With a huge surge of 154.69% in the past 30 days, Shping Coin has gotten into the bucket list of web3 investors. Despite the 10.77% downtrend today, SHPING is around 62.39% up in the last 7 days, with the current price of $0.0111 per coin.
This article will check whether Shping Coin is a good investment option or not, by forecasting its short-term and long-term price movements. Also, we will get into the tokenomics, along with a purchasing guide. Let’s dig in.
What Is Shping Network?
Shping is a platform designed to help those who need to access trusted brands, retailers, and instant live pricing information while shopping. Customers, brands, and retailers will be rewarded with Shping coin for each transaction. Also, it can be used for discounts and other reductions.
Shping has a mobile app that creates digital identities for every product with a GS1 barcode, enhancing accessibility. Also, it provides various tools for business owners to analyze user demographics and purchase behavior through user-generated data.
SHPING: Economy, Tokenomics, & More
Beyond the use case as a reward token, Shping coin can be used by brands and retailers to engage their audience in all of the pre and post-purchase activities through the app. The use of blockchain technology helps the platform to fully automate the transaction processes. The tokenomics and the on-chain hodler ratio ensure that the ecosystem is 100% decentralized. Here are some additional details of the token:
| Token Ticker | SHPING |
| Chain | Ethereum ERC – 20 |
| Contract Address | 0x7c84e62859d0715eb77d1b1c4154ecd6abb21bec |
| Total Supply | 10 Billion SHPING |
| Circulating Supply | 2.29 Billion SHPING |
| Market Cap | $25.52 Million |
| Hodlers | 8,372 |
Shping Coin’s Past Price Movements: A Timeline
The Shping Network, launched in 2019, didn’t receive much attention in its early years. It took 3 years for the platform to become a sensation among the web3 community.
- 2019: With chart movements circling the price of $0.0001, the market cap was below 1 million dollars. It wasn’t listed in any of the mainstream exchanges, and its popularity was very low.
- 2020: The platform started getting recognition from retailers and customers, but failed to attract institutional investors. Although the platform became strong, it didn’t create much impact on the market cap.
- 2021: Shping coin started witnessing the arrival of investors, increasing market cap to 1 million dollars. In late 2021, the coin generated an in-flow of various small-scale investors with the daily volume reaching 200K dollars.
- 2022: Various events such as exchange listing and upgrades in the working mechanism attracted institutional investors to the coin. In the first month of the year itself, the market cap skyrocketed, reaching an all-time high of $0.09884 on January 20, 2022. At present, Shping is 88.7% down from its ATH.
- 2023: The 2022’s slow decline in the price continued in 2023. The coin reached its yearly down point of $0.0022. It continued to move sideways throughout the year.
- 2024: When this year began, the coin suddenly surged to $0.12. However, it didn’t last much longer. It again went down and started creating downward wave-like structures. Various chart analysis experts predicted that the downtrend won’t last long, and the structure of the candles shows that it will break the spiral, and their prediction became true.
Shping Coin Short-Term Price Forecast
When Shping broke the downward spiral around November’s first week, it witnessed an incredible surge which is expected to continue till the year’s end. Today’s 10% dip will attract more investors to the coin and it will probably reach $0.15 soon. The Fear & Greed index and the moving averages suggest a strong buy. Nevertheless, be conscious of the potential unpredictable price fluctuations and plan accordingly.
Shping Coin Long-Term Price Prediction 2025 To 2030
This price prediction is based on chart analysis and the roadmap of Shping Coin. It is not 100% accurate and the possibility of an exact opposite scenario of this forecast cannot be dismissed. DYOR, and invest wisely.
| Year | Minimum Price | Maximum Price |
| 2025 | $ 0.010856 | $ 0.014711 |
| 2026 | $ 0.01032 | $ 0.01094 |
| 2027 | $ 0.010193 | $ 0.012051 |
| 2028 | $ 0.010567 | $ 0.075445 |
| 2029 | $ 0.007331 | $ 0.037118 |
| 2030 | $ 0.003139 | $ 0.007988 |
Where To Buy Shping Coin?
Coinbase Exchange, Gate.io, and ProBit Global have SHPING/USDT pair to trade. You can also purchase SHPING via Sushiswap and Uniswap DEXs. The coin is expected to get listed on Binance soon, and we can see another surge weeks before the listing date.
Final Thoughts: Is It A Good Investment Option?
The primary reason to purchase Shping Coin is that you can diversify your portfolio with a token that has unique use cases. The shopping dynamics are expected to witness huge changes upon the integration of blockchain technology, ensuring an increase in SHPING’s long-term value.
Finally, this article is not a piece of investment advice and the analysis is solely based on objective market research. To get further clarification, you can go through the docs of Shping and engage with its social media communities.
