Shiba Inu, Dogecoin Join BitTrade: Will These Meme Coins See A Bull Run?
Portfolio Pulse from Khyathi Dalal
Japanese crypto exchange BitTrade has announced that it will add Shiba Inu (CRYPTO: SHIB) and Dogecoin (CRYPTO: DOGE) to its platform, effective Oct. 18, 2023. This move could potentially push token prices higher. Shiba Inu's burn rate has surged by more than 270% in the past 24 hours, with 48 million SHIB tokens permanently removed from circulation. Dogecoin, favored by billionaire Elon Musk, has a significant number of wallets with unrealized earnings.
October 16, 2023 | 7:27 pm
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POSITIVE IMPACT
BitTrade's addition of Dogecoin to its platform could potentially push the token's price higher. Dogecoin has a significant number of wallets with unrealized earnings.
The addition of Dogecoin to BitTrade's platform increases its accessibility and could potentially attract more investors, pushing the token's price higher. The significant number of wallets with unrealized earnings indicates a strong holding sentiment among investors, which could support the token's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
BitTrade's addition of Shiba Inu to its platform and the token's recent burn rate surge could potentially push its price higher.
The addition of Shiba Inu to BitTrade's platform increases its accessibility and could potentially attract more investors, pushing the token's price higher. The recent surge in Shiba Inu's burn rate, which reduces the token's supply, could also support its price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100