The edge that pays for itself.
ShareToken (SHR) Price
ShareToken Price
Advantages of Cryptocurrency
Decentralization & Financial Freedom
Cryptocurrencies operate on decentralized networks, removing the need for intermediaries like banks. This enables peer-to-peer transactions, financial inclusion for the unbanked, and resistance to censorship or government control.
Transparency & Security
Blockchain technology provides an immutable, transparent ledger of all transactions. Cryptographic security makes it extremely difficult to counterfeit or double-spend, offering strong protection against fraud.
Global Accessibility
Anyone with an internet connection can send and receive cryptocurrency worldwide, 24/7, without geographic restrictions or banking hours. This is particularly valuable for international remittances.
Investment Potential
Cryptocurrencies have demonstrated significant long-term appreciation potential. Early investors in Bitcoin and Ethereum saw extraordinary returns, and the asset class offers portfolio diversification benefits.
Risks of Cryptocurrency
High Volatility
Cryptocurrency prices can fluctuate dramatically – often by 20–50% or more within short periods. This high volatility makes them inherently risky investments, and significant capital losses are possible.
Regulatory Uncertainty
The regulatory landscape for cryptocurrencies is still evolving globally. Sudden regulatory changes can significantly impact prices and accessibility, creating legal and compliance risks for investors and businesses.
Security Risks
Hacks, scams, and phishing attacks are prevalent in the crypto space. The irreversible nature of blockchain transactions means stolen funds are rarely recovered. Users must secure their private keys and wallets diligently.
Environmental Impact
Proof-of-Work cryptocurrencies like Bitcoin require substantial computational energy, raising environmental concerns. While the industry is transitioning toward more energy-efficient consensus mechanisms, the carbon footprint remains a significant criticism.
History of Cryptocurrency
The history of cryptocurrency begins with Bitcoin, introduced in 2009 by the pseudonymous Satoshi Nakamoto. The Bitcoin whitepaper, published in October 2008, proposed a peer-to-peer electronic cash system enabling online payments directly between parties without going through a financial institution.
Bitcoin's first recorded commercial transaction occurred in May 2010 when Laszlo Hanyecz paid 10,000 BTC for two pizzas – a transaction now celebrated annually as Bitcoin Pizza Day.
The Rise of Altcoins
Following Bitcoin's success, thousands of alternative cryptocurrencies (altcoins) emerged. Ethereum, launched in 2015 by Vitalik Buterin, introduced smart contracts – self-executing agreements coded into the blockchain – enabling decentralized applications (dApps) and decentralized finance (DeFi).
The ICO Boom and Market Crash
The years 2017–2018 saw an explosion of Initial Coin Offerings (ICOs), where new projects raised funds by selling tokens. Bitcoin reached nearly $20,000 in December 2017 before crashing dramatically in 2018, triggering a prolonged crypto winter.
Institutional Adoption
The 2020–2021 bull run saw unprecedented institutional interest, with companies like MicroStrategy and Tesla adding Bitcoin to their balance sheets. Bitcoin hit new all-time highs above $60,000. The launch of Bitcoin ETFs and growing regulatory clarity further legitimized the asset class.
DeFi, NFTs & Web3
Decentralized finance (DeFi) protocols, non-fungible tokens (NFTs), and the broader Web3 movement transformed the cryptocurrency landscape. Platforms like Uniswap, Aave, and OpenSea enabled entirely new financial and digital ownership models.
Today, the cryptocurrency market encompasses thousands of digital assets with a combined market capitalization in the trillions of dollars, representing a fundamental shift in how the world thinks about money, finance, and digital ownership.
Exchange
| Exchange | Market Pair | Price | Depth +2% | Depth -2% | Volume 24H | Volume % | Type | Liquidity Rating | Freshness |
|---|---|---|---|---|---|---|---|---|---|
| KuCoin | SHR/USDT | 0.00 | 1,556.63 | 5,366.51 | 99,147.88 | 0.01 | cex | 299.00 | 7/9/2025, 6:23 AM |
| Gate | SHR/USDT | 0.00 | 79.16 | 387.26 | 80,736.38 | 0.00 | cex | 43.00 | 7/9/2025, 6:23 AM |
| Tothemoon | SHR/USDT | 0.00 | 30.52 | 27.98 | 1,287.96 | 0.00 | cex | 1.00 | 4/15/2025, 12:27 PM |
| ProBit Global | SHR/BTC | 0.00 | 0.00 | 0.00 | 475.81 | 0.00 | cex | 1.00 | 7/9/2025, 6:15 AM |
| ChangeNOW | SHR/BTC | 0.00 | 102.61 | 102.61 | 178.69 | 0.00 | cex | 42.00 | 7/9/2025, 6:18 AM |
| KuCoin | SHR/BTC | 0.00 | 0.00 | 0.00 | 56.16 | 0.00 | cex | 1.00 | 7/9/2025, 6:23 AM |
| Gate.io | SHR/ETH | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | cex | 1.00 | 4/8/2025, 6:32 AM |
ShareToken FAQ
ShareToken is a digital utility token utilized for making payments for sharing services across various industries and geographies on the ShareRing platform, which encompasses the ShareRing application, ShareRing shop, and each user's ShareRing ID. ShareRing is an open-source, blockchain-based platform that leverages distributed ledger technology and employs a dual token mechanism. According to the developers and founders of the ShareRing platform, the current service sharing economy is highly fragmented and complex, potentially overwhelming consumers. The integration of ShareToken within the ShareRing platform addresses this challenge by providing a unified decentralized marketplace and digital currency, enabling secure access to global services and facilitating payments. In 2019, the platform’s creators and the associated digital currency shifted their focus to the travel industry, resulting in the development of TravelRing—the first B2B consumer-first demonstration of the capabilities enabled by the ShareRing platform. In addition to being used for transaction fee payments on the ShareRing network, SHR tokens can also be staked to earn rewards, referred to as flowbacks.
ShareRing, along with its cryptocurrency ShareToken, was co-founded by six individuals: Tim Bos, Rohan Le Page, Peter David, Neville Christie, Jane Sadler-Kidd, and Barry Brewster. Prior to the inception of ShareToken and ShareRing, Bos, David, Christie, Sadler-Kidd, and Brewster were already engaged in developing technology solutions for car-sharing and rental services. They experimented with improving the accessibility of shared services. The development of a white-label car-sharing solution named Keaz provided the founders with insights into the requirements for offering consumers specialized software for car-pooling, ride-hailing, and vehicle rentals. Rohan Le Page, in contrast, has a significant background in the automotive industry and held the position of ShareRing's Chief Operating Officer until June 2020. The broader ShareRing team comprises professionals from various disciplines, including developers, engineers, designers, marketing experts, and others.
ShareRing was among the pioneers in implementing an innovative dual token mechanism consisting of ShareToken (SHR) and SharePay (SHRP). ShareToken serves as the utility currency within the ShareRing ecosystem. Conversely, SharePay functions as a stablecoin used for transactions involving sharing services through the ShareRing platform. SHRP facilitates payments for goods and services exchanged between users and service providers. The use of SharePay effectively simplifies the platform’s cryptocurrency interface, minimizing potential friction points for users who may be unfamiliar with cryptocurrency. In parallel, ShareToken powers the ShareRing ecosystem and its decentralized ledger, as service providers are required to utilize SHP tokens to cover their transaction fees. Together, these digital currencies enable consumers to fully capitalize on the ShareRing platform’s capabilities. The platform's founders envision ShareRing as the "Amazon of the service industry," providing an all-encompassing solution for accommodation, transport, and diverse activity services, eliminating the need for intermediaries and thereby reducing additional costs.
As of January 2021, there are 2.12 billion ShareTokens in circulation, from a maximum possible supply of 4.4 billion SHR. When ShareToken was first launched in late 2019, it had an initial circulating supply of 1.97 billion tokens. According to the ShareRing website, the initial supply of SHR was distributed as follows: - Cornerstone investors: 31% - Private Equity Investors/Institutional Investors: 1% - ICO: 11% - Core team: 11% - Airdrop: 1% - Operations (frozen tokens): 45% All team members have agreed to lock up their tokens and are now required to obtain approval from the ShareRing board if they wish to sell more than 10% of their SHR.
ShareToken was originally introduced as an ERC-20 token on the Ethereum blockchain and transitioned to the BEP2 standard in July 2019 with its launch on Binance Chain. As a BEP2 token, ShareToken derives its security from the underlying Binance Chain, which employs a Tendermint BFT and delegated proof-of-stake (dPOS) consensus mechanisms to safeguard against various types of attacks.
ShareToken is a token with moderate liquidity, available for trading on numerous exchange platforms. Centralized exchange options encompass Bilaxy, KuCoin, and Bithumb Global, while decentralized exchange (DEX) options include Uniswap (limited to ERC-20 SHR) and the Binance DEX. As of January 2021, ProBit Exchange is the sole platform offering a ShareToken to fiat trading pair (SHR/KRW). For further information on purchasing cryptocurrencies with a credit or debit card, please refer to our resources.
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