The Majority of Cryptocurrencies Strengthened and the Strengthening was Led by Shiba Inu

Lovata Andrean

The Majority of Cryptocurrencies Strengthened and the Strengthening was Led by Shiba Inu
The Majority of Cryptocurrencies Strengthened and the Strengthening was Led by Shiba Inu

Rancakmedia.com - Most Cryptocurrencies Strengthened in the previous 24 hours. Strengthening was led by Shiba Inu (SHIB) at 8,85 percent, this success also strengthened the week's increase to 84,91 percent. Now Shiba Inu is priced at US$0,00007 per fruit.

Quoted from coinmarketcap.com, Solana (SOL) after the success of Shiba Inu, is currently up 6,86 percent in a day and up 2,76 percent in a week. This cryptocurrency with a valuation of US$62 billion is priced at US$205 per chip.

Dogecoin (DOGE) achieved an increase of 3,14 percent and currently one coin is valued at US$0,27. The market capitalization value of this currency is US$35 billion.

Polkadot (DOT) and XRP managed to increase positions in 24 hours by 1,30 percent and 0,70 percent respectively. Both are priced at very different prices, XRP is priced at US$1,11 per chip while Solana is priced at US$43 per chip. Majority of Cryptocurrencies Strengthen

This increase was followed by Tether (USDT) which was 0,01 percent and rose 0,05 percent in the week. Now one Polka dot piece is priced at US$1.

Cardano (ADA) actually plunged 0,72 percent today and is still down 8,30 percent on the week. Now one Cardano is priced at US$1,95.

The decline was followed by Binance Coin (BNB) with minus 0,41 percent on the day, although Cardano's value still rose 9,79 percent in the week. Now one piece is priced at US$526.

Bitcoin (BTC) actually went red with a 1,70 percent drop. Now Bitcoin is valued at US$61.139 per chip.

Ethereum (ETH) ends record in the red crypto top with minus 2,10 percent. The value still rose 4,30 percent in a week. One Ethereum token is worth US$4.288.

For information, in Indonesia, crypto assets are still prohibited as a payment method.

Currently, crypto assets are regulated by the Commodity Futures Trading Supervisory Agency (Bappebti) of the Ministry of Trade based on CoFTRA Regulation Number 2 of 2019 concerning the Implementation of Physical Commodity Markets on the Futures Exchange.

However, crypto is a futures commodity exchange, so it doesn't matter as long as it is used as an investment or as a commodity that is exchanged by market players.

Conclusion Regarding the Majority of Strengthening Cryptocurrencies:

Most major cryptocurrencies have strengthened in the previous 24 hours. Strengthening was led by Shiba Inu (SHIB) at 8,85 percent, this success also strengthened the week's increase to 84,91 percent. Dogecoin (DOGE) achieved an increase of 3,14 percent and currently one coin is valued at US$0,27.

Polka dot (DOT) and XRP managed to increase positions in 24 hours by 1,30 percent and 0,70 percent respectively. Cardano (ADA) actually plunged 0,72 percent today and is still down 8,30% this week.

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Lovata Andrean

Hi, I'm Lovata, I'm not Ai but I am a content writer for SEO, Technology, Finance, Travel, Cooking Recipes and others. I hope this can be useful for all my friends. Thanks