW tokens are in circulation today. Depending on how the emission schedule of SHDW tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of Shadow Token compare against its peers?

With a price decline of -3.00% in the last 7 days, Shadow Token (SHDW) is underperforming the global cryptocurrency market which is down -1.00%, while underperforming when compared to similar Solana Ecosystem cryptocurrencies which are up 16.20%.

What is the market sentiment of Shadow Token today?

The community is bearish as more than 50% of users are feeling bad about Shadow Token (SHDW) today.