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.
If an investor believes in the technology-backed digital currency, then cryptocurrency should be his cup of tea. Just a decade-old asset class, it has yielded astronomical returns over the years. Some investors look to use these digitally coded tokens to hedge against inflation. Despite high volatility and speculations, there are multiple reasons that they can become mainstream in the coming future.
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There's already a meme coin named after Elon Musk's new Twitter handle - and it jumped 825% in its 1st day of trading
The country will be the first to recognise the crypto-currency as legal tender from September 7.
Buying interest in options tracking cryptocurrency ‘exploded’ after launch of bitcoin exchange traded fund
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Typically valued for less than one dollar, Loopring prices are now over $3 a share.
Binance vs Binance.US - If you want to trade on Binance, the choice is relatively simple. If you are based in the United States, Binance.US is your only available option. If you are outside the U.S., you can trade on Binance's main exchange. This blog will explain the major differences between each platform.
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(Bloomberg) -- Crypto exchange Binance.US, whose chief executive officer recently resigned, just appointed a new president.
If current trends continue, observers predict that the last Bitcoin unit will be mined sometime in the mid-22nd century, for instance — not exactly around the corner.
As its name suggests, you can use cryptocurrency to make purchases. But your purchasing power is limited; crypto isn’t yet widely accepted among retailers and other businesses.
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Take a deep dive into the Shiba Inu white paper for its ultimate goal. It is a part of a very robust token ecosystem. But there’s nothing to be done with these tokens. You can farm them, you can stake them, you can vote with them. However, there’s no end goal but to gain value.
“Every single day, the concept that it could be worth something, it could be a store of value is being continually approved by more large, powerful entities,” Johnson says, pointing to established financial institutions holding digital currencies and large corporations adding them to their corporate balance sheets. “The idea that it’s actually worth something is continuing to grow as adoption and acceptance continues to grow as well.”