The WOOF token is currently trading at $0.015 with a 70% increase in the past 24 hours
The WOOF token of the decentralised exchange and launchpad platform Shibance, has extended its gains with a strong price spike. The token experienced a positive price trajectory early morning, with the price reaching $0.0009, but the token managed to sustain its rally and was trading at $0.015 at the time of writing. The coin could possibly double from current price levels if investors decide to accumulate larger WOOF bags.
How & where to buy Shibance in the UK and elsewhere
To buy crypto tokens, you will require an account on a broker/exchange site. There are so many platforms available today that it is quite difficult for a novice investor to shortlist a good site. We have selected two of the best platforms where you can trade with ease of mind. Avoid using decentralised exchanges (DEXs) as they are unregulated and lack in terms of security features.
To open a new trading account, simply click on the signup or join now page on a broker/exchange site. Then, fill in the relevant details such as username, password and email address. You will then receive an email asking you to verify the account. Standard documents such as a driving license and a utility bill can be submitted to prove identity and address. Once done, simply deposit funds and you can start your investment journey.
eToro is one of the world’s leading multi-asset trading platforms offering some of the lowest commission and fee rates in the industry. It’s social copy trading features make it a great choice for those getting started.
Binance has grown exponentially since it was founded in 2017 and is now one of, if not the biggest cryptocurrency exchanges on the market.
What is Shibance?
Shibance is an exchange and launchpad platform for meme tokens. It also offers users the ability to stake tokens for earning a passive income. The platform is new and plans to support more tokens and will add interesting features as the site matures.
Should I buy WOOF today?
The WOOF token plans to support the trading of many meme tokens in the future. Fuelled by Doge mania, meme tokens have gained popularity with new coin launches. Shibance could serve as an important exchange and launchpad platform for such meme tokens.
The token’s price could possibly 5X from the current levels as new features are added. Early adopters could possibly see more gains in the future if the coin rallies further.
The daily chart for Shibance is given below which shows a steady rise in volumes which in turn has lead to a price spike.
Shibance daily chart. Source: CoinMarketCap
This article is informational only—none of the contents should be construed as financial or investment advice.