Shrapnel (SHRAP) Price

$0.0008668375322444324

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Shrapnel (SHRAP) Price Today

The live price of Shrapnel is 0.0008668375322444324 USD. In the past 24 hours, the trading volume of Shrapnel was 12,926.84 USD, up by 15.32%. The current price has decreased by 1.06% from its 7-day high of 0.43 USD, and increased by 0.00044959% from its 7-day low of 0.0006103 USD. With a circulating supply of 3,000,000,000.00 Shrapnel, the market cap of Shrapnel is currently 6,132,340.00 USD, down by 0% in the last 24 hours. Shrapnel currently ranks #2700 by market capitalization among cryptocurrencies.

Shrapnel (SHRAP) Market Data

Market Cap

$1.3M

24h Volume

$12.9K

Circulating Supply

1.5B SHRAP

Maximum Supply

3B SHRAP

Fully Diluted Market Cap

$2.5M

Liquidity Indicator

0.98%

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About Shrapnel (SHRAP)

How can I buy Shrapnel (SHRAP)?

You can buy Shrapnel (SHRAP) on supported CEXs, DEXs, or crypto wallets, although it is not yet listed on BingX. See our How to Buy Shrapnel guide for details. Sign up with BingX to trade SHRAP first when it goes live.

What Is Shrapnel (SHRAP) and How Does It Work?

Shrapnel is a blockchain-enabled, AAA-style first-person shooter (FPS) game that blends competitive multiplayer gameplay with Web3 ownership. Built by industry veterans, Shrapnel focuses on fast-paced extraction-style combat, where players drop into hostile zones, fight opponents, collect valuable loot, and extract successfully to earn rewards. Unlike traditional shooters, Shrapnel integrates digital ownership directly into the game economy.

At the core of the ecosystem is the SHRAP token, which powers in-game transactions and incentives. Players can earn SHRAP through gameplay, tournaments, and ecosystem participation, and use it to purchase cosmetic items, gear, creator content, and other digital assets within the Shrapnel marketplace. The game also supports user-generated content (UGC), allowing creators to design maps, items, and experiences that can be monetized using SHRAP.

From a technical perspective, Shrapnel uses blockchain infrastructure to handle asset ownership, trading, and settlement, while keeping gameplay performance off-chain for speed and scalability. This hybrid approach allows players to enjoy a traditional, high-quality FPS experience while benefiting from verifiable ownership, open marketplaces, and a tokenized economy. As of January 2026, Shrapnel positions itself as one of the more ambitious attempts to merge competitive gaming with a sustainable Web3 economy.

When Did Shrapnel Launch?

Shrapnel was founded in 2021 by Neon Machine, a team of seasoned AAA game developers with experience on titles such as Call of Duty, Halo, and Bioshock, blending high-end game design with blockchain innovation. The project’s SHRAP token was first generated on April 29, 2023 as part of its token genesis event on the Avalanche C-Chain, marking the start of its on-chain economy.

Throughout late 2023 and early 2024, Shrapnel raised significant funding, including a $20 million Series A round, and built its community before launching an early access version of the game in February 2024 on the Epic Games Store, with ongoing updates and broader launch plans continuing into 2025 and beyond.

Shrapnel Roadmap Highlights

- 2021: Project founded by Neon Machine, initial development begins.

- April 29, 2023: SHRAP token generation (TGE) completed.

- October 2023: $20 million Series A funding round closed.

- December 2023: Community growth milestones; pre-launch signups exceed 100,000.

- February 2024: Early access launch on Epic Games Store and first monthly Training Exercise event.

- May 2024: Marketplace V1 released.

- 2025: Continued development toward full free-to-play launch and expanded global rollout.

What Is the SHRAP Token Utility?

The SHRAP token is the native utility and governance token of the Shrapnel ecosystem, designed to power the game’s tokenized economy and give players real economic interaction with the platform. Within Shrapnel, SHRAP is used to publish and mint player-created content such as skins, maps, and other digital assets on-chain, making them tradable and ownable by players.

It also serves as the primary medium of exchange in the Shrapnel marketplace and enables community governance, allowing token holders to vote on DAO proposals and influence content promotion and game development direction. Additionally, SHRAP can function as a reward for gameplay and content engagement and is intended to subsidize gas fees within the game’s subnet for a smoother user experience.

On BingX spot market, you can easily trade SHRAP tokens by navigating to the SHRAP/USDT trading pair page, where you can place spot buy or sell orders. Simply fund your account with the relevant base asset, enter your order details (limit or market), and execute the trade. BingX’s user-friendly interface and real-time charts help you monitor price action and manage your positions efficiently.

What Is Shrapnel Tokenomics?

The SHRAP tokenomics describe how the Shrapnel ecosystem’s native token is supplied, allocated, and managed to support its game-driven blockchain economy. At the token genesis event (TGE), a total supply of 3 billion SHRAP tokens was created, and no additional tradable tokens beyond this maximum are expected to be minted, establishing a fixed supply cap.

SHRAP Token Allocation

- Community Rewards – 33%: Allocated to gameplay rewards, creator incentives, tournaments, and ecosystem participation to drive long-term player and creator engagement.

- Team & Advisors – 27%: Reserved for core contributors and advisors, typically subject to multi-year vesting schedules to align incentives with long-term development.

- Seed & Private Investors – 20%: Distributed to early backers who supported Shrapnel’s initial development and funding rounds.

- Ecosystem Fund – 8.5%: Used to support partnerships, platform expansion, third-party developers, and tooling around user-generated content.

- Market Making & Liquidity – 3%: Dedicated to ensuring sufficient liquidity and healthy trading conditions across exchanges.

- Public Distribution – 1.5%: Allocated to public sales and early community access initiatives.

How Does Shrapnel Differ From Other Gaming Projects?

Shrapnel stands out from many blockchain and GameFi titles by combining AAA-quality first-person shooter gameplay with true digital ownership and creator tools, rather than focusing primarily on low-effort “play-to-earn” mechanics or simple NFT gimmicks. Built with Unreal Engine and inspired by popular extraction shooters, the project prioritizes engaging, skill-based combat and immersive shooter design first, while layering in blockchain features like player-created NFTs and token-driven economies in a way that doesn’t interfere with core gameplay. This gamer-first approach contrasts with many Web3 games that feel more like marketplaces than actual games.

In addition, Shrapnel emphasizes community creativity and ownership by enabling players to mint, trade, and monetize their own in-game content, from skins to maps, on blockchain, creating a vibrant creator ecosystem rather than a closed system controlled solely by developers. Its hybrid on-chain/off-chain design aims to balance performance with blockchain benefits, while strategic initiatives like localized licensed launches, e.g., in China, show ambition beyond typical crypto gaming projects. This blend of AAA gameplay, true ownership, and economic incentives helps Shrapnel differentiate itself from many other blockchain gaming efforts that either lack depth or struggle to integrate Web3 features meaningfully.

What Blockchain Network Does Shrapnel Operate on?

The SHRAP token is an ERC-20 token created on the Avalanche C-Chain and brought into the Shrapnel subnet for use within the game’s economy. This means Shrapnel leverages the Avalanche blockchain, known for its fast finality and low fees, while using a dedicated subnet to power in-game transactions and digital asset ownership.

Which Wallets Support SHRAP Tokens?

One of the easiest ways to hold SHRAP tokens is by storing them directly on your BingX wallet after purchasing or depositing SHRAP, where you can securely view, send, and receive the token alongside other assets supported on the platform. This gives you convenient access to trading features and balance tracking without needing a separate Web3 wallet.

For users who want self-custody and broader Web3 interactions, a variety of external wallets support SHRAP because it’s an EVM-compatible token on the Avalanche C-Chain. Popular options include MetaMask, which lets you add and manage SHRAP by importing the token’s contract address and interact with decentralized apps on Avalanche, and Trust Wallet, a multi-chain mobile wallet that supports Avalanche assets and offers in-app DApp browsing. You can also use desktop or hardware options like Atomic Wallet or Ledger/Trezor via compatible interfaces to hold and secure SHRAP yourself.

Is Shrapnel (SHRAP) a Good Investment?

Shrapnel (SHRAP) is often viewed by investors as a compelling opportunity because it combines AAA-quality gaming potential with blockchain-driven digital ownership, positioning it at the intersection of two fast-growing markets: competitive gaming and Web3 economies. The project has secured significant funding from top gaming and crypto investors, and its early access launch has shown strong user engagement and community growth, factors that can help drive long-term adoption and utility. Additionally, SHRAP’s fixed token supply and real in-game use cases for earning and spending within its marketplace introduce potential demand drivers beyond pure speculation, while ongoing development and ecosystem expansion continue to attract attention from both gamers and crypto enthusiasts alike.

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