Convert Shen SHEN to South Korean Won KRW
SHEN to KRW: 1 Shen converts to ₩895.54 KRW as of June 18 at 1:24 PM
Shen (SHEN) is not tradable on Coinbase.
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About Shen
Shen is falling this week. The current price of Shen is ₩895.54 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 fallen by -₩702,549 in the last 24 hours, which is a 96.21% decrease. Additionally, in the last day, ₩730,260 worth of SHEN has been traded.
The exchange rate of Shen is decreasing. The current value of 1 SHEN is ₩895.54 KRW. In other words, to buy 5 Shen, it would cost you ₩4,477.70 KRW. Inversely, ₩1 KRW would allow you to trade for 0.0011 SHEN while ₩50 KRW would convert to 0.0558 SHEN, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 18.32%. Meanwhile, in the last 24 hours, the rate has changed by 2.74%, and that the highest exchange rate of 1 SHEN to KRW was ₩919.79 KRW and the lowest 24 hour value was 1 SHEN for ₩895.23 KRW. Last month, 1 SHEN was worth ₩1,178.90 KRW. Today, it's down 22.7%. Looking back a year, Shen has changed by ₩575.72 KRW. That means that in a single year, the value of Shen has grown by 56.34%.
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 KRW values from Today at 1:24 pm
0.5 SHEN = ₩447.77 KRW |
1 SHEN = ₩895.54 KRW |
5 SHEN = ₩4,477.70 KRW |
10 SHEN = ₩8,955.41 KRW |
50 SHEN = ₩44,777.04 KRW |
100 SHEN = ₩89,554.08 KRW |
500 SHEN = ₩447,770.41 KRW |
1,000 SHEN = ₩895,540.83 KRW |
KRW to SHEN values from Today at 1:24 pm
₩1 KRW = 0.000558 SHEN |
₩1 KRW = 0.0011 SHEN |
₩5 KRW = 0.0056 SHEN |
₩10 KRW = 0.0112 SHEN |
₩50 KRW = 0.0558 SHEN |
₩100 KRW = 0.11 SHEN |
₩500 KRW = 0.56 SHEN |
₩1,000 KRW = 1.12 SHEN |
SHEN to KRW over time
SHEN | Today | 24H | 1M | 1Y |
---|---|---|---|---|
0.5 SHEN | ₩447.77 KRW | ₩458.12 KRW | ₩589.45 KRW | ₩287.86 KRW |
1 SHEN | ₩895.54 KRW | ₩916.24 KRW | ₩1,178.90 KRW | ₩575.72 KRW |
5 SHEN | ₩4,477.70 KRW | ₩4,581.21 KRW | ₩5,894.49 KRW | ₩2,878.62 KRW |
10 SHEN | ₩8,955.41 KRW | ₩9,162.42 KRW | ₩11,788.98 KRW | ₩5,757.25 KRW |
50 SHEN | ₩44,777.04 KRW | ₩45,812.12 KRW | ₩58,944.91 KRW |