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Meme coins have been taking back seats to the larger market capitalization cryptocurrencies, but they started to rise following the “meme stock” trend of GameStop (GME) and AMC Entertainment (AMC) in 2021. Even the popular ones like SHIB and DOGE only cost a fraction of a cent. Also, the price of meme coins is generally low due to their huge supply. Therefore, a large number of meme coins cannot be traded on major trading platforms. Most meme coins are created with limited utility or use cases and are more short-lived than the mainstream cryptocurrencies like bitcoin (BTC) and ether (ETH). 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. The fees will be burned (i.e., sent to the SHIB burn wallet).ĭogecoin and Shiba Inu, along with hundreds of other meme cryptocurrencies, are known as meme coins or meme tokens. Whenever the Shiboshi holders want to change the name of their NFTs, they need to pay a fee of USD 100 in SHIB. The announcement included a new token-burning mechanism as well. In October 2021, the SHIB team launched 10,000 “Shiboshi” NFTs on the Ethereum blockchain and announced an upcoming NFT game called Shiboshi Game. It invites fellow dog-inspired artists around the world to bring their Shiba Inus into the NFT market, featuring artworks like painting, photography, and digital rendering. Designed to offer in-depth knowledge to the participants, the courses provide practical knowledge as well to sharpen the skills.Shiba Inu is also proposing a non-fungible token (NFT) art incubator called Shiba Artist Incubator. The certificate courses offered by Blockchain Council can be of great help to those planning to understand the basics of the crypto world.
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The exchange has reserved the right to disqualify trades that are likely to be wash trades, illicit bulk registered accounts, and those reflecting market manipulation or self-dealing. For withdrawing the earnings, customers have to reach a total trading volume equivalent to 50 USDT involving both purchases and sales.
Binance shiba inu free#
The users should complete their Know-Your-Customer or KYC guidelines as well to earn free SHIB tokens. The exchange is looking forward to attracting new customers to its portal and thus strengthening its position in the highly competitive crypto industry. However, the exchange has clearly mentioned that the giveaway will apply to only those customers who will register to their platform via the official link provided by the team. The eligible trading pairs for the second promotion are SHIB/USDT, SHIB/BUSD, and SHIB/DOGE. Binance stated that those participating in the latter scheme will share $20,000 in Shiba Inu. Those willing to participate in the event need to register using the official link provided by the exchange.Īpart from this scheme, the renowned trading platform is also running another promotional event for investors who trade the equivalent of 1,000 USDT on Shiba Inu spot trading market pairs. The price range offered by the exchange shall fall between $2 and $6.9. The investors who will fulfill the requirements of the promotional scheme will get a golden opportunity to earn SHIB tokens between a range of 100,000 SHIB and 308,000 SHIB on a first-come-first-serve basis by the Binance portal. Certified Virtual Reality (VR) Developer™Īccording to the official announcement made by the Binance team, the promotion will run through March 21, 2022, and will offer a giveaway of a total of $80,000 worth of SHIB tokens to the new Binance customers.Certified Augmented Reality (AR) Developer™.Certified Augmented Reality (AR) Expert™.Certified Internet-of-Things (IoT) Developer™.Certified Internet-of-Things (IoT) Expert™.Certified Artificial Intelligence (AI) Developer™.Certified Artificial Intelligence (AI) Expert™.Certified Information Security Executive™.Online Degree™ in Blockchain for Business.Online Degree™ in Cryptocurrency & Trading.Certified Blockchain Security Professional™.Certified Blockchain & Digital Marketing Professional™.
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