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Terra 2.0 (LUNA) Trading to Go Live on the Innovation Zone by Binance

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Binance has announced to take Terra 2.0 (LUNA) live for trading on the Innovation Zone on May 31, 2022, at 6 UTC. Users will be able to deposit and withdraw the dnew Terra token on the same day at 5:30 UTC. Trading pairs, namely LUNA/USDT and LUNA/BUSD, will be available for trading.

The token distribution will be ratio-based on the eligible holders of LUNC and USTC. Token distributions are represented below in the table:-

 

Particulars

Value In LUNA

Pre-Attack 1 aUST

0.01827712143

Pre-Attack 1 LUNC

1.034735071

Post-Attack 1 USTC

0.02354800084

Post-Attack 1 LUNC

0.000015307927

Terra 2.0 poses higher-than-normal risk and volatility. It has been therefore categorized in the Innovation Zone for trading. The Innovation Zone is where users find only those tokens that carry high volatility with increased trading risk. One must first visit the web version of the trading page to review the Terms of Use before becoming a part of the Innovation Zone.

Risk can be mitigated by conducting thorough research about the Terra project. Understanding the fundamentals of the project would help make better decisions. In case of uncertainty, users may choose not to trade the token on the platform. Binance ensures that there is less to zero loss suffered by a user.

Efforts put in by the team have made Binance a global leader in the crypto exchange industry. The platform is easy to use for experienced and new traders alike. Users can always get in touch with the support to get a query resolved.

Binance was founded in 2017 by a team of talented and dedicated professionals. They continue to drive the growth chart of the crypto exchange platform. Binance now has more than 100 trading pairs and at least 100 cryptocurrencies listed, giving its users ample options. New crypto traders should find more details in this comprehensive review of Binance.

The platform can handle 2 billion average daily volumes with 1,400,000 transactions per second. BNB is a multiple utility native token of Binance that powers its entire ecosystem as an underlying gas. The vision of Binance is to increase the global freedom of finance, allowing everyone to participate in building the financial infrastructure by securely storing the wealth.

Binance Academy is an important part of the Binance ecosystem, and it is an open section for everyone who wants to learn about cryptocurrency and blockchain technology. Entrepreneurs benefit hugely from Binance Launchpad, a helping hand of Binance that enables entrepreneurs to launch a token on the platform. Trust Wallet by Binance helps users send, receive, and store their digital holding securely. Binance also runs a charity program where it looks to advance blockchain-enabled philanthropy and global sustainable development.

Source link: https://www.cryptonewsz.com/terra-2-0-trading-to-go-live-on-the-innovation-zone-by-binance/

Shiba Inu Price Prediction for 2022-2026

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Understanding the Dogecoin Killer: Shiba Inu (SHIB)

A peculiar name: at least for a digital coin, you agree. Yes! For all good reasons, as the unique features are coupled with this unique name. The salient name relates to the mascot of a Japanese dog breed called Shiba Inu and hence “SHIB.”

So, the most important trait of the pet, “Loyalty,” comes tagged to it for all its investors too. Shiba Inu is a completely secure and decentralized meme token, a variant of the ERC-20 token. In a way, it combines all significant traits of Ethereum, Bitcoin, and Dogecoin in a fusion as one in Shiba Inu (SHIB). Before starting with the Shiba Inu price prediction, let’s check the coin overview.

Shiba Inu Overview

Cryptocurrency Shiba Inu
Ticker Symbol SHIB
Price $0.0000126
Price Change 24 hours +14.62%
Price Change 7d -4.57%
Market Cap $6,743,082,050
Circulating Supply 549,063,278,876,302 SHIB
Trading Volume  $549,621,953
All time High $0.00008845
All time Low $0.000000000082
Shiba Inu ROI +755268.92%

Shiba Inu Network: Let Us Dig Deeper

Shiba Inu is a creation by Ryoshi, who started on a mission to carve out a crypto asset for all its users inspired by the cute Shiba Inu dog breed theme, mixing the merits of other major cryptocurrencies like Bitcoin, Ethereum, Dogecoin, and others. The company is the first to be listed and incentivized on ShibaSwap, a proprietary decentralized exchange.

A crypto-asset addresses all concerns of an investor or trader in the market – be it accessibility, speed in the transaction, security for anonymity, or a great value for money invested for the future. With no great skills or expertise in demand, it can be accessed with your computer, smartphone, or website. It also addresses the users’ day-to-day needs like buying anything with credit cards, like in the supermarket, or purchasing anything through a wallet online.

An exemplary benefit of the Shiba Inu cryptocurrency is that it can be used to trade/exchange between and with Bitcoin or fiat currencies. Apart from these, there are immense security-packed features to be harvested too. Shiba token also gives its users the benefit of safekeeping their free wallets, and even they can refill their balance.

Traders benefit from getting the SHIB network on all esteemed cryptocurrency exchanges like Coinbase, Binance, etc. They can convert SHIB to almost any other coin. It also has a native decentral exchange name ShibaSwap to buy Shiba Inu.

The presence of SHIB can be seen on a mobile app that is available in a number of different languages, including Chinese, German, French, Spanish, Russian, and many more. The site comes packed with features like opening an account in three simple steps -Get a Wallet – Get some SHIB coins – Use Your SHIB, and stay tuned, giving all the latest news and information about the platform to make informed investment decisions.

You can also store your crypto SHIB on the mobile wallet. Shiba Inu’s open market purchase ensures the fair distribution of SHIB, and the open market also ensures the fair and complete distribution of new coins.

In late November 2021, Giant Newegg announced the acceptance of the Shiba Inu token as a mode of payment. The forecast impact on the Shiba Inu target price is considered to be positive. At the same time, Shiba Inu will no longer be limited to being a meme coin like Shiba Inu, following the announcement of its own metaverse, Shiba Inu Oshiverse. This token is expected to gain traction from investors.

Some posts on Twitter from CoinMarketCap reveal that the crypto investors in 2021 showed high interest in buying the Shiba Inu coin, making it the most viewed coin on the platform. The rising popularity can positively impact the Shiba Inu prediction, given the SHIB can reach a record high with the current market cap strategy. The market cap hit a new high the same day when SHIB launched its own line of NFT tokens.

Shiba Inu SHIB Community: A Corporate Initiative

Shiba Inu works a lot to benefit communities, creating partnerships and alliances at a non-profit level. The native token exchanges drive the whole process with other platforms generating more value for new enterprises and those corporate partners looking for momentum in their eco-space. This philanthropic contribution by SHIB comes as an aggressive community initiative, and it has called for more rigorous participation by other crypto developers too.

Shiba Inu (SHIB) Price History & Technical Analysis

Since its debut on the crypto exchanges, Shiba Inu’s price had only increased with no sudden surges or downward spirals until it hit its all-time high value on Oct 28, 2021. The bulls had a strong hand until the profit booking sentiments hit the SHIB market. Like any other cryptocurrency, the Shiba token is vulnerable to market fluctuations too and is highly volatile.

Shiba Inu Coin Price Prediction

However, since 2021, the coin has gradually increased, starting at $0.0000000001. Competing against other crypto rivals, SHIB has only taken a steady ride of going upward, showing satisfying if not promising trends till it finally stabilized at $0.00000001 by February 2021, even among market ups and downs and pandemic setbacks. SHIB, in the beginning, performed as per an upward trend with multiple record highs till it hit the all-time high value of $0.00008845.

After SHIB hit its ATH, profit booking sentiments overtook the bulls, and the price started falling continuously in a downtrend to date. The downfall was so strong that the SHIB price lost more than half of its value in just 3 months. Not just that, the current price of Shiba Inu is very close to its previous price level from where the uptrend has begun.

Due to regulatory changes in US Fed rates, the recent market crash has made it more difficult for SHIB prices to bounce back or even begin the uptrend. As per our SHIB price forecast, the only good thing is that investors and traders might see a buying opportunity for the coin due to lower prices.

Shiba Inu: Market Sentiment

The current price of Shiba Inu stands around $0.00001245 at the time of writing, with a total supply in the circulation of 549,063,278,876,302 SHIB. The 24-hour trading volume of this crypto is around $502,543,267; in terms of market position, the market capitalization of the Shiba Inu hit $6,834,755,782.