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    Bitcoin Price Resumes Increase as The Bulls Aim Larger Rally To $25K

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    Ethereum Price Holds Ground And Sees Fresh Rally, Bulls Are Not Done Yet

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    XRP Whales Accumulate Massive Tokens

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    Solana Rally Could Gather Pace above $30

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  • Analysis
    Bitcoin Price Resumes Increase as The Bulls Aim Larger Rally To $25K

    Bitcoin Price Resumes Increase as The Bulls Aim Larger Rally To $25K

    Ethereum Price Key Indicators Point Firming Case For Recovery Above $1,250

    Ethereum Price Holds Ground And Sees Fresh Rally, Bulls Are Not Done Yet

    Bitcoin Price Consolidates In Key Range, What Could Trigger Next Move

    Bitcoin Price Holds Key Support But The Bulls Seem To Be Losing Steam

    Ethereum Price Offers Trade Opportunities After Recent Bullish Breakout

    Ethereum Price Another Rejection Signals Risk of Bearish Reaction

    Polygon (MATIC) Surges Nearly 10% As zkEVM Network Update Draws Near

    Polygon (MATIC) Surges Nearly 10% As zkEVM Network Update Draws Near

    Rallies 10%, Polygon Bulls Aim Big

    Rallies 10%, Polygon Bulls Aim Big

    XRP Whales Accumulate Massive Tokens

    XRP Whales Accumulate Massive Tokens

    Solana Rally Could Gather Pace above $30

    Solana Rally Could Gather Pace above $30

    BNB Price Rebounds Toward $250 But Risk of Drop To $200 Still Exists

    Ethereum Price Drops 6% and Signals Risk of Trend Change Below This Support

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Listing the SHIB-DOGE trading pair may turn out to be win-win for Binanace

2021-11-02
in Altcoins
0
Listing the SHIB-DOGE trading pair may turn out to be win-win for Binanace
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The Crypto trade’s favourite canines are coming collectively on Binance because the change provides SHIB/DOGE buying and selling pair.

The meme-coins have taken over the cryptocurrency area together with the curiosity of many coin holders. Over the previous yr, we have now seen quite a few of those cash enter the realm and go away. However Dogecoin has remained as a meme coin since 2013. Its competitor/dog-friend, Shiba Inu noticed a meteoric rise because it surged by nearly 946% since 1 October, 2021.

This super progress in worth has created curiosity amongst buyers about the way forward for the mission, although the speculations of being a rip-off have been additionally doing the rounds. Nonetheless, the cryptocurrency exchanges have saved a watch on Shiba after DOGE’s sudden rally, and with a view to fulfill customers’ demand. And now, Binance has launched the right pair – SHIB/DOGE to get each communities concerned.

As per Binance, the SHIB/DOGE pair will start buying and selling from Tuesday, 2 November at 8:00 AM [UTC].

SHIB vs DOGE

The competitors between the 2 tokens will not be hidden as they each supplied massive earnings to buyers and at the moment lacked concrete use instances. One might surprise, then what’s the competitors?

Shiba Inu, though launched in 2020, has managed to realize a market capitalization of over $40 billion. This pushed it above Dogecoin, which was noting a market cap of $33 billion. As Shiba’s official web site calls it “the Dogecoin killer,” the altcoin was undoubtedly competing with DOGE, however solely time can inform whether or not this progress is sustainable.

Within the meantime, different exchanges have been additionally seeking to capitalize on the Shiba Inu hype. One of many largest centralized exchanges on the planet, Coinbase had additionally listed Shiba a number of weeks again, which additionally triggered the worth to rally.

Other than itemizing, Coinbase additionally added SHIB as one of many cash on its AppStore itemizing alongside crypto giants like Bitcoin and Ethereum, making it the quantity on iPhone and Android on-line shops, as identified by Twitter CEO Jack Dorsey.

rattling pic.twitter.com/hirXmxa2gS

— jack⚡️ (@jack) October 30, 2021

SHIBA and DOGE can proceed to have the limelight now, however it will be essential for the tasks to help utility in the event that they have been planning to stay the market’s favourite doggos.



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