$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.
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Where is Shadow Token available for purchase?
You can exchange SHDW tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading Shadow Token is Coinbase Exchange, notably the SHDW/USD pair, which saw a trading volume of $ 1,84 MLN. in the past day. Additionally, Orca and Gate are popular alternatives for trading tokens.
What is the highest value Shadow Token (SHDW) has ever reached?
Shadow Token (SHDW) reached its peak price at 2.82 $ on 05 January 2022, approximately 4 years ago ago. Presently, the current price is -96.33% lower than this all-time high.
What is the historical minimum price for Shadow Token (SHDW)?
The minimum price reached for Shadow Token (SHDW) was 0.01275 $, documented on 16 October 2022, more than 3 years ago. In comparison, the current price is 710.36%, it above this historical low.
What is the fully diluted valuation of Shadow Token (SHDW)?
The fully diluted valuation (FDV) of Shadow Token (SHDW) stands at $ 19,85 MLN.. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of 169,057,206.264 SHDW tokens. The realization of this FDV might take several years depending on the emission schedule of SHDW tokens.