What is SafeMoon? The new cryptocurrency and how it compares to DogeCoin and Bitcoin
Shiba Inu coin lost market capitalization to Dogecoin and slipped out of the top ten cryptocurrencies. Proponents consider SHIB highly centralized as the concentration of Shiba Inu holdings in whale wallets comes under scrutiny. More Shiba Inu News Polkadot price eyes 50% ascent contingent on a bounce from this crucial barrier
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The U.S. firm shares a name with Binance Holdings Ltd., the world’s biggest crypto exchange -- and Changpeng Zhao, the CEO of Binance Holdings, is chairman of the board at Binance.US. Binance Holdings faces a U.S. Justice Department investigation into whether its platform has facilitated money laundering and tax evasion. Numerous countries have also announced probes and demanded that Binance curtail or amend operations within their borders.
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Learn Latest News BIC NFT Opinion Bitcoin Altcoin Prices Exchanges Press Releases btc $60686 -1.53% eth $4385.98 -2.88% bnb $605.3 -0.43% sol $243.18 +3.23% usdt $1 +0.4% ada $1.97 -1.12% xrp $1.13 -2.4% dot $50.04 -4.22% usdc $1 +0.24% doge $0.257457 -1.84% shib $6.091E-5 +17.78% luna $48.37 -3.11% AVAX $73.63 -4.17% link $31.22 -6.39% wbtc $60697 -1.65% Join Telegram
Of late, crypto prices have risen on the back of comments from billionaire Elon Musk and Ark Investment Management LLC's Cathie Wood.
A chart that tracks price movement patterns and portrays it as a scam. “Bravo Binance US” reported @Crypto Chase account with over 55,000 subscribers.
Gold has historically always held value. The precious metal isn’t just used as a component of decorative jewellery: it has often been used as a currency and as an investment. Gold-backed cryptocurrencies essentially bring gold to the blockchain.
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SafeMoon price looks to test the 0.00000233 upper boundary of the bullish triangle, which has been forming since October 4, in the coming hours and days.During its formation, the ascending side of the triangle has been very well respected, with bulls adding more volume to each trade. As SafeMoon price prepares for the rally, expect $0.00000233 to give some resistance at first, with bears trying to defend their short positions.
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According to the Wall Street Journal, Zhao stated that he would be willing to step down as the CEO of Binance in order to resolve the company’s regulatory problems.
"A majority of the other large cap cryptos remained relatively stable over the weekend. The one exception was Shiba Inu which surged to a new record high," it added. "As we enter the new week ahead, altcoins look poised for further gains, having consolidated over the past two days."
Nevertheless, traders emphasized the massive volatility of SafeMoon despite its relatively high liquidity compared with other tokens that are not listed on major exchanges.
So the product rewards people who hold onto it instead of trading it. By doing this, it implements a 10 percent penalty tax fee.
As with finance, traders always make mistakes when, for example, they enter the wrong price or order amount for the desired trade. For example, unreasonably large trades can overwhelm the exchange’s order book, which can lead to a rapid and significant drop.