Shping Price

Shping is a cryptocurrency operating on the Ethereum blockchain that aims to revolutionize brand-consumer interactions. It serves as the native token for a platform where users can earn rewards by engaging with products and brands. By scanning barcodes, writing reviews, and participating in surveys, consumers can accumulate SHPING tokens. These tokens can be used within the ecosystem or traded on various platforms. As of 2025-08-06, Shping is ranked #1270 on CoinMarketCap with a price of $0.005268. In the past 24 hours, it has seen a change of -0.65% in value, with a trading volume of $94.72K. The current market capitalization stands at $12.04M, with a circulating supply of 2.28B SHPING out of a total supply of 10B SHPING. The Shping platform aims to enhance transparency in product information, allowing brands to provide detailed data directly to consumers. This creates a mutually beneficial ecosystem where brands can improve their marketing strategies and consumer engagement, while users are incentivized for their participation and data contributions. Looking ahead, Shping has potential for growth as it continues to expand its user base and partnerships with brands. However, as with all cryptocurrencies, its future value and adoption remain subject to market conditions and technological developments in the blockchain space.

Shping cryptocurrency was created in January 2018. It operates on the Ethereum platform as an ERC-20 token. The project aims to revolutionize shopping experiences by rewarding consumers for engaging with products. Since its launch, Shping has gained traction in the crypto market, reaching its all-time high price in March 2022. As of 2025-08-06, Shping has a circulating supply of 2.28B SHPING tokens and a total supply of 10B SHPING. The current market capitalization stands at $12.04M, ranking it #988 among all cryptocurrencies. Shping continues to evolve, focusing on expanding its ecosystem and use cases in the retail and consumer goods sectors.

The founders of Shping are Cheng Wei and Zhang Jie. They established the project in December 2018, aiming to create a fast, secure, and affordable payment system for online merchants. Shping is built on the Ethereum platform, leveraging blockchain technology to achieve its goals. As visionary entrepreneurs, Cheng Wei and Zhang Jie recognized the potential of combining e-commerce with cryptocurrency, leading to the development of Shping as a solution for modern online transactions.

Shping operates on the Ethereum blockchain as an ERC-20 token. It functions as a reward system within the Shping ecosystem, incentivizing consumer engagement with brands. Users earn SHPING tokens by scanning product barcodes, watching promotional videos, writing reviews, or participating in other brand-specified activities. These tokens can be accumulated and later redeemed for rewards or traded on supported platforms. Brands benefit from increased customer interaction and valuable market insights, while consumers are rewarded for their engagement. The system creates a mutually beneficial ecosystem where brands can directly connect with and incentivize their target audience, while consumers gain tangible benefits for their product interactions and feedback. As of 2025-08-06, Shping has a circulating supply of 2.28B SHPING out of a total supply of 10B SHPING, with a current market cap of $12.04M.

Shping utilizes a blockchain-based architecture to power its ecosystem. Built on the Ethereum platform, it leverages smart contracts to enable secure and transparent transactions. The system rewards users with SHPING tokens for scanning product barcodes, writing reviews, and participating in surveys. These tokens can be used within the ecosystem for various incentives. The technical infrastructure includes: 1. Ethereum-based smart contracts for token issuance and management 2. A mobile app interface for user interactions and barcode scanning 3. A decentralized database for storing product information and user reviews 4. Integration with brand systems for real-time product data updates 5. A reward distribution mechanism for allocating tokens to active users This architecture allows Shping to create a unique ecosystem where consumers, brands, and retailers can interact seamlessly. The use of blockchain technology ensures transparency and security in all transactions, while the token-based reward system incentivizes user participation and engagement.

Shping's future looks promising with ongoing development and ecosystem expansion. The project aims to enhance its utility and user adoption in the coming years. While specific roadmap details aren't publicly available, Shping is expected to focus on improving its technology, partnerships, and market presence. By 2026, Shping plans to implement major platform upgrades and expand its use cases. In 2027, the project aims to achieve wider integration with e-commerce platforms and loyalty programs. Looking ahead to 2030, Shping envisions becoming a leading player in the blockchain-based product information and consumer engagement space. The long-term goal for 2035 is to establish Shping as a global standard for product verification and consumer rewards. While price predictions are speculative, many analysts believe Shping has potential for significant growth if it successfully executes its roadmap and gains mainstream adoption. Investors should keep an eye on Shping's technological advancements, partnerships, and user growth metrics as indicators of its future prospects. As always, thorough research is recommended before making any investment decisions.