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SHPING SHPING Price

$0.008452

1.19%

$0.008348

24h Range

$0.008888

Market Cap

$19,327,792.1

Fully Diluted Valuation

$84,519,259.3

24 Hour Trading Vol

$881,049.6

Circulating Supply

2,286,791,464.0

Total Supply

10,000,000,000.0

Max Supply

10,000,000,000.0

Info

SHPING Price Statistics

SHPING Price

$0.008452

24h Range

$0.008348 - $0.008888

Percent Change 1h

-0.47%

Percent Change 24h

1.19%

Percent Change 7d

-1.93%

All-time high

$0.102

All-time low

$0.0000000300

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About SHPING

What is SHPING (SHPING)?

SHPING (SHPING) is a blockchain-based platform designed to enhance the shopping experience by providing consumers with rewards and incentives for engaging with brands and products. Launched initially in 2017, SHPING allows users to scan product barcodes to access detailed information about the items while earning rewards in the form of SHPING tokens. The platform aims to bridge the gap between consumers and brands, fostering a more transparent and engaging shopping environment. As of 2024, SHPING has integrated various features, including product information verification, consumer engagement tools, and loyalty programs, all powered by its native cryptocurrency, SHPING.

Who are the Founders of SHPING?

SHPING was founded by a team of experienced professionals in technology and marketing. The key figures include:

  • Jay D. Minervini: Co-founder and CEO, with a background in technology, marketing, and entrepreneurship.
  • Tracy B. Tully: Co-founder and COO, who has extensive experience in business development and operations.
  • Dr. J. M. Ralston: Co-founder and Chief Technology Officer, bringing expertise in blockchain technology and software development.

The founders have worked together to create a platform that leverages blockchain to improve consumer-brand relationships and enhance the overall shopping experience.

How does SHPING Work?

SHPING operates on a decentralized blockchain network, utilizing smart contracts to facilitate transactions and interactions between consumers and brands. The platform works as follows:

  1. Product Scanning: Users can scan the barcodes of products using the SHPING mobile app. This action grants them access to comprehensive product information, including origin, nutritional data, and brand details.
  2. Rewards System: For engaging with products (e.g., scanning barcodes, providing reviews, or participating in surveys), users earn SHPING tokens. These tokens can be redeemed for discounts, products, or other rewards offered by participating brands.
  3. Brand Engagement: Brands can use the SHPING platform to create targeted marketing campaigns, gather consumer insights, and manage customer loyalty programs, all while ensuring transparency and authenticity through blockchain technology.
  4. Marketplace Functionality: SHPING also features a marketplace where users can purchase products directly, using SHPING tokens as a payment method, thus integrating the shopping and reward systems.

Top Use Cases of SHPING

SHPING has several practical applications that benefit both consumers and brands:

  • Loyalty Programs: Brands can create customized loyalty programs that reward customers for their purchases and engagement, enhancing customer retention.
  • Product Authenticity Verification: Consumers can verify the authenticity of products by scanning barcodes, ensuring they are buying genuine items, which is particularly important in markets like luxury goods and pharmaceuticals.
  • Consumer Insights: Brands can gather valuable data about consumer preferences and behaviors, allowing for more effective marketing strategies and product development.
  • Gamification of Shopping: SHPING incorporates gamified elements that encourage users to engage with brands, such as challenges and rewards for completing specific tasks.
  • Adoption of Cryptocurrency in Retail: The SHPING token facilitates cryptocurrency transactions in retail, making it easier for users to use digital assets for everyday purchases.

How to Keep your SHPING Safe?

To ensure the security of your SHPING tokens and personal information, consider the following best practices:

  • Use Hardware Wallets: Store your SHPING tokens in a hardware wallet, which offers enhanced security compared to online wallets.
  • Enable Two-Factor Authentication (2FA): Always enable 2FA on your accounts associated with SHPING to add an extra layer of security.
  • Keep Software Updated: Regularly update your wallet software and mobile app to protect against vulnerabilities.
  • Beware of Phishing Attempts: Be cautious of emails or messages asking for your private keys or personal information. Always verify the source before clicking on links.
  • Monitor Your Accounts: Regularly check your wallet and transaction history for any unauthorized activity.

How to Invest in SHPING (SHPING)?

Investing in SHPING (SHPING) or any other cryptocurrency involves several steps:

1Choose a Reliable Exchange: Select a reputable cryptocurrency exchange platform like Coinbase, Binance, or Okx. These platforms allow you to buy, sell, and trade cryptocurrencies.

2Create an Account: Sign up for an account on your chosen exchange by providing the necessary personal information and completing the verification process.

3Fund Your Account: Deposit funds into your exchange account using various methods like bank transfers, credit/debit cards, or wire transfers.

4Buy SHPING: Once your account is funded, you can purchase SHPING directly from the exchange. Choose the desired amount and complete the transaction.

Investing in SHPING (SHPING) Using Botsfolio:

Botsfolio is a platform that automates cryptocurrency investments using trading bots. To invest in SHPING using Botsfolio, follow these steps:

  • Create a Botsfolio Account: Sign up for a free account on the Botsfolio platform.
  • Create Portfolio: Select an investment type from available options such as Premade crypto portfolios OR Custom crypto portfolio.
  • Connect Your Exchange: Link your chosen cryptocurrency exchange account to Botsfolio through fast connect or API key to enable seamless investing.

Botsfolio allows you to automate your cryptocurrency investments, potentially saving time and effort while optimizing your trading strategies.

What is the Price Prediction for SHPING (SHPING) in the Long Term?

SHPING (SHPING) is currently trading at $0.008452 and exhibits good potential for future growth. Check the latest SHPING (SHPING) price prediction.

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