Convert Shen SHEN to Euro EUR
SHEN to EUR: 1 Shen converts to €0.61 EUR as of June 14 at 8:52 AM
Shen (SHEN) is not tradable on Coinbase.
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About Shen
Shen is falling this week. The current price of Shen is €0.61 per SHEN. With a circulating supply of 0 SHEN, it means that Shen has a total market cap of €0.00. The amount of Shen traded has risen by €336.49 in the last 24 hours, which is a 204.22% increase. Additionally, in the last day, €164.77 worth of SHEN has been traded.
The exchange rate of Shen is decreasing. The current value of 1 SHEN is €0.61 EUR. In other words, to buy 5 Shen, it would cost you €3.03 EUR. Inversely, €1.00 EUR would allow you to trade for 1.65 SHEN while €50.00 EUR would convert to 82.60 SHEN, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 3.46%. Meanwhile, in the last 24 hours, the rate has changed by 0.24%, and that the highest exchange rate of 1 SHEN to EUR was €0.61 EUR and the lowest 24 hour value was 1 SHEN for €0.60 EUR. Last month, 1 SHEN was worth €0.82 EUR. Today, it's down 24.51%. Looking back a year, Shen has changed by €0.42 EUR. That means that in a single year, the value of Shen has grown by 54.99%.
Shen Market Stats
## 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. Before the launch of Djed, we will be implementing a Reserve Coin that will serve this function of maintaining Djed’s peg and liquidity stability. We have provided some details on this below. ## What is Shen (SHEN)? Continuing with the ancient Egyptian theme, we picked Shen as the name for Djed’s Reserve Coin. The Shen is a symbol of both royalty and symmetry. It has a deep connection with infinity, eternity, protection, and completeness given its circularity. During our brainstorming sessions, we found this name to convey the characteristics and properties of Djed’s Reserve Coin appropriately. By buying and selling Shen, users are able to maintain Djed’s USD currency peg while earning a share of transaction fees in the reserve pool. Since the Reserve Coin is a tradable asset, holders can also profit from the short-mid term price fluctuations as an added incentive. We look forward to providing more information as we approach the official launch.
Conversion tables
SHEN to EUR values from Today at 8:52 am
0.5 SHEN = €0.30 EUR |
1 SHEN = €0.61 EUR |
5 SHEN = €3.03 EUR |
10 SHEN = €6.05 EUR |
50 SHEN = €30.27 EUR |
100 SHEN = €60.53 EUR |
500 SHEN = €302.65 EUR |
1,000 SHEN = €605.30 EUR |
EUR to SHEN values from Today at 8:52 am
0.5 EUR = 0.83 SHEN |
1 EUR = 1.65 SHEN |
5 EUR = 8.26 SHEN |
10 EUR = 16.52 SHEN |
50 EUR = 82.60 SHEN |
100 EUR = 165.21 SHEN |
500 EUR = 826.04 SHEN |
1,000 EUR = 1,652.07 SHEN |
SHEN to EUR over time
SHEN | Today | 24H | 1M | 1Y |
---|---|---|---|---|
0.5 SHEN | €0.30 EUR | €0.30 EUR | €0.41 EUR | €0.21 EUR |
1 SHEN | €0.61 EUR | €0.61 EUR | €0.82 EUR | €0.42 EUR |
5 SHEN | €3.03 EUR | €3.04 EUR | €4.11 EUR | €2.11 EUR |
10 SHEN |