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Bitcoin wasn’t the only cryptocurrency to feel the effects of Tesla’s decision. (Pic: Shutterstock)
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Crypto billionaire Sam Bankman-Fried says solana is better than ethereum as it's one of the few networks able to handle mass adoption
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And, while it has big ambitions, its current market value is someway below the $1 dollar threshold - but has experienced a steady increase in price since its launch.
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People in the crypto community say it will be the next “Shiba Inu or Safemoon” due to its tremendous growth and expected great things ahead.
Like many other meme-based altcoins, Safemoon is a very high-risk investment. If you’re game, read on and find out how to buy Safemoon tokens of your own.
MoneyNews MoneyCRYPTO CRASH? Cryptocurrency price LIVE – Shiba Inu coin UP today and Bitcoin down as Evergrande ‘default’ sparks crash fears
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But this time feels different. It feels like a bubble. The fever in the post-Thanksgiving moonshot ran hotter than we’d seen before. We also began to see a robust supply response.
As per CoinMarketCap, the value of SafeMoon currency is 0.000003967 US dollars, with a market cap of 2.2 billion US dollars. The digital currency has encountered a consistent expansion in its costs since its launch in the market.
One key thing to look out for is Safemoon to be added as a tradeable asset by a major broker or crypto exchange. Many of the best trading platforms will allow users to request assets to be added to the platform. If a request gets enough traction, the platform may look into its viability and then decide whether or not to add it.
Results were generated a few mins ago. Pricing data is updated frequently. Currency in USD
Cryptocurrency prices today: Ether, the coin linked to ethereum and the second largest crypto, tumbled over 3% Bitcoin hit another record high of near $69,000 on Wednesday, however, the world's largest cryptocurrency by market capitalization plunged from the level today as its prices fell over 4% to $64,458. Meanwhile, the total market capitalisation of cryptocurrencies fell below $3 trillion dragged by the fall in the virtual tokens, as per CoinGecko. Ether, the coin linked to ethereum and the second largest crypto, tumbled more than 3% to $4,591. Ether has been trading around an all-time high, catching up with bitcoin's rally and riding on news of wider blockchain adoption. Premium Premium SEC halts registration of 2 digital tokens over alleged ... Premium Premium Twitter launches cryptocurrency team to explore bitcoin ... Dogecoin price was down 6% to $0.25 whereas Shiba Inu also plummeted near 11% to $0.000049. The performance of other cryptocurrencies like Cardano, Litecoin, XRP, Polkadot, Uniswap, Stellar also declined as they were trading with cuts over the last 24 hours. Bitcoin's ride has been volatile as the most popular digital token plunged below $30,000 in June amid criticism of its energy consumption and China’s cryptocurrency crackdown. It then began to recover in part as the crypto sector adjusted to China’s broadsides. Bitcoin price last scaled a record in October following the launch of the first Bitcoin-linked exchange-traded fund for U.S. investors. The spot price of gold has dropped 1.8% this year, while Bitcoin has gained more than 130% in that span, according to data compiled by Bloomberg. Meanwhile, inflows into bitcoin products and funds have hit a record $6.4 billion so far this year, data from digital asset manager CoinShares showed, and totaled $95 million last week. Premium 3 Indian Pharma Companies that are Investing Big Time f ...