CRU Token Issuance Date and Initial Price
The Token Generation Event (TGE) for the Crust Network (CRU) token was successfully completed on September 21, 2020. This marked the moment when CRU tokens were first created and put into circulation.Subsequently, the Crust Network mainnet officially launched on September 1, 2021, further enhancing the ecosystem of its decentralized storage network.
According to public records, the initial issuance price of the CRU token was $4.35.
Crust Network Project Overview and Uses of the CRU Token
Crust Network is a decentralized storage network built on the Polkadot Substrate framework, dedicated to providing secure and efficient decentralized storage and cloud solutions for both Web 3.0 and Web 2.0 ecosystems. Its architecture supports a decentralized computing layer, aiming to build a comprehensive decentralized cloud ecosystem.
The CRU token plays multiple core roles within the Crust ecosystem:
- Staking: Used to maintain the GPoS (Guaranteed Proof of Stake) consensus mechanism, ensuring network security and stability.
- Collateral: Serves as the collateral required for storage providers to offer storage services.
- Transaction Fees: Used to pay for transactions within the network.
- Service Payments: Used to purchase storage space or other cloud services.
- On-chain Governance: Used to participate in the network’s on-chain governance decisions.
Crust Network has integrated with multiple mainstream blockchains, including Ethereum, BSC, Polygon, Solana, and Near, providing them with decentralized storage layer services.
Current Market Overview of CRU
As of July 31, 2026, the current price of CRU is approximately $0.009956. Its circulating market capitalization is approximately $388,000, and its 24-hour trading volume is approximately $11,000.Please note that the cryptocurrency market is highly volatile; the above data is for historical reference only, and the latest figures may have changed.
CRU Trading Channels
Currently, CRU tokens can be traded on the following platforms:
- Gate
- Uniswap V2 (Ethereum)
Users can purchase and trade the token on exchanges that support it. Before conducting any transactions, please be sure to verify the platform information yourself and understand the associated risks.
