DUBAI Coin Jumpws 1000 Percent
Cryptocurrency is a hot topic for the world these days. Coins are gaining more popularity day by day and a lot of new coins are coming to the market. With this news, the United States, China and many other countries started to look to develop their own currency. Dubai is one of them because they seem like they created a Dubai Coin. It is not the first crypto that was created by a country because Venezuela tried it before, but it did not meet the expectations.
Dubai has launched its own cryptocurrency called Dubai Coin and it was launched by Arabianchain technology. The company said that this coin will be able to be used for a range of products and services online and offline and used in place of traditional bank- backed currencies. Arabchain Technology wants to be the first public blockchain in the Arabic countries. They said that the Dubai Coin’s value will be regulated by Dubai.
The price of big and popular cryptocurrencies continued to fall on Saturday. Despite these increases, Dubai Coin has gained %1000 in the last day. Dubai Coin (DBIX) is taking over business deals. It jumped %1000 in the last 24 hours. The price of the Dubai coin was $0.17 but it went all the way up to $1.13 on May 27,2021. It is not available in major exchanges. It is available on HitBTC, Cryptopia.
However, the government of Dubai city refused these claims. They denied all these claims about Dubai Coin. They tweeted and said that this currency was never approved by official authority earlier. And they warned people about it. They added that their website is designed to steal people’s personal information.
Dubai Coin: CoinMarketCap Tutorial
CoinMarketCap is the best platform to do your own research before investing. This platform has been around for many years, and it lets you check the details of the projects and price of any cryptocurrency. It also helps you to discover new projects easily. It was acquired by Binance last year. After that they added a lot of new features. One of them is that you can manage your portfolio for free. You can go to their website coinmarketcap.com and create an account if you want to. If you do not want to create an account, you can simply browse.
However, if you do not have an account on coinmarketcap you cannot use some of their features such as portfolio management and watch list. When you open the website, you can see that they have light mode and dark mode. You got your language and there is an Advertise button which is a key button for coinmarketcap. The current market cap is nearly $2 trillion. You can see 24-hour volume. You can learn analysis and which coin captured how much volume in the market.
There are cryptocurrencies that you can explore and keep an eye on. You can also discover new exchanges before they went viral and see the current price of cryptocurrencies. If you see something, find it interesting and want to follow its price, you can always add that on your watchlist and track their prices. This is the best way to manage your portfolio.
You can choose the categories on the home page; you can see many coins under different categories. It will help you to discover the projects that are in your interest. It also gives you a lot of information about the crypto that you want to do some research on. It also has links so you can click and go directly to the project’s website. It is a very useful, popular platform and simple to use.
This is not a financial advice you must always do your own research.