Shping Coin Price Prediction 2023, 2025 and 2030

What Is Shping?

Based on blockchain technology, the Shping platform aims to revolutionise the interaction between consumers and retailers by providing a more efficient and trustable shopping experience by connecting brands, retailers, and consumers.

Using blockchain technology, Shping provides immutable product information to minimise fraud and ensure product authenticity.

To increase user engagement, Shping rewards two groups of consumers. One of them is the users who provide product reviews and ratings. The other group is users who participate in loyalty programs offered by brands and retailers on the Shping platform.

You may ask how Shping actually works. Well, the Shping app lets users scan product barcodes to access detailed information about each product.

This information includes other users’ reviews and ratings, the product's ingredients, allergens, and environmental impact.

At its heart, the Shping platform strives to benefit both buyers and retailers. It aims to do so by providing a platform for a more transparent and efficient shopping experience for consumers while allowing brands and retailers to access valuable user insights and marketing opportunities.

The means that makes all this possible is the platform’s native cryptocurrency, SHPING, which is used for all transactions and more. Let’s get into the details and learn more about this token.

What Is The SHPING Coin?

No Shping coin price prediction can be usable unless we learn what the SHPING coin is and how it is used.

The SHPING coin is the Shping platform’s native cryptocurrency used to pay all costs in the Shping platform. The token operates on the Ethereum blockchain and follows the ERC-20 standard.

Using Shping is really easy for both consumers and retailers, as consumers need to scan the QR codes of the products they like on their smartphones to access all the information they need to decide about a given product, from nutritional facts to price and reviews.

Also, the Shping platform enables retailers to connect with consumers, market their products, and receive real-time feedback, which helps them optimise their processes and products.

How the SHPING coin is used in these interactions, then? Well, the SHPING coin streamlines transactions in the Shping platform. How? Retailers accept SHPING coins as payment for their products, and consumers use these coins to access platform features.

Also, both shoppers and retailers can be rewarded the SHPING coins for participating in network activities, including writing product reviews or inviting new users to the platform.

Now that we know the basics about the platform and its native coin, you may ask what specific features the Shping platform and coin have to make them stand out. Scroll to find out!

Shping Features

The SHPING platform offers the following features for consumers and retailers.

• Product Information: By scanning the products’ barcodes or QR codes, consumers access a range of information about that product, from ingredients to reviews.
• Price Comparison: Consumers can compare prices for products before buying to find the best deal.
• Loyalty Rewards: Retailers can reward SHPING coins to loyal consumers, and they use the coins to buy more products or access different features on the platform.
• Advertising: Retailers can advertise their products on the platform by paying SHPING coins.
• Feedback: Consumers can provide feedback on products to demand higher quality or encourage others to enjoy the products. Retailers can also use the given feedback to increase the efficiency of their products and services.
• Authentication: Thanks to blockchain technology, the Shping platform authenticates products to minimise the risk of selling fake products.
• Security: The smart contracts used by the Shping platform help to increase security and transparency in transactions executed on the platform.
• Payment: The Shping platform has its native token, SHPING, which is used easily for all transactions.
• Premium Features: Users can access premium features on the Shping platform by paying SHPING coins.
• Incentivisation: The platform encourages users to join activities to earn SHPING coins as a reward.
• Trading: SHPING coin holders can buy and sell it on various cryptocurrency exchanges, including BitMart, Uniswap, and CoinBene.
• Staking: SHPING coin holders can also earn crypto staking rewards, as the Shping platform enables staking opportunities.

After learning about the platform, its features and its native token, you need to head to Shping coin’s price history to understand how it has performed so far.

SHPING Coin Price History

An important factor in SHPING Coin price prediction in the coming years is its price performance since it was launched.

• SHPING Coin started trading on Oct 19, 2018, at $0.00052455.
• It revolved in this range for over six months and hit its lowest trading price on May 06, 2020, at $0.000000029996.
• Small fluctuations were recorded in the same range for some months, and on Dec 25, 2020, each SHPING coin was traded at $0.00016576.
• Since December 2020, the SHPING coin’s price started to go up for about a year and reached $0.00974664 on Dec 17, 2021.
• The up trend didn’t last long, and the token’s price fell to $0.00413446 in four days.
• Shortly after, the SHPING coin started the upward price trend and reached $0.01024390 on Jan 14, 2022.
• The uptrend turned into a skyrocket, and the SHPING coin recorded its highest trading price of $0.102288 on Jan 20, 2022.
• In a few days, the downward trend started but continued with some fluctuations.
• Today, on Apr 4, 2023, each SHPING coin is traded at $0.00431236, with a 24-hr trading volume of $95,557.

SHPING Coin Financial Analysis

To understand how a coin will perform in the future, crypto investors need to understand its financial protocols, i.e., tokenomics, ROI, Market Cap, ATL and ATH. The following subsections will elaborate on these factors.

SHPING Coin Tokenomics

SHPING is a deflationary crypto token, i.e., a portion of tokens are burned with each transaction to help control the token supply and increase the token’s value over time.

In an ICO (Initial Coin Offering) held in 2018, which raised about $30 million, the SHPING tokens were sold at $0.01. The following pie chart depicts how the token supply was allocated.

SHPING Coin ROI

ROI (Return on Investment) is a financial indicator showing how profitable a coin/ token has been in various time frames. SHPING coin’s current ROI is 659.88%, meaning that if you bought this token in 2018 when it was launched, you could profit by 659.88%.

SHPING Coin Market Cap

Market Cap (Capitalisation) is the total market value of a cryptocurrency's circulating supply, which is calculated using the following formula:

Market Cap = Current Price x Circulating Supply

SHPING coin has a Market Cap of $7,139,906, a Total Supply of 10,000,000,000 SHPING coins, and a Circulating Supply of 1,782,433,624 SHPING.

SHPING Coin ATH and ATL

• SHPING coin recorded its ATH (All-Time High) price on Jan 20, 2022, when each SHPING token was traded at $0.102288.
• SHPING coin recorded its ATL (All-Time Low) price on May 06, 2020, when each SHPING token was traded at $0.000000029996.

If financial factors are one side of a crypto coin’s story, the other side is its fundamental analysis. Let’s read about SHPING's fundamental analysis.

SHPING Fundamental Analysis

In addition to financial factors, we need to analyse SHPING fundamentally to understand how SHPING coin price prediction works. It means we are going to analyse its team in the following subsections.

Fundamental analysis also includes a project’s popularity over social media platforms and its investors. Sadly, this information was not found Shping platform’s website.

Team

The Shping platform was created by a team of developers, marketers, advisors and entrepreneurs with backgrounds in blockchain, technology, and marketing. The following are the main characters behind this project.

• CEO and Co-Founder: Gennady Volchek (experienced in marketing, advertising, and retail)
• CTO and Co-Founder: Alexander Shashkov (experienced in software development and blockchain)
• CFO and Co-Founder: Andrew Jamieson (experienceD in finance and accounting)

SHPING Coin Price Prediction At A Glance

The following table summarises the Shping coin price prediction in minimum, average, and maximum prices from 2023 to 2030. The growth percentage of Shping coins in the coming years will be detailed in the following subsections.

SHPING Coin Price Prediction 2023

Shping coin price prediction 2023 expects a minimum price growth of about 61%. At a maximum, it has the potential to reach about 84% growth throughout 2030.

SHPING Coin Price Prediction 2024

Shping coin price prediction 2024 sees an average growth rate of 154% for each SHPING token. It can also experience a maximum growth rate of about 177%, reaching $0.012.

SHPING Coin Price Prediction 2025

The average price growth predicted for the Shping coin in 2025 is about 270%. Its maximum price growth in 2025 is expected to be approximately 338%.

SHPING Coin Price Prediction 2030

Shping coin price prediction 2030 expects price growth of over 2400% for each SHPING coin, expecting it to exceed $0.11. The coin’s maximum price growth predicted for 2030 is around 2900%, i.e., $0.13.

Is SHPING Coin A Good Investment?

Shping is created to streamline the connection between retailers and consumers using blockchain technology, smart contracts and its native token, SHPING.

The idea behind the project is new, coming from an ambitious team. Also, price predictions expect a brighter financial future for the coin, and its low current price makes it a good investment in the long run.

However, the lack of a clear roadmap, unknown progress and a low market cap rank are the risks investors must consider before investing in Shping coins.

The thing you can do to make a more confident investment is to increase your knowledge about Shping and similar projects. Cryptologist, its unique crypto screening tool and detailed crypto project reviews help you reach this aim.

FAQ

Here are the answers to the most frequently asked questions about the Shping coin price prediction.

Can Shping Crypto Reach $1?

Some crypto experts believe that although the Shping coin’s price is expected to rise in the coming years, it’s not likely for it to reach 1$ soon. However, nothing is 100% predictable in a highly volatile market of cryptocurrencies, and a bull run may change everything.

What Is The Future of The Shping Token?

Shping coin price prediction indicates that the token has the potential to grow in the upcoming years and reach at least $0.11 by 2030.