There’s no such thing as a verified cryptocurrency called "Shrimp Paste." But if you’ve searched for "SHRIMP crypto," you’ve probably seen multiple tokens with that exact ticker symbol - and that’s the problem.
Three Different SHRIMP Tokens, One Confusing Name
SHRIMP isn’t one coin. It’s three separate tokens on three different blockchains, all using the same name. This isn’t an accident. It’s a common scam tactic: copy a simple, catchy name and flood the market with fake projects hoping someone will mix them up.
The first is Aptos SHRIMP, built on the Aptos blockchain. It was launched by a group called Aptomingos, claiming to be a community-driven token with a "Barbecue" burn mechanism - meaning your tokens get burned if you don’t participate in certain activities. They promised to fund charity projects, including one to save flamingos. But there’s no public proof they ever delivered on those promises. Their GitHub repo has only three commits since launch, and their last community update was in September 2023.
The second is Smithii SHRIMP, running on Solana. It’s tied to a platform called Smithii that lets anyone create a token for $100. Hundreds of people do this daily. SHRIMP here is just a demo token - not meant to be invested in, but to show how easy it is to launch something with no real value. The platform’s own GitHub shows dozens of support tickets from users who paid to create tokens, only to see the liquidity drained within days. Support? Unresponsive.
The third is Shrimp.Finance SHRIMP, an Ethereum-based ERC-20 token. Its contract address is 0x38c4102d11893351ced7ef187fcf43d33eb1abe6. This one has a wild history. It once hit an all-time high of $16.97. Today? It trades at around $0.0197. That’s a 99.88% drop. Its 24-hour trading volume? Just $1.90. That’s not a market - that’s a ghost town. It’s only listed on BC.Game, a gambling-focused exchange known for listing low-cap tokens with manipulated prices.
Why This Confusion Is Dangerous
Scammers rely on this exact kind of confusion. You see "SHRIMP" trending on Twitter. You click a link. You think you’re buying the "new Aptos meme coin." But you end up on a fake site, connecting your wallet to a contract you didn’t mean to interact with. Your funds vanish. No one’s there to help.
According to TRM Labs, the number of crypto projects using identical tickers across blockchains jumped 214% in 2023. These are deliberate clones. They’re not mistakes. They’re designed to trick people who don’t check the contract address or the blockchain.
Chainalysis found that 63% of all scam tokens in Q3 2023 had market caps under $500,000. All three SHRIMP tokens fall far below that. Shrimp.Finance SHRIMP’s market cap hovered around $224,746 as of September 2025. Aptos SHRIMP and Smithii SHRIMP are even smaller - barely registering on tracking sites.
No Liquidity, No Future
Liquidity is the lifeblood of any crypto asset. Without it, you can’t buy or sell without crashing the price.
Shrimp.Finance SHRIMP has a bid-ask spread of 18.7%. That means if you try to sell, you’ll lose nearly 20% of your money before the trade even goes through. On Aptos, the only exchange with liquidity is Liquidswap - which had only 122 active users in a 24-hour window. Smithii SHRIMP requires you to use Phantom wallet and manually input a token address. One wrong character? Your money’s gone.
These aren’t just illiquid. They’re dead. Etherscan shows only 1,287 unique holders for Shrimp.Finance SHRIMP. Aptos has 843. Smithii? No verifiable holder data at all. Institutional investors? None. Major exchanges? Not listed. Developers? Silent since 2023.
What the Experts Say
CryptoSlate calls tokens under $500,000 market cap "extremely high risk" - no liquidity, no developer commitment. CoinDesk labels identical tickers across blockchains as "confusion hazards" - tools used to exploit retail investors who don’t do their homework.
Messari’s tokenomics review called Aptos SHRIMP’s burn mechanism "theoretically interesting but practically untested." The "Barbecue" system sounds cool on paper, but there’s no transparency. No public wallet. No audit. No proof that the "charity subgoals" were ever funded.
Price predictions? Bitscreener says SHRIMP could hit $2.50 by 2040. That’s not analysis. That’s fantasy. CoinTelegraph’s study found 98% of long-term price predictions for low-cap tokens are pure guesswork.
Real People, Real Losses
Reddit is full of stories from people who lost money on SHRIMP tokens.
One user on r/CryptoMoonShots posted: "Lost $350 on Shrimp.Finance SHRIMP after seeing '1000x potential' claims - price dropped 87% in 2 hours with zero volume." That post got 247 upvotes. People agreed. They’d been burned too.
On Trustpilot, someone who used Smithii’s token creation service wrote: "Paid $100 to create a token. Liquidity pool drained overnight. Support unresponsive for 14 days." That’s not a bug. That’s the business model.
Aptos community members on Discord complained that the team promised five charity subgoals at launch - but only delivered two, and both were poorly executed. No updates since September 2023.
Should You Buy SHRIMP?
No.
There is no scenario where investing in any of these SHRIMP tokens makes financial sense. They have no utility. No development. No liquidity. No credibility. The only people making money are the ones who created them and dumped their holdings early.
If you’re looking for a meme coin with community and potential, look at projects with real track records - not copycat names with zero transparency.
SHRIMP isn’t a crypto opportunity. It’s a warning sign.
How to Avoid SHRIMP-Like Scams
- Always check the contract address - not just the ticker. A token named "SHRIMP" on Ethereum is not the same as one on Aptos.
- Look at the trading volume. If it’s under $10,000 per day, it’s likely manipulated.
- Check holder count. Fewer than 1,000 holders? High risk.
- Search for GitHub activity. No commits in six months? Project is dead.
- Never trust "1000x" claims on social media. If it sounds too good to be true, it is.
- Use only trusted exchanges. Listing on BC.Game, MEXC, or other obscure platforms is a red flag.
If you already own SHRIMP tokens, don’t hold out for a rebound. Sell what you can, cut your losses, and move on. The odds of recovery are near zero.
Is SHRIMP crypto a real coin?
No, there is no official "Shrimp Paste" crypto. "SHRIMP" refers to three separate, unrelated tokens on Aptos, Solana, and Ethereum - all with no real utility, minimal liquidity, and no credible development team. They exist only as speculative, high-risk assets with no long-term future.
Which SHRIMP token should I invest in?
None of them. All three SHRIMP tokens have market caps under $300,000, near-zero trading volume, abandoned development, and no institutional backing. They’re classified as high-risk scam tokens by multiple crypto analysts. Investing in any of them is extremely likely to result in total loss.
Why does SHRIMP have different prices on different sites?
Because they’re not the same token. Each SHRIMP exists on a different blockchain and is traded on different exchanges. Prices vary wildly because there’s no unified market. The $16.97 all-time high you see is from Shrimp.Finance SHRIMP - a token that’s now worth less than 0.2% of that. Other SHRIMP tokens never came close to that price.
Can SHRIMP tokens reach $1 or $10 again?
It’s mathematically impossible for Shrimp.Finance SHRIMP to return to $1 or $10 without a massive, unrealistic increase in market cap - over $200 million. No development team, no exchange listings, no community support, and no liquidity make any recovery extremely unlikely. Predictions claiming otherwise are not based on data - they’re designed to lure new buyers.
Is SHRIMP listed on Binance or Coinbase?
No. None of the SHRIMP tokens are listed on Binance, Coinbase, Kraken, or any other major exchange. They’re only available on obscure, low-trust platforms like BC.Game and Liquidswap - which often list tokens with manipulated prices and no real demand.
How do I check if a SHRIMP token is a scam?
Check the contract address on Etherscan, Solana Explorer, or Aptos Explorer. Look at the number of holders - if it’s under 1,000, it’s likely a dead project. Check the 24-hour trading volume - if it’s under $10,000, it’s easily manipulated. Search the team’s social media - if there are no updates in months, the project is abandoned. If you can’t find a whitepaper, GitHub, or audit, walk away.
If you’re new to crypto, avoid tokens with names like SHRIMP, DOGE, or any meme-style ticker that sounds like a joke. The real opportunities aren’t in these low-cap scams - they’re in projects with transparent teams, active development, and real use cases. Don’t let a catchy name trick you into losing money.
Man, I’ve seen this exact pattern a dozen times-same ticker, different chains, zero substance. It’s like someone took a meme generator and said, ‘Let’s monetize confusion.’ The fact that people still fall for it? Wild. I’ve got a buddy who lost $800 on one of these SHRIMP tokens last year. He thought it was ‘the next Doge.’ Spoiler: it wasn’t. No team, no roadmap, no liquidity. Just a contract address and a dream.
SHRIMP? More like SHRIEK-because that’s the sound your wallet makes when you realize you just sent ETH to a ghost. These tokens aren’t scams-they’re psychological warfare. They prey on FOMO, on the desperate hope that maybe-just maybe-this time, the joke coin will turn real. But no. There’s no ‘Barbecue Burn’ mechanism that saves anything but the devs’ bank accounts. And that ‘charity for flamingos’? Please. If they’d donated even $500, the contract would’ve shown it. It’s all theater. And we’re the audience.