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  • After Mind-Blowing Price Spike, Low-Cap Altcoin Loses Steam Amid Coinbase Retail Listing
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After Mind-Blowing Price Spike, Low-Cap Altcoin Loses Steam Amid Coinbase Retail Listing

by PumpMoonshot23 January 20220177
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A little-known, low-cap altcoin has sharply corrected after taking off on a mind-blowing 580% price spike this week in the wake of a surprise Coinbase Pro listing.

On Wednesday, Coinbase Pro listed Shping Coin (SHPING), an Ethereum-based token that powers the Shping App.

The listing launched the crypto asset on a staggering price surge that took it from $0.015 all the way to an all-time high of more than $0.102.

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The Shping App enables shoppers to earn rewards by comparing prices, scanning barcodes, watching videos and writing product reviews.

SHPING has since corrected by more than 64%, and the 501st-ranked crypto asset by market cap is trading at $0.036 at time of writing.

Amid SHPING’s massive price swings, the US-based crypto exchange has expanded full retail support for the token.

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The exchange also added full support for Stacks (STX). Customers can now purchase and trade both altcoins on Coinbase.com and the exchange’s mobile apps.

Stacks is an open-source blockchain linked to Bitcoin (BTC) by its consensus mechanism which spans the two chains, called proof of transfer. Through this architecture, Stacks aims to leverage Bitcoin’s security and enable decentralized applications (DApps) and smart contracts.

Coinbase Pro listed the crypto asset earlier this week.

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bitcoin Bitcoin
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ethereum Ethereum
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7D Chart2.55%
ripple XRP
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polkadot Polkadot
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vechain VeChain
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theta-token Theta Network
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  • bitcoinBitcoin(BTC)€28,695.083.82%
    BITCOIN
    24H : 3.82%
    Volume : €28,055,733,196.86
    Marketcap : €544,030,934,128.24
  • ethereumEthereum(ETH)€1,908.322.55%
    ETHEREUM
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    Marketcap : €229,929,368,304.46
  • tetherTether(USDT)€0.9480.210%
    TETHER
    24H : 0.210%
    Volume : €49,411,167,679.84
    Marketcap : €70,109,611,283.29
  • usd-coinUSD Coin(USDC)€0.9490.230%
    USD COIN
    24H : 0.230%
    Volume : €6,724,278,503.23
    Marketcap : €49,835,176,869.05
  • binancecoinBNB(BNB)€289.564.23%
    BNB
    24H : 4.23%
    Volume : €1,586,352,530.13
    Marketcap : €48,513,259,488.95
  • rippleXRP(XRP)€0.3971.16%
    XRP
    24H : 1.16%
    Volume : €2,061,564,158.23
    Marketcap : €19,155,207,163.14
  • binance-usdBinance USD(BUSD)€0.9490.020%
    BINANCE USD
    24H : 0.020%
    Volume : €6,339,227,180.69
    Marketcap : €17,564,001,657.21
  • cardanoCardano(ADA)€0.5031.05%
    CARDANO
    24H : 1.05%
    Volume : €810,366,687.59
    Marketcap : €16,961,629,571.74
  • solanaSolana(SOL)€49.332.22%
    SOLANA
    24H : 2.22%
    Volume : €1,554,951,675.55
    Marketcap : €16,597,265,314.82
  • dogecoinDogecoin(DOGE)€0.0820.920%
    DOGECOIN
    24H : 0.920%
    Volume : €474,323,666.91
    Marketcap : €10,845,345,348.50
  • polkadotPolkadot(DOT)€9.511.58%
    POLKADOT
    24H : 1.58%
    Volume : €625,720,906.22
    Marketcap : €10,560,720,749.75
  • wrapped-bitcoinWrapped Bitcoin(WBTC)€28,636.503.68%
    WRAPPED BITCOIN
    24H : 3.68%
    Volume : €465,656,680.40
    Marketcap : €7,967,158,648.99
  • staked-etherLido Staked Ether(STETH)€1,874.892.62%
    LIDO STAKED ETHER
    24H : 2.62%
    Volume : €24,851,471.99
    Marketcap : €7,832,007,090.67
  • avalanche-2Avalanche(AVAX)€28.25-2.73%
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    24H : -2.73%
    Volume : €691,470,266.96
    Marketcap : €7,573,174,490.55
  • tronTRON(TRX)€0.0702.70%
    TRON
    24H : 2.70%
    Volume : €931,327,061.21
    Marketcap : €6,778,966,728.91
  • shiba-inuShiba Inu(SHIB)€0.0000110.220%
    SHIBA INU
    24H : 0.220%
    Volume : €378,248,386.15
    Marketcap : €6,150,336,583.63
  • daiDai(DAI)€0.9490.060%
    DAI
    24H : 0.060%
    Volume : €386,212,372.56
    Marketcap : €5,808,530,451.36
  • litecoinLitecoin(LTC)€67.395.00%
    LITECOIN
    24H : 5.00%
    Volume : €660,152,141.00
    Marketcap : €4,721,933,322.51
  • crypto-com-chainCronos(CRO)€0.1853.84%
    CRONOS
    24H : 3.84%
    Volume : €32,176,593.78
    Marketcap : €4,659,125,663.48
  • leo-tokenLEO Token(LEO)€4.700.520%
    LEO TOKEN
    24H : 0.520%
    Volume : €2,433,532.24
    Marketcap : €4,391,236,779.30
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