A little-known meme coin called Euro Shiba Inu has rallied over 25,000 percent in just 24 hours, according to data from Coinmarketcap. But at the time of writing, he gave up on his gains, albeit slightly. cryptocoin.com We share the details as…
Meme coin, why did it rise?
Sharat Chandra, a Blockchain and Emerging Technology Evangelist, said that Euro Shiba Inu is an active non-governmental, non-profit project. “The Euro Shiba Inu is doing exceptionally well thanks to its unique rewards program that allows ESHIB holders to raise awareness about ecology and the environment, allocating 5% for each transaction and 5% for donations to relief efforts during natural disasters,” he said.
The environmental damage was highlighted recently at the climate change conference COP26 in Glasgow. Chandra said, “Because of the spread of literacy and awareness about the green environment, it should come as no surprise that many people are interested and advocating for this project. We will see if Euro Shiba can sustain the recent price momentum,” he said.
The market value of the Euro Shiba Inu was around $230,000,000 at its peak. According to the data, the trading volume of this meme token increased by 1,570 percent with the exchange of $1,828,574 tokens. The maximum supply of Euro Shiba Inu is 420,000,000,000,000 tokens. But so far, there is a supply of 410,000,000,000,000,000,000 tokens. It’s changing hands at $0.000000000024 at the time of writing, and its gains in the last 24 hours are 53 percent. Finally, it is worth noting that many cryptocurrencies can experience sudden rises and falls, and investors should invest based on their own research.
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