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About SHPING

SHPING (SHPING) is a cryptocurrency launched in 2018. SHPING has a current supply of 10.00Bn with 2.29Bn in circulation. The last known price of SHPING is 0.002228070494 USD and is -0.000007251912 over the last 24 hours. It is currently trading on active market(s) with $163,429.24 traded over the last 24 hours. More information can be found at https://shping.com/coin.

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SHPING Price Statistics
SHPING’s Price Today
24h Price Change
-$0.0000072519120.32%
24h Volume
$163,429.2435.34%
24h Low / 24h High
$0 / $0
Volume / Market Cap
0.032075562492
Market Dominance
0.00%
Market Rank
#1403
SHPING Market Cap
Market Cap
$5.10M
Fully Diluted Market Cap
$22.28M
SHPING Price History
7d Low / 7d High
$0 / $0
All-Time High
$0
All-Time Low
$0
SHPING Supply
Circulating Supply
2.29Bn
Total Supply
10.00Bn
Max Supply
10.00Bn
Updated Dec 27, 2025 8:43 pm
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SHPING
SHPING
$0.002228070494
$0.000007251912(-0.32%)
Mkt Cap $5.10M
There's nothing here for now
Sonic Labs Updates ETF Token Allocation Strategy Amid Market Conditions
Sonic Labs Updates ETF Token Allocation Strategy Amid Market Conditions
According to Odaily, Sonic Labs has announced an update to its ETF token allocation strategy. Previously, the Sonic community approved a governance proposal authorizing up to $50 million worth of S tokens for a potential U.S.-listed ETF to facilitate entry into the regulated U.S. market. However, following the proposal's approval, Sonic Labs decided to delay execution due to a weakening market environment and a significant decline in the S token price, opting not to mint any related tokens to avoid increasing supply at unfavorable price levels. The announcement stated that executing the original plan at current prices would require issuing over 600 million additional S tokens, which deviates from the proposal's original intent. Therefore, this plan will not be adopted. To better align with token holders' interests, Sonic Labs has set new execution constraints: ETF allocations will only be minted if the S token price exceeds $0.5, with a maximum of 100 million tokens. The total token value is strictly capped at $50 million, with a preference for issuing fewer tokens at higher price levels. Any execution deviating from these conditions will not occur. Sonic Labs also emphasized that the S tokens used for the ETF will be locked within regulated products and will not enter the secondary market, thus not increasing market selling pressure. The team reiterated that a U.S.-listed ETF remains a long-term strategic focus, aiming to provide institutional investors with compliant exposure to Sonic. Any future adjustments will be communicated and advanced through clear communication and governance processes.
Dec 27, 2025 8:13 pm
Sonic updates its ETF token allocation plan: Execution will only be implemented when the S price is above $0.50, with a maximum issuance size of $50 million.
Sonic updates its ETF token allocation plan: Execution will only be implemented when the S price is above $0.50, with a maximum issuance size of $50 million.
Sonic Labs has released an update to its ETF token allocation implementation plan. Previously, the Sonic community had passed a governance proposal authorizing up to $50 million worth of S tokens for potential US-listed ETFs to facilitate their entry into the regulated US market. However, following the proposal's passage, due to a weakening overall market environment and a significant decline in the price of S, Sonic Labs decided to postpone implementation, refraining from minting any related tokens during this period to avoid increasing supply at unfavorable price levels. The announcement stated that implementing the original plan at the current price would require issuing over 600 million additional S tokens, significantly deviating from the original intent of the governance proposal, and therefore, this plan will not be adopted. To better align the interests of token holders, Sonic Labs clarified new implementation constraints: ETF allocations, corresponding to a maximum of 100 million tokens, will only be minted when the S price is above $0.50; the total token value is strictly capped at $50 million, with priority given to issuing fewer tokens at higher price levels; any implementation deviating from these conditions will not occur. Sonic Labs also emphasized that the S tokens used in the ETF will be locked within the regulated product and will not enter the secondary market for circulation, thus avoiding any additional selling pressure. The team stated that US-listed ETFs remain a long-term strategic priority, aiming to provide institutional investors with compliant Sonic exposure, and any future adjustments will continue to be implemented through clear communication and governance processes.
Dec 27, 2025 8:03 pm

Frequently Asked Questions

  • What is the all-time high price of SHPING (SHPING)?

    The all-time high of SHPING was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of SHPING (SHPING) is 0. The current price of SHPING is down 0% from its all-time high.

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  • How much SHPING (SHPING) is there in circulation?

    As of , there is currently 2.29Bn SHPING in circulation. SHPING has a maximum supply of 10.00Bn.

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  • What is the market cap of SHPING (SHPING)?

    The current market cap of SHPING is 5.10M. It is calculated by multiplying the current supply of SHPING by its real-time market price of 0.002228070494.

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  • What is the all-time low price of SHPING (SHPING)?

    The all-time low of SHPING was 0 , from which the coin is now up 0%. The all-time low price of SHPING (SHPING) is 0. The current price of SHPING is up 0% from its all-time low.

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  • Is SHPING (SHPING) a good investment?

    SHPING (SHPING) has a market capitalization of $5.10M and is ranked #1403 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze SHPING (SHPING) price trends and patterns to find the best time to purchase SHPING.

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