Dogecoin Listed on Crypto Exchange FTX Japan, Shiba Inu Burn Rate Up 155%

Dogecoin is listed on crypto exchange FTX Japan and has become the first local exchange in the country to introduce regular trading in Dogecoin. The announcement has been made on the official Twitter handle of the exchange. Apart from this, information has also been given on the website of FTX Japan. The announcement states that Dogecoin is available on FTX Japan starting July 5th at 11am and is listed as a regular trading asset.

FTX Japan has claimed that it is the only domestic exchange that offers regular trading in Dogecoin. Full information regarding this is given on the website of FTX Japan. The DOGE project was started as a joke. After that Tesla CEO Elon Musk started supporting it. Gradually the token became popular and investors started taking interest in it. After that many companies and organizations included it in their portfolio as a payment option. And today the token is listed on one of the world’s largest crypto exchanges, FTX Japan.

Data from WhaleStats says that Dogecoin is among the top 10 tokens bought by 100 Binance Smart Chain (BSC) whales a day ago. Talking about the price of Dodgecoin, it is currently trading at Rs 5.40. Today its price has increased and it has started trading with a gain of 1 percent. However, it is trading 90 percent below its all-time high.

The news for the Shiba Inu is that its burn rate has gone up to 155%. According to data from Shibburn, a website that tracks token burning, 208 million Shiba Inu tokens have been burned in the last one day.

With this, according to an analysis done by WhaleStats, the average balance of the top 100 Shiba Inu holders has increased by 6.8% percent. Currently the big whales are doing big transactions in the Shiba Inu which has increased the activity in the token significantly. Its average value has increased by 9.4%.

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