CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71.28% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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Cute pup – Mooning currency

27 September 2022

Cute pup – Mooning currency

Shiba Inu is one of the most highly valued cryptocurrencies on the market right now. Its low cost aside, what has made this token move through the cryptoverse so fast is none other than its natural approach as “an experiment in decentralized spontaneous community building”.

Shiba Inu is a Japanese dog breed that challenges its owners due to its stubborn personality. Shiba Inu (SHIB), its digital currency counterpart is no less bold in its effort to bring a decentralized experience to token holders by relying on its community. This can be achieved through the ShibaSwap exchange and the three tokens – SHIB, LEASH, and BONE – that help form a unique ecosystem.

At the end of the day, cryptocurrencies can be united under a single umbrella that is entirely community-driven – something not yet done in its pure form. In other words, bringing the decentralized world and global communities together is the final goal of the ShibArmy. This, along with the meme roots of the coin, has been noticed by the world, skyrocketing it to the top 10 cryptocurrencies on the market right now, with a cap of $35 billion .

SHIB – Explained
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‘Eightcap’ is a brand of Eightcap EU Ltd, a company incorporated in Cyprus with Registration Number HE329922, authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 246/14, with Registered Office Address: Aiolou & Panagioti Diomidous 9, Katholiki, 3020, Limassol, Cyprus.

Important Risk Warning

Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71.28% of retail investor accounts lose money when trading CFDs with Eightcap EU Ltd. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. You should be aware of all the risks associated with trading Contracts for Difference (CFDs) and seek advice from an independent adviser if you have any doubts. Please refer to our Risk Disclosure Notice.

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