Dogecoin is a cryptocurrency based on the popular "Doge" Internet meme and features a Shiba Inu on its logo. Dogecoin is a Litecoin fork. Introduced as a "joke currency" on 6 December 2013, Dogecoin quickly developed its own online community and reached a capitalization of US$60 million in January 2014. Compared with other cryptocurrencies, Dogecoin had a fast initial coin production schedule: 100 billion coins were in circulation by mid-2015, with an additional 5.256 billion coins every year thereafter. As of 30 June 2015, the 100 billionth Dogecoin had been mined.
Shiba Inu (SHIB) is a meme token which began as a fun currency and has now transformed into a decentralized ecosystem.
Unocoin, India’s leading crypto-to-fiat trading platform, has added support the opposite of Resistance, it is a threshold that crypto’s price doesn’t fall below. for Dogecoin yShiba Inu, the two puppy meme cryptocurrencies that are in competition with each other.
The two largest meme coins are now available for trading in that exchange, according to a company statement inTwitter:
Hello friends, #doge and #SHIB are finally available on Unocoin.
— Unocoin: Buy Bitcoin & Crypto in India ???????????????????? (@Unocoin) December 13, 2021
Exchange users can now exchangeDogecoin for India’s fiat fiat currency is “legal tender” backed by a central government, such as the Federal Reserve, and with its own banking system, such as fractional reserve banking. It can take the form of physical cash, or it can be represented electronically, such as with bank credit. money: the rupee.
However, there is no fiduciary peer forShiba Inu: esta moneda de perrito se puede negociar contra Tether, the number one USD-linked stablecoin.
Also, in the account an account is essentially a whose purpose is to track the financial activities of a specific asset/ ofTwitter announces a competition as of today for those who trade these currencies on the exchange.
About the exchange businesses that allow customers to trade cryptocurrencies for fiat money or other cryptocurrencies.Unocoin
Unocoinwhich was founded in 2013, is known as the platform a place to buy, sell and store cryptocurrency for trading betweenBitcoin the biggest and most popular cryptocurrency in the world. It is a decentralized digital currency that enables users to make trustless peer-to-peer transactions. and India’s most widely used rupee, and earned the nickname of“Indian Coinbase”, as reported by Utoday. In October, it added support for Unified Payment Interface (UPI) transactions, making it possible for users to deposit fiat money on the platform significantly faster.
It is not the first Indian platform to acceptShiba Inu, already didZebPay, another of the oldest crypto trading platforms in the country.
Además, el mes pasado, CoinDCX, India’s first cryptocurrency unicorn, integrated Shiba Inu in its retail-focused application. Moreover, the third coin a coin can refer to a cryptocurrency that can operate independently or to a single unit of such cryptocurrency. meme of puppy, Floki, partnered last month with the soccer club IndianKerala Blasters FCwhich will help you to promote yourself.
This also comes at a regulatory situation of which there are high expectations. India’s much talked about cryptocurrency bill will soon be released to the public, according to local media reports. It has to be approved by the union cabinet. While it was initially thought that all private cryptocurrencies would be banned in India, it was reported more recently that the bill will aim to regulate crypto instead of banning them . The Securities and Exchange Board of India will be responsible for overseeing digital digital technologies are these electronic tools that have the ability to generate, store or even process data. assets.
Sources:Twitter, Utoday , archivo
Imagen de Unsplash