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At the time of writing, Bitcoin was trading at $28,183.82 and Ethereum at $1,818.14, with both currencies indicating a weekly upward movement of 7% and 2.91% respectively, while in the meme coin space, Dogecoin (DOGE) and Shiba Inu (SHIB) were trading in the red zone as Signuptoken.com was cruising while accumulating new subscribers ahead of the next bull run.
Dogecoin (DOGE) has been trading along a rather bearish note over the past few weeks, as it posted a 7-day low of $0.06814 while indicating a weekly downward movement of 1.78%. Nevertheless, there seemed to be a tug-of-war between the bears and the bulls as Dogecoin's price reversed to an upward movement of 2.97% in hourly trading and 0.76% in 24-hour trading.
At the time of writing, Dogecoin was trading at $0.07445 with experts suggesting that DOGE is most likely to dip further and enter a new range.
Shiba Inu (SHIB), similar to Dogecoin, has been trading along a red line as it declined from its 30-day high of $0.00001393 to its current price of $0.00001083 while indicating a weekly drop of 5.29%. Mirroring its 'doge' rival, Shiba Inu's price too reversed to an upward movement as it rose by 2.27% in hourly trading and 0.88% in 24-hour trading.
The back-and-forth movement in Shiba Inu's price comes after new on-chain data revealed that nearly 25 trillion SHIB tokens, worth a quarter of a billion dollars, had been securely moved off one of the crypto exchanges and placed in cold storage.
Signuptoken.com is one of the latest ERC-20 tokens which has been created on the Ethereum blockchain bringing a sense of simplicity to the cryptocurrency industry.
As opposed to other traditional cryptocurrencies in the market, the project offers both amateur and veteran crypto traders a convenient platform to invest in the Decentralized Finance (DeFi) ecosystem by simply letting crypto holders sign up with just their email addresses to secure a token.
The project stands out even further as it does not have a presale or an Initial Coin Offer (ICO). Signuptoken.com has instead set 1 million email sign-ups as a target to launch and will do so on the Uniswap exchange platform. Since launched, Signuptoken.com has received close to 1000 email subscribers, and once launched live on the market the token will allow investors to trade the token for other Ethereum-based digital currencies.
Having recognized the complexities in the functionalities and terminology in the cryptocurrency industry, Signuptoken.com has created its interface specifically for the average crypto user as it does not require any money to secure a token nor does it require any specialized knowledge of cryptocurrencies or decentralized finance.
The project ensures that all email sign-ups are verified to avoid automated sign-ups and subscribers are considered the insiders or originals, and will have more leverage with access to all the news related to the token about its launch and pricing. This will make it easier for the investor to decide whether or not to buy the token.
Website: https://signuptoken.com/
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
