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View ChartShareToken (SHR) is a digital utility token launched in 2018 on the Ethereum platform, designed to power payments for sharing services across industries and geographies on the ShareRing platform. ShareRing is an open-source, blockchain-based ecosystem that uses distributed ledger technology and a dual token mechanism to connect consumers with sharing and renting services worldwide. According to its developers, the sharing economy is fragmented and difficult for consumers to navigate, and ShareToken addresses this by offering a single decentralized marketplace and digital currency for secure global service access and payment. The project's total supply stands at approximately 6.63 billion SHR, with a maximum supply of 6.74 billion SHR and a circulating supply reported at roughly 3.61 billion SHR. Following a contract migration completed on September 29, 2025, SHR moved to a new ERC-20 contract with a fixed supply of 6.74 billion tokens, all minted upfront with non-circulating tokens locked for security and transparency. The project remains in an active development phase, expanding its identity, payment, and eSIM integrations.
ShareRing, and by extension the ShareToken, was co-founded by six individuals: Tim Bos, who serves as CEO and is an experienced blockchain engineer and entrepreneur; Rohan Le Page, who has an extensive background in the automotive industry and served as chief operating officer until June 2020; Peter David; Neville Christie; Jane Sadler-Kidd; and Barry Brewster. Bos, David, Christie, Sadler-Kidd, and Brewster were already working on car-sharing and rental technology solutions well before ShareToken and ShareRing existed. Their earlier white-label car-sharing solution, Keaz, gave the founders direct experience with the software needs of car-pooling, ride-hailing, and vehicle rental services. The remainder of the ShareRing team comes from a wide range of disciplines and includes a mix of developers, engineers, and other specialists.
ShareToken operates on the Ethereum platform and is supported by the ShareLedger blockchain, which underpins the ShareRing ecosystem and its range of modules. The platform uses a dual token mechanism: ShareToken (SHR) functions as the utility token, while SharePay (SHRP) serves as the currency for sharing services. SHR is used to pay for sharing services across industries and geographies on the ShareRing platform, which includes the ShareRing application, the ShareRing shop, and each user's ShareRing ID. The token is also used to pay transaction fees on the ShareRing network and can be staked to earn rewards known as flowbacks. ShareRing has developed a number of blockchain-supported modules, including bookings management, self-sovereign identity, reviews, dispute resolution, a reward system, and a stable coin that facilitates low FX payments in fiat and a number of cryptocurrencies. In 2025, the project completed a contract migration to a new ERC-20 contract, removing legacy ICO and reward logic, lowering transaction costs, and introducing a fixed supply with improved staking support and liquidity management.
ShareToken's primary distinction is its focus on unifying the fragmented sharing and renting economy into a single decentralized marketplace. Coinbase has described ShareToken as "The world's first trusted token for sharing services." The project targets the travel industry in particular, with TravelRing created in 2019 as the first B2B consumer-first example of what the ShareRing platform can achieve, alongside plans for a travel app supporting hotel bookings, flight bookings, activity bookings, and eVOA applications. The dual token mechanism separates utility from service payment, while the ShareLedger blockchain supports modules for identity, reviews, dispute resolution, and rewards. The migration completed in September 2025 positioned SHR for long-term scalability and transparency, with a fixed supply, accurate supply reporting integrated with major data aggregators, higher swap limits, stronger staking support, and improved liquidity management. $SHR powers identity, payments, eSIMs, and future integrations within the ecosystem.
SHR serves several core functions within the ShareRing ecosystem. It is used to make payments for sharing services across industries and geographies on the ShareRing platform, including the ShareRing application, ShareRing shop, and each user's ShareRing ID. It is also used to pay transaction fees on the ShareRing network. Holders can stake SHR tokens to earn rewards known as flowbacks. Beyond payments and staking, SHR is positioned at the center of the ecosystem, powering identity, payments, eSIMs, and every new integration. The platform's blockchain-supported modules cover bookings management, self-sovereign identity, reviews, dispute resolution, and a reward system, with a stable coin facilitating low FX payments in fiat and a number of cryptocurrencies. The companion token, SharePay (SHRP), functions as the currency specifically for sharing services.
The ShareRing ecosystem continues to expand across identity, payments, and travel-related services. Recent product activity includes the launch of a no-code identity verification page, the Prompt Pass pilot with Thailand Post, and the announcement that the product now has 50,000 storefronts. Blog posts from 2026 cover topics such as device-level age verification in Britain, app store age checks in Australia, and privacy-focused KYC, reflecting the project's focus on digital identity and privacy. Platform partnerships listed include AWS, Google Cloud, Microsoft, and Salesforce. The ShareRing platform encompasses the ShareRing application, ShareRing shop, and ShareRing ID, while TravelRing and a planned travel app extend into hotel, flight, and activity bookings plus eVOA applications. The September 2025 contract migration marked a significant milestone, ensuring SHR is positioned for long-term scalability and transparency.
ShareToken is not a mineable proof-of-work cryptocurrency. It operates as an ERC-20 utility token on the Ethereum platform, with its supply minted upfront following the September 2025 migration to a fixed supply of 6.74 billion SHR. Instead of mining, participants can stake SHR tokens to earn rewards known as flowbacks, which is the primary mechanism for earning additional tokens within the ecosystem. Staking is associated with Tim Bos, the CEO. The migration upgrade introduced stronger staking support as part of the new contract's enhanced functionality. Users who wish to migrate legacy SHR tokens held in self-custody wallets can do so by adding the new contract address and triggering a self-transfer of 0 SHR, a low-gas transaction that maps the balance to the new contract, after which normal transfers, staking, and swaps can resume.
Keeping SHR safe begins with verifying the correct contract address before interacting with any token. The new ERC-20 contract address is 0x192675d1e131b9e339f16603e21b01a845d8c21e, and users should always confirm that a wallet or service references this address. For the migration, users never need to send SHR to anyone; any request to do so is a scam. Those holding SHR on supported exchanges have had the migration handled automatically, while self-custody holders can complete migration through a self-transfer of 0 SHR to their own wallet address. Storing tokens in ERC-20 compatible wallets such as MetaMask or Trust Wallet on Ethereum Mainnet, keeping a small amount of ETH for gas, and verifying balances on Etherscan after migration are recommended practices. As with all crypto assets, market risk includes extreme volatility and the potential loss of entire capital, so users should stay informed through official ShareRing channels and never share private keys or seed phrases.
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Thank you for your interest in BTCC. Currently, spot and futures trading services for SHR are not supported. As a leading digital asset platform, BTCC is committed to providing a secure and stable trading environment. We recommend completing your account registration and identity verification (KYC) to explore other premium assets and exclusive benefits available on BTCC.
As of right now, the live price of ShareToken (SHR) is $0.000272. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated SHR to USD rate at the top of BTCC’s price page. In terms of market scope, ShareToken records a 24h trading volume of $13.676273K (reflecting total buying and selling activity over the last 24 hours), with a total market cap of $977.634843K. Its current circulating supply stands at 3.61B out of a maximum supply cap of ∞.
The price volatility of ShareToken (SHR) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (3.61B) to max supply (∞), as well as token unlocks and burn mechanisms; 3) Fundamental developments, such as ecosystem expansion, on-chain activity, and core protocol upgrades; and 4) Derivatives market dynamics, including leverage battles and liquidation cascades in perpetual contracts.
Looking at its historical price performance, ShareToken (SHR) hit an all-time high (ATH) of $0.098556 on 2021-03-31 19:50, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at $0.000153 on 2026-04-05 09:35. Note that historical highs and lows reflect past performance only and do not guarantee future price trends; investment decisions should always align with live market conditions and your personal risk tolerance.
When trading SHR futures on BTCC, technical chart analysis begins with identifying key support and resistance levels on 1D and 4H charts using historical price pivots. Next, apply MA/EMA indicators to gauge trend directions, alongside RSI (values above 70 indicate overbought conditions, while below 30 suggest oversold levels). Always validate breakout signals with the 24h trading volume ($13.676273K), as price breakouts accompanied by strong volume offer higher reliability.
Unlike spot trading where you can only profit from rising prices, BTCC’s SHRUSDT perpetual contracts support two-way trading. If you anticipate a price decline for ShareToken, simply log into your BTCC account with USDT margin available, navigate to the SHRUSDT pair, set your desired leverage and Take-Profit/Stop-Loss levels, and click "Sell/Short". Once the price drops to your target, close your position to lock in profit from the price difference.
Yes. BTCC offers flexible, high-tier leverage options for SHRUSDT perpetual futures, providing up to 500x leverage (maximum leverage limits may vary depending on liquidity). While leverage boosts capital efficiency by allowing you to control larger position sizes with less margin, it also amplifies liquidation risks proportionately. BTCC strongly advises using Stop-Loss orders to strictly manage risk when trading with high leverage.
Beginners and traders testing new strategies can switch to BTCC's "Demo Trading" mode with a single click on the App or Web interface. The demo account comes pre-loaded with risk-free virtual funds (such as 100,000 USDT). Powered by live market prices (current price: $0.000272), you can practice opening/closing positions, adjusting leverage, and setting TP/SL for SHRUSDT with zero financial risk.
Trading ShareToken (SHR) on BTCC requires just 4 simple steps: 1) Register a BTCC account and complete basic Identity Verification (KYC); 2) Buy USDT using fiat via credit card/express payment, or deposit USDT/BTC directly from an external wallet; 3) Navigate to the Futures section, search for SHRUSDT, and review its live price ($0.000272) and chart; 4) Select your margin mode and leverage, choose "Buy/Long" or "Sell/Short" based on your market outlook, set TP/SL orders, and confirm your trade.
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