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Home» Markets»Where to buy Baby Shark as it bounces 128% from Monday low

Where to buy Baby Shark as it bounces 128% from Monday low

rocketman 04 Aug 2021 Markets Comments Off on Where to buy Baby Shark as it bounces 128% from Monday low 247 Views

Baby Shark, a meme coin inspired by the children’s song of the same name, has gone viral this week

Baby Shark (SHARK), is a meme currency that has increased by 128% in value since Monday. The coin’s success is arguably down to two things: its use of the “Baby Shark” meme, which is based on a viral children’s song, and its focus on environmental issues such as cleaning up the ocean, which is a hot-button issue today.

If you’re in the market for SHARK tokens, we’ll show you the best place to buy Baby Shark in this article. Continue reading to learn more about this project.

Where and how to buy Baby Shark in the UK?

You can trade the top cryptocurrencies right away by signing up with one our recommended partners. These brokers and exchange platforms are licensed and regulated, and provide a range of trading tools that will help you get started. Once you’ve created your account and made a deposit, you can begin investing straight away.Although some investors and traders prefer decentralised exchanges (DEXs) when trading coins like Baby Shark, we generally recommend that our readers avoid these platforms if they can. The reason for this is that DEXs are almost always unregulated—meaning that funds invested on these platforms could be at risk from hacks, frauds, and scams.

eToro

eToro is a multi-asset trading platform that offers the lowest fees and commission rates. Its social copy-trading features make it a great option for people just starting out.

Shop SHARK today with eToro

Disclaimer

Bitpanda

BitPanda is an Austria-based Bitcoin broker. It has a large selection of payment options and good prices.

Get SHARK with Bitpanda today

What is a Baby Shark, exactly?

Baby Shark is a hybrid token-memo-charity token. It aims to both enrich its holders and benefit environmental charities and non-profits. This goal is achieved through SHARK’s deflationary tokenomics: 3% of every transaction involving SHARK is redistributed to SHARK holders, and another 2% of each transaction is locked up in a charity wallet.

Binance Smart Chain has been home to many similar projects during the bull run. Investors are warming up about this new type coin that not only provides value, but also seeks to contribute to humanitarian and ecological drives.

SHARK: Should I Buy It Today?

SHARK’s current price is $0.00000000408080. SHARK has risen by approximately 48% over the past day and 128% since Monday. Baby Shark may be able to reverse the trend after a weekend slump. This remarkable recovery is a result of a slump. 

SHARK 7-day chart. Source: CoinMarketCap

A look at Baby Shark’s 7-day chart clearly shows this potential trend reversal, and it seems as though SHARK could propel itself higher after a brief pullback. If the price hovers for a while before jumping higher, this could be a great opportunity to buy. 

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Posted by : rocketman
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