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Gate.io Partners With Legend To Give Away 1.4 Billion SHIB

Stan Peterson
December 22, 2021
Expertise : Web3 Projects, ICOs, DeFi, and NFTs.
A USA-based blockchain enthusiast deeply involved in diverse crypto projects. With a knack for insightful reviews, I navigate the dynamic crypto landscape, offering a unique perspective on ICOs, DeFi, and NFTs. Let's connect and explore the limitless possibilities of digital transformation! Reach me out @ : [email protected]
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CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

Gate.io, one of the world’s leading cryptocurrency exchanges, has launched a new campaign in partnership with Legend, giving users who trade Shiba Inu (SHIB) the opportunity to win their share of 1.4 billion SHIB tokens.

In order to celebrate Shiba Inu becoming one of the best performing cryptocurrencies throughout 2021, Gate.io will be giving users who trade the currency between Dec 14 and Dec 26, 2021 the opportunity to win their share in prizes. The memecoin turned out to be one of the standout successes of the year as Dogecoin’s success fueled a memecoin craze across the world.

What is Shiba Inu?

Shiba Inu (SHIB) is an ERC-20 token that began as an experiment in community governance and decentralization. Its rise to fame surprised many as its market capitalization grew to $18.8 billion. As of December 2021, it’s 13th most valuable cryptocurrency in the world with its 24-hour trading volume exceeding $1 billion. Shiba Inu recently started attempts to change its status from a memecoin into a vibrant ecosystem centering on their own DEX, dubbed ShibaSwap.

Shiba Inu on Gate.io

Gate.io, as a leading platform when it comes to listing up and coming projects, listed Shiba Inu in April 2021, offering trading on its spot and futures markets in addition to leveraged tokens. On several occasions, SHIB saw the highest trading volume of all coins offered on the platform. SHIB trading volume on Gate.io currently stands at over $18 million, making the exchange the 3rd largest platform to trade SHIB on.

The promotional campaign will commence on December 14th and conclude on December 26th, 2021 with three different activities offering users the opportunity to win their share of 1.4 billions SHIB tokens. Users can participate either through the Twitter campaign or by buying SHIB using the Legend dashboard on Gate.io.

About Gate.io

Gate.io is a leading digital currency exchange with over 9 million users in 190 countries across the globe. The exchange offers over 1,200 coins and tokens to trade using spot, margin, futures and contract trading in addition to decentralized finance products through HipoDeFi, services through Wallet.io, investments through Gate Labs and GateChain platform. The company also offers an integrated list of products, such as its Startup IEO platform, NFT, crypto loans and more.

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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

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About Author
About Author
A USA-based blockchain enthusiast deeply involved in diverse crypto projects. With a knack for insightful reviews, I navigate the dynamic crypto landscape, offering a unique perspective on ICOs, DeFi, and NFTs. Let's connect and explore the limitless possibilities of digital transformation! Reach me out @ : [email protected]
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
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