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Shiba Inu and Chiliz jump 33 Percent and 26% on Coinbase Guru listings

coinnewsdaily by coinnewsdaily
June 20, 2021
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Shiba Inu and Chiliz jump 33 Percent and 26% on Coinbase Guru listings
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Trading has been set to start on Thursday, assuming liquidity conditions are met. The trading pairs will start in three stages: post-only, limit-only and complete trading.

Shiba Inu burst onto the scene in late April, apparently as a bi-product of the attention caused by meme cryptocurrency Dogecoin (DOGE) by Tesla CEO Elon Musk. The token’s imagery includes a meme variant of this Shiba Inu dog breed, very similar to Dogecoin. The token’s dollar evaluation, while still nicely from the sub-cent selection, improved by over 2,000,000% in the runup to its latest peak in early May, when it was listed for trading on Binance along with other trades.

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The SHIB evaluation climbed from $0.000007002 to $0.000009331 at the hour or so after the Coinbase statement and had retained most of its earnings one afternoon on, standing as the top gainer among the market capitalization leading 100 on Wednesday.

Chiliz followed after its coin cost increased from $0.2773 to $0.3495 leading into Wednesday morning, after a sustained 26% surge. Chiliz is the token behind the Socios.com fan token platform that permits the purchase of branded tokens related to significant sports clubs and organizations. Chiliz has just facilitated the launch of fan tokens in partnership with FC Barcelona, Manchester City and a plethora of major European soccer clubs.

Another token lined up for trading on Coinbase, Maintain Network, experienced a short 26% spike because its evaluation climbed from $0.49 to $0.62 in the aftermath of the exchange’s announcement. From the time of publication, it had given up a number of its gains on the way back to the 0.56 range.

Maintain Network focuses on providing storage for personal data on public blockchains. The Maintain Network platform comprises off-chain containers for personal data, which are only accessible through the Ethereum-based KEEP token. The project recently added compatibility for Bitcoin (BTC) users with tBTC — a completely backed ERC-20 edition of Bitcoin.

Tags: CryptocurrencyDogecoinElon MuskEthereumShibaShiba InuTBTCTESLATesla CEOTokenTrading
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