Leading Australian cryptocurrency exchange Cointree cheerfully opened the door to three world-famous altcoins on Tuesday morning. Hence, the popularity of the Memcoin of Dogs (SHIB) and the ongoing trend of Luna Classic (LUNC) related hashtags on Twitter has paid off for Australian crypto enthusiasts. Both cryptocurrencies monitored by Cointree are listed.
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We just listed Shiba Inu (#SHIB), Luna Classic (#LUNC) and ApeCoin (#APE) Grow your portfolio today https://t.co/fqN0dDT1Gz pic.twitter.com/OHfemxjwgN
– Cointree (@CointreeAus) January 17, 2023
Cointree is growing three more subsidiaries
Founded in 2013, Cointree is one of the oldest cryptocurrency platforms in Australia, along with Coin Jar. Furthermore, Cointree, proud sponsors of the Melbourne Storm, added Apecoin (APE), the BAYC-inspired altcoin, with a significant monthly rally despite the odds stacked against it. APE holders rejoiced at the news, as it helped the 33rd-ranked decentralized altcoin climb back up to the crucial $5 support level.
At the time of publication, Apecoin is trading at $5.07, according to Queen Gekko. Posting 9% gains in the past seven days, the BAYC-stamped cryptocurrency’s bullish trend continues throughout the month, with an impressive 41.5% gain in the last 30 days.
This coincidentally comes around the time of the launch of Bored Apes’ new NFT game – Dookey. According to crypto enthusiasts on Twitter, Layer-4’s APE is very useful in the newly launched metaverse game by Yuga Labs.
I can confirm I play Dookey Dash and use Tier4 + apecoin on every game @BoredApeYC pic.twitter.com/vf5TFdK1To
— Mr. Ghost (@mrghostinvblog) January 16, 2023
Shiba Inu to move before the Shiparium
Similar to Apecoin, the Shiba Inu (SHIB) cryptocurrency has enjoyed a productive week, gaining 20.9% in the green over the past seven days. Moreover, the Shiba Inu developer team has officially announced the launch of Shibarium Beta and has put together the documentation in a lengthy and well-detailed blog post. Subsequently, this triggered a bullish rally for SHIB and gas fee token Bone ShibaSwap (BONE).
This comes just a week after SHIB Token officially announced BONE as the only token used for transactions on the upcoming Layer-2 blockchain. Thus, Shiba Inu erased zero in the market price, while Bone ShibaSwap reclaimed the main resistance line at $1.
At the time of publication, the 15th-ranked Japanese memecurrency Kabosu dog has changed hands at $0.00001066, according to Queen Gekko. With a daily gain of 3%, SHIB is also the biggest gainer among the four cryptocurrencies mentioned above, with an increase of 22.9% in the past seven days.
Congratulations to the #Shibarium community on the upcoming beta launch! We’re excited to see how many #BONE holders are joining in anticipation of the launch. #Shibarium https://t.co/yRFzpWidAt
– NOWPayments (@NOWPayments_io) January 17, 2023
Looney Burning Sparks Looney Ball Run
On the other hand, the notorious Terra Luna Classic (LUNC) is the weakest gainer among the group, with a weekly increase of 5.5%. However, the monthly outlook looks bullish for LUNC with a gain of 24.6%, mostly due to LUNC’s constant burn rate in USD. At the time of publication, volatile LUNC was trading at $0.00017819, according to Queen Gekko.
Adoption in Australia adds extra weight to the bull run, considering the SHIB Army, Bored Ape Yacht Club, and LUNC are all such vast communities.
on the flip side
- There are a lot of unanswered requests for these tokens to be listed on Twitter, Bone ShibaSwap (BONE) for the SHIB Army.
- Gas fee token Cheparium has its own petition on Change.org to list $BONE on Binance, with 517 signatures so far.
Why should you bother
All four cryptocurrencies made it to the top 10 most watched cryptocurrencies in 2022. The communities behind these cryptocurrencies regularly trend on Crypto Twitter.
Read more about the latest developments in altcoins:
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