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Price
$0.0150
10/3/2022, 1:40:57 PM
diamondHands

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Market

Market stats

Market cap

$166,702.00

Volume (24h)

-

Circulating supply

11.0M CTL

All time high

$0.30

Price change (1h)

+1.4%

Price change (24h)

+0.45%

Price change (7d)

+48.41%

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Citadel is on the rise this week.

The price of Citadel has risen by 48.41% in the past 7 days. The price increased by 0.45% in the last 24 hours. In just the past hour, the price grew by 1.40%. The current price is $0.014957 per CTL. Citadel is 95.01% below the all time high of $0.30.

The current circulating supply is 10,969,268.523 CTL.

About

What Is Citadel (CTL)?

Citadel (CTL) is a peer-to-peer, decentralized cryptographic network where users transact by sending each other economic values. Citadel's primary goal is to build a digital ecosystem that is open and adaptable that encourages innovation. Citadel also aims to provide economic opportunities to businesses and consumers worldwide. Citadel intends to cut service costs while reducing transaction risks and cutting entrance barriers.

As per its whitepaper, The Citadel project segments has two parts :

  1. The Citadel Network- An underlying blockchain-based system for transmitting economic value between users in the form of CTL coins.

  2. The Citadel Platform- A global ecosystem of digital, identity, and e-commerce services that are diversified and versatile. 

The Citadel Network is:

Private: Transactions performed across the Citadel network are anonymous and untraceable.

Decentralized: Citadel utilizes the Proof-of-Work (PoW) network consensus to ensure the integrity of its shared ledger and reduce specific participants taking control of the network.

Threat Resistant: Prevents attackers from being able to compromise the network's operational continuity.

Fungible: Citadel coins (CTL), the network's native cryptographic currency, represent funds saved on the Citadel network. Tracing a coin's transaction history is complicated as the network is private. CTL coins are indistinguishable, thus prohibiting these coins from being singled out or blocklisted. CTL is the equivalent of convenient digital currency because of its indistinguishability.

Scarce: Citadel Network relies on a deflationary economic model to support its coin's long-term value. Deflationary cryptocurrencies are fashioned to reduce supply over time.

Some important components of the Citadel platform are:

  • Sentinel Network: Citadel Platform's robust, open, digital services architecture where developers can author decentralized applications.

  • BitKYC Protocol: BitKYC Protocol is Citadel platform's Smart Identity Management Service (SIMS), an identity registration, encryption, and verification service.

  • Private Smart Contracts: With the introduction of private smart contracts, Citadel aims to provide a framework for creating, executing and verifying cross-party agreements with special commercial terms.

History of Citadel (CTL)

The project development team published the platform's whitepaper on September 16, 2018. The maximum supply of CTL coins is 18.5M CTL.

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FAQ

What is the current price of Citadel?

The price of 1 Citadel currently costs $0.0150.

What is the market cap of Citadel?

The current market cap of Citadel is $166.70K. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Citadel?

The all-time high of Citadel is $0.30. This all-time high is highest price paid for Citadel since it was launched.

What is the 24 hour trading volume of Citadel?

Over the last 24 hours, the trading volume of Citadel is $0.00.

What other assets are similar to Citadel?

Assets that have a similar market cap to Citadel include Waterfall DeFi, Filecash, MeDIA eYe NFT Portal, and many others. To see a full list, see our comparable market cap assets.

How many Citadel are there?

The current circulating supply of Citadel is 11 million.

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