Shardeum SHM

Where SHM sits in the market

Shardeum ranks #3538, in the upper long tail, past the point where most data providers stop publishing supply figures, far outside the set of assets that carry continuous market-maker coverage. At this end of the table the first question is data integrity rather than valuation: a quote can originate from a single pool or a single venue, reported volume is difficult to verify independently, and the distance between the last print and a genuinely executable price can be wide. Treat any indicator computed on this series as provisional.

CryptoPingAi is currently streaming 1 live SHM order book (Gate.io). That is thinner coverage than a #3538 ranking would normally imply — a move on one of these books is close to the whole market for SHM, with no deep second venue to arbitrage it back. None of the books we see for SHM are regulated US or Korean venues, so this is an offshore-quoted asset — availability, and the price itself, depend on which jurisdiction you trade from.

SHM against its all-time high

SHM has given back 58.7% from its $0.00009284 high (on 2026-03-10). Recovery now needs 2.42x — a full trend, not a bounce. Statistically this is the depth at which the reference point people quote shifts: the prior high stops being a target and starts being a ceiling that gets mentioned only after price has already run. That high was set about a year ago, recently enough that it still anchors how most current holders frame the asset.

SHM across its historical range

The recorded range is comparatively narrow: 1.95x between $0.00004766 and $0.00009284. Either the price history is short, or the asset is designed not to move.

At -19.5% above its record low of $0.00004766 (on 2026-05-08), SHM sits near the edge of its own price history. Nothing has traded beneath that level, so there is no support to reference, no volume shelf and no cost-basis cluster underneath. That low is recent, so this is an active downtrend rather than an old floor holding: each fresh low retires the previous one as a reference.

SHM supply and valuation data

Supply figures for SHM are self-reported at this rank rather than reconciled against the chain, so we publish the valuation we have and not a circulating-supply number we cannot check. What we do have is a fully diluted valuation of $3.0 million as of 2026-05-12. That sits around the middle of the distribution — roughly half the assets tracked here carry a smaller fully diluted value.

Since the figure is a snapshot rather than a live number, we do not reverse it into a supply count: the price has moved since it was taken, and that division would produce a confident but incorrect token count. For any per-token valuation, check the current supply on the project's own explorer first.

What kind of asset SHM is

Shardeum is a base-layer network, so SHM is simultaneously the chain's security budget and its unit of account rather than a claim on a business. Value accrual runs through validator economics and through whatever activity settles on the chain itself.

CoinGecko files SHM under 3 categories, including Infrastructure, Layer 1 (L1).

How to set a Shardeum alert that is worth receiving

Shardeum (SHM) — quoted on 1 venue we stream — high dated 2026-03-10 — rank #3538. On this profile the condition that carries signal is a single downside threshold sized to your risk tolerance plus a volume alert.

Full alert-design method: thresholds, RSI/MACD and volume conditions →