What is CTLCitadel (CTL)?
CTLCitadel (CTL) is a peer-to-peer, decentralized cryptocurrency network that enables users to exchange economic value with one another. The project’s primary goal is to build an open, adaptable digital ecosystem that encourages innovation and provides economic opportunities for businesses and consumers worldwide.Citadel aims to lower service costs, reduce transaction risks, and eliminate barriers to entry.
- Key Features: According to its white paper, the Citadel network has the following characteristics:
- Privacy: Transactions executed on the Citadel network are anonymous and untraceable.
- Decentralization: Citadel employs a Proof-of-Work (PoW) network consensus mechanism to ensure the integrity of the shared ledger and reduce the likelihood of any single participant controlling the network.
- Threat Resistance: Designed to prevent attackers from disrupting the network’s operational continuity.
- Fungibility: Citadel Coin (CTL) is the network’s native cryptocurrency, representing funds stored on the Citadel Network.Since the network is private and the transaction history of tokens cannot be traced, CTL tokens are completely indistinguishable from one another; therefore, they cannot be singled out or blacklisted, making them equivalent to convenient digital cash.
- Economic Model: The Citadel Network relies on a deflationary economic model designed to support the long-term value of its tokens by reducing their supply over time.
- Project History: The project’s development team released the platform’s white paper on September 16, 2018.
CTL’s Official Website
According to publicly available information, the official website for Citadel (CTL) is citadelplatform.org. Additionally, its blockchain explorer address is explorer.citadelplatform.org.
Total Supply of CTL
Supply data for CTL varies slightly across different sources, but the overall range is clear:
- Maximum Supply: The maximum supply of Citadel is typically cited as 18 million CTL or 18.5 million CTL.
- Current Total Supply: As of now, the total supply is approximately 12.3 million CTL to 13.194 million CTL.
- Circulating Supply: Many data platforms show an insufficient or zero circulating supply. However, CoinMarketCap reports a circulating supply of 13.51 million CTL, representing approximately 75.06% of the maximum supply.
Please note that cryptocurrency supply data changes over time, and different data sources may use varying statistical methods; the above figures are for reference only.
Exchanges Listing CTL
Citadel (CTL) is listed on some cryptocurrency data aggregation platforms, but its active trading markets are very limited, and trading volume is extremely low:
- Coinbase: Coinbase lists information on Citadel (CTL) but includes a note stating “Restricted—please refer to the full terms and conditions” and indicates that its 24-hour trading volume across four active markets is 0.
- Crypto.com: Crypto.com also displays market data for Citadel (CTL).
- Gate.io: Gate.io explicitly states that this cryptocurrency is not listed for trading or services on its platform.
- Bitget: Bitget provides market information for Citadel, but both its 24-hour trading volume and circulating supply data are displayed as “--,” indicating a lack of active trading.
- Live Coin Watch and Yahoo Finance: These platforms also provide price tracking and historical charts for CTL, but similarly show very low trading volume or a 24-hour trading volume of zero across a few active markets.
Overall, although Citadel (CTL) is listed on some well-known data platforms, its active trading pairs and liquidity on mainstream exchanges are very limited, with 24-hour trading volumes typically extremely low or even zero. Investors should fully understand the liquidity risks involved when considering such projects.
