SHPING logo

SHPING price

(SHPING / USD)

Market stats

$20.8M

$5.2M

+821.4%

1.7B SHPING

16 days

70% buy
30% sell

#151

$127,539.86

+3.24%

+29.85%

+62.17%

Get crypto for getting started

Jump start your portfolio with free crypto after you sign up. Terms apply.

freeBtc

About SHPING

SHPING is an Ethereum token that powers Shping, an application for comparing, reviewing, and tracking consumer products. Brands can use Shping Coin to reward customers for watching videos, writing reviews, and scanning receipts.

What Is Shping (SHPING)?

SHPING is a unique cryptocurrency that works on the Ethereum platform. According to the whitepaper, the Shping platform is driven by Ethereum smart contracts, the next-generation blockchain protocol, and handles product traceability with the help of hyperledger and GS1 standards. Hyperledger Fabric is an entirely customizable architecture-based infrastructure for distributed ledger functions that offers high levels of security, scalability, robustness, and customization. GS1's global identification and structured data standard enable blockchain network users to expand enterprise adoption and maintain a single shared version of supply chain and logistics events, increasing data integrity and trust between parties and reducing data duplication and coordination. 

The Shping platform is a different self-service, shopper e-commerce system. As mentioned in the whitepaper, the way digital advertising platforms are utilized to impact sales online, Shping allows the brands and retailers to advertise to consumers during in-store shopping examples. However, unlike advertising platforms, Shping encourages brands and merchants to conduct their marketing budgets into awarding the customer straight for their engagement and attention instead of spending enormous sums on the media gigs. Hence, the strategy becomes a win-win situation for the businesses and the customers who purchase their products.

The platform aims to achieve the four pillars, which are:

  1. To create the world’s leading global product database via blockchain invention. The database constantly updates brands and consumers who receive incentives to access, add to, check, and confirm information about the products obtainable in the market. 

  2. To offer complete traceability of the supply chain for customers, brands, traders, distributors, and governing agencies to check whether the given product is reliable, genuine, and meets the standards. 

  3. To offer incentives to consumers for assessing the quality, genuineness, and practicality of the products users purchase.

  4. To let brands, merchants, and organizations give rewards to consumers for engaging with them in a non-disruptive and customer-driven way to foster brand loyalty and reputation.

The Shping coin aims to grow into a renewed token of exchange that rewards customers, brands, merchants, and associated enterprises to come together and make a safer and wiser way for buyers to shop and convey information regarding the products in the market.

SHPING is on the rise this week.

The price of SHPING has risen by 62.17% in the past 7 days. The price increased by 29.85% in the last 24 hours. In just the past hour, the price grew by 3.24%. The current price is $0.012066 per SHPING. SHPING is 100.00% below the all time high of $127,539.86.

The current circulating supply is 1,738,967,032.14 SHPING.

SHPING on social media.

SHPING was mentioned in 37 out of 2,200,790 social media posts on Twitter and Reddit on May 17, 2022. 29 unique individuals are talking about SHPING and it is ranked #1,095 in most mentions and activity from collected posts.

Popular cryptocurrencies

A selection of cryptocurrencies in the top 50 by market cap.

Recently added

Comparable market cap

Of all the assets on Coinbase, these 8 are the closest to SHPING in market cap.

Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.

Coinbase Bytes

The week’s biggest crypto news, sent right to your inbox

Coinbase Bytes article