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News Commentary #1,596 – RoboticsOnline | News From Portugal And $5 Billion Story?

Some news from RoboticsOnline (reviewed here), AND this time the one came from Portugal and shows us the further crypto integration into everyday life and financial activities of citizens. Another update is a “$8,000 to $5 billion” story, which is also interesting to know.

So let’s read below:

Startup BITBase has opened the first physical store for buying and selling cryptocurrencies in Portugal.

❗️ This is the first of two stores that will be opened in this country in parallel with the installation of several cryptocurrency ATMs.

💣 Both stores will operate on a franchising model. At the current moment in Portugal, there is no regulatory framework for trading cryptocurrencies.

📌 The country’s regulators, including the Securities Market Commission and the Bank of Portugal, have previously warned about the risks of trading cryptocurrencies without state control.

🤝 The company’s website notes that BitBase will introduce potential customers to cryptocurrencies and help them take their first steps in the crypto world using BitBase.

Our website https://www.robotics.online/

 

The investor earned $5.7 billion from the Shiba Inu cryptocurrency by investing $8000. A crypto investor purchased 70 trillion coins of Shiba Inu’s “meme” digital currency, and in one year the value of this asset increased from $8,000 to $5 billion. The market value of the meme-inspired cryptocurrency amounted to almost 37 billion.

🎯 In August 2020, an anonymous user purchased 70,200,003,182,869 coins of the newly emerged Shiba Inu “meme” cryptocurrency, worth $8,000. Today, their value is more than $5 billion.

📈 At the time of purchase, a unit of cryptocurrency was worth $0.000000000189, and 14 months after that, the Shiba Inu rate rose to $0.00007941 at its peak. It took the cryptocurrency just over a year to grow by 7 million percent.

😎 According to the CoinMarketCap platform, an unknown crypto investor owns more than 13% of the total number of Shiba Inu tokens (~549 trillion coins).

Our website https://www.robotics.online/

Check other news for today and Please stand by..

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