Keep your crypto safe and access your funds seamlessly with the Binance.US multi-crypto wallet. USD deposits are protected by FDIC insurance.
Still, it’s important to keep in mind that cryptocurrency trading and investing carries high financial risk. Meme coins can be super volatile, so you should always DYOR and never invest what you cannot afford to lose. .
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The popular crypto analyst is also bullish on $COTI, the native token of Cardano Foundation-backed enterprise-grade FinTech platform COTI.
The current technical analysis at SHIB/USDT based on the H4 chart suggests that the price is hovering slightly below the 50-period simple moving average, which could be opening the doors for a leg lower towards $0.000060 in a first degree.
Contrary to this assumption, if the price plummets below the 20-day EMA, traders may rush to the exit. That could pull the price down to the 50-day SMA ($39.87).
Pi goes through regular “halving” to protect it from scarcity. The number of coins a miner gets for processing new transactions is reduced by half after reaching a milestone.
This year, dogecoin's record rise put so much pressure on the platform's crypto trading systems, that it was briefly broken. It said this week that cryptocurrencies accounted for nearly 20% of its transaction-based revenues in the third quarter, or about $51 million. That's an 860% increase from the same period last year.
Brooks quit his role at San Francisco-based Binance.US, citing "differences over strategic direction" in the Twitter post. He worked only three months at the company, which is the American counterpart to Binance — the Chinese company that operates the largest cryptocurrency exchange by volume.
Dogecoin and Shiba Inu, along with hundreds of other meme cryptocurrencies, are known as meme coins or meme tokens. For example, Dogecoin and Shiba Inu were inspired by memes of an adorable Shiba Inu dog, while PepeCoin (MEME) was inspired by Pepe the Frog, a popular anthropomorphic frog meme.
There is also a 25% discount to your fee if you use Binance Coin (BNB) to pay your transaction fee. To do this, you just have to hold Binance Coin in your Binance.US account, and your trading fee will be automatically deducted from your Binance Coin balance.
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But the meme coin-mania seems to be far to fade away, at least for now, as personalities like Elon Musk, CEO of Tesla, and a fanatic of the cryptocurrencies keep making headlines about these kinds of tokens.
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Meanwhile, on WazirX, an Indian crypto-currency exchange platform, SHIB overtook Bitcoin’s position as the top traded token in the Indian rupee market this week. “In the past 24 hours, over $320 Million worth SHIB has been traded on WazirX. This market movement has also caused WazirX to record an all-time-high 24-hour trading volume of over $560 Million,” said Nischal Shetty, founder, and CEO of WazirX.
— Despite regulators like SEC Chair Gary Gensler moving to crack down on the industry, Smith predicted the industry will ultimately score some policy wins. “From a regulatory standpoint, it's almost as though industry and regulators are kind of building the plane while it's in the air,” Grimaldi said. “And I think that there's opportunity there. There's risk, but there's certainly opportunity there.”
This is supposedly one of the Pi network’s biggest security features. The network allows an individual to have only one Pi account, to ensure transparency and equality.