About POINTS and SHEN
Points is falling, while Shen is climbing this week. The current POINTS to SHEN conversion rate is 0.001172. Inversely, this means that if you convert 1 SHEN you will get 852.96 POINTS. The conversion rate of POINTS/SHEN has decreased by 0.85% in the last hour (SHEN/POINTS increased by 0.85%). In the last 24 hours, POINTS/SHEN shrunk by 4.44%, while SHEN/POINTS grew by the same amount.
The exchange rate of Points is decreasing. The current value of 1 POINTS is 0.001172 SHEN. In other words, to buy 5 Points, it would cost you 0.005862 SHEN. Inversely, 1 SHEN would allow you to trade for 852.96 POINTS while 50 SHEN would convert to 42,647.93 POINTS, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 6.84%. Meanwhile, in the last 24 hours, the rate has changed by 4.35%, and that the highest exchange rate of 1 POINTS to SHEN was 0.001234 SHEN and the lowest 24 hour value was 1 POINTS for 0.001174 SHEN. Last month, 1 POINTS was worth 0.001245 SHEN. Today, it's down 6.24%. Looking back a year, Points has changed by 0.0003737 SHEN. That means that in a single year, the value of Points has grown by 68.12%.
Points Market Stats
Memecoin of this cycle, no website
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
POINTS to SHEN values from Today at 1:45 pm
0.5 POINTS = 0.0005862 SHEN |
1 POINTS = 0.001172 SHEN |
5 POINTS = 0.005862 SHEN |
10 POINTS = 0.01172 SHEN |
50 POINTS = 0.05862 SHEN |
100 POINTS = 0.1172 SHEN |
500 POINTS = 0.5862 SHEN |
1,000 POINTS = 1.17 SHEN |
SHEN to POINTS values from Today at 1:44 pm
0.5 SHEN = 426.48 POINTS |
1 SHEN = 852.96 POINTS |
5 SHEN = 4,264.79 POINTS |
10 SHEN = 8,529.59 POINTS |
50 SHEN = 42,647.93 POINTS |
100 SHEN = 85,295.85 POINTS |
500 SHEN = 426,479.26 POINTS |
1,000 SHEN = 852,958.52 POINTS |
POINTS to SHEN over time
POINTS | Today | 24H -4.35% | 1M -6.24% | 1Y 68.12% |
|---|---|---|---|---|
0.5 POINTS | 0.0005862 SHEN | 0.0006117 SHEN | 0.0006227 SHEN | 0.0001869 SHEN |
1 POINTS | 0.001172 SHEN | 0.001223 SHEN | 0.001245 SHEN | 0.0003737 SHEN |
5 POINTS | 0.005862 SHEN | 0.006117 SHEN | 0.006227 SHEN | 0.001869 SHEN |
10 POINTS | 0.01172 SHEN | 0.01223 SHEN | 0.01245 SHEN | 0.003737 SHEN |
50 POINTS | 0.05862 SHEN | 0.06117 SHEN | 0.06227 SHEN | 0.01869 SHEN |
100 POINTS | 0.1172 SHEN | 0.1223 SHEN | 0.1245 SHEN | 0.03737 SHEN |
500 POINTS | 0.5862 SHEN | 0.6117 SHEN | 0.6227 SHEN | 0.1869 SHEN |
1,000 POINTS | 1.17 SHEN | 1.22 SHEN | 1.25 SHEN | 0.3737 SHEN |
Frequently asked questions
Right now, 1 Points is worth about $0.00008191.
Based on the current rate, you could get 12,209.24 POINTS for 1 USD.
You can use our POINTS to USD calculator at the top of this page to convert any amount of POINTS to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 61,046.21 POINTS. Inversely, 5 POINTS will cost about $0.0004095
Points can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Points.
There are a number of crypto assets that have the a similar or comparable market cap to Points, including BytomDAO, Santiment Network Token, and Fusion. For a more robust list of assets to explore, jump to the asset page dedicated to Points.
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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.