[What is Dogecoin?]

According to the quarterly report of CoinGecko, during this period, the cryptocurrency showed a colossal yield of 11,566,501%. Despite the fact that SHIB is not included in the top 5 cryptocurrencies, at the end of the quarter it surpassed DOGE. This article compares the various value propositions presented by the Shiba Inu coin (SHIB) and Dogecoin (DOGE). We explain the key features of two cryptocurrencies, their history, idea, and their investment potentials in the future.

What is Dogecoin?
Dogecoin is a decentralized network for performing payment transactions, with open source code. It is the result of a fork of Litecoin. DOGE functions based on the Scrypt technology. It has unlimited emission, and fast transaction processing speed (it takes only a minute to add a block).

As of July 2021, the coin is in the top 10 by market capitalization ($21,604,889,877), and the cost of one DOGE is $0.1654. DOGE is one of the best cryptocurrencies for mining. Its active and dedicated community widely uses coins for conducting financial transactions and also uses DOGE to raise funds for charitable purposes.

What is Shiba Inu
Shiba Inu is a decentralized ecosystem based on the Ethereum blockchain that is completely controlled by its community. The main functions are the exchange of digital assets, the NFT marketplace, and passive income tools. SHIB is an ERC-20 standard token with a limited issue of 1 quadrillion.

In July 2021, value of SHIB is $0.000005801, with a market capitalization of $2,286,443,703. According to the creators, they deliberately set a low cost, so that everyone could buy millions of coins, and earn a fabulous profit on a seemingly insignificant price increase.

The team is trying to create an ecosystem consisting of several coins (LEASH, SHIB, and BONE), a decentralized exchange (DEX) known as ShibaSwap, and a dynamic community. SHIB is a service token of the ecosystem. LEASH (“DOGE Killer”) was created to hedge the value of DOGE, as well as a reward for holders who provide their liquidity. BONE plays a vital role in the main ShibaSwap DEX protocol, and allows you to earn money on staking.

Differences between Shiba Inu and Dogecoin
Although both coins have similar characteristics: they use Shiba Inu as their mascot, are decentralized, are actively used in community circles, and also participate in charity fundraising events. Still, they have different basic characteristics, which are important to examine:

So we see that although SHIB and DOGE are direct competitors, they are essentially completely different. It should be noted that Dogecoin is a fork of Litecoin. While SHIB operates on the basis of the Ethereum blockchain. In addition, the limited issue played into the SHIB's hands, and the fact that the project is switching from PoW to PoS consensus is well accepted by many investors. However, Dogecoin has existed since 2013 and over the years has managed to earn a good reputation and enter the top best cryptocurrencies. The reason for such a stunning success of Dogecoin is often called the fact that such a global influencer as Elon Musk actively supports the project in his Twitter. After a series of tweets that DOGE is his favorite as well as the people's cryptocurrency, the asset's quotes soared to the skies.

At the same time, SHIB also has a kind of patron in the form of the well-known Vitaly Butyrin. The SHIB team sent about 40% of its assets to Buterin. He, in turn, refused such a gesture and burned 90% of coins, sending another 10% to charity. Thus, the attention to the currency was extremely high. Since a considerable part of the tokens is burned, and the issue of SHIB is limited, this had a favorable effect on the price of the asset.

Where to buy Dogecoin and Shiba Inu?
On July 6, 2021, the decentralized exchange platform Shiba Swap was launched. The platform offers users to exchange tokens, as well as to deposit SHIB on stacking. The website presents various ways in which Shiba Inu holders can receive rewards for placing their SHIB coins on the platform. This was followed by the release of two new tokens: LEASH and BONE. These tokens were not available for purchase before the launch of ShibaSwap DEX. Therefore two questions arise: 1) Where to trade doge; and 2) Where to buy shiba inu.

Both SHIB and DOGE cryptocurrencies have high liquidity and are traded on most large and reliable crypto exchanges. The best exchanges for buying or selling these coins according to CoinMarketCap are:

Binance – one of the most liquid platforms in the world. Spot Trading, P2P, OTC, futures trading with leverage up to x125, margin trading, etc. are available.
Huobi – a multifunctional and multi-currency platform, with a pleasant and intuitive interface. The same fees of 0.2% for makers and takers.
OKEx – a well-designed and easy-to-use crypto exchange, works with both crypto and fiat currencies. Quite low fees in this market segment.
FTX – crypto exchange for spot trading, derivatives with leverage up to x110. A specialized liquidation system significantly reduces the risk of losses.
Crypto exchanges provide users with a wide range of financial instruments, which, along with a complex design, can confuse an unprepared trader. Therefore, it will be convenient for beginners to use the services of a crypto broker:

7b - is your guide to the world of cryptocurrencies, with the most pleasant and convenient interface, useful trading tools, and reasonable fees.
Always remember that investing in any cryptocurrency is an extremely risky venture - you may know how to buy doge and how to buy shiba inu coin, but you should also know how to earn on it. And such meme-currencies, which are supported only by hype, can both make you rich and ruin you. So be extremely careful in your calculations and investments, and do not invest more than you can afford to lose.

Our dog friends
Since the launch of Dogecoin in 2013, the process of creating cryptocurrencies has become noticeably easier, and therefore new meme tokens could be created every day and become known if they were somehow connected with current events or major influencers. So, in addition to SHIB and DOGE, there is already a whole family of dogs on the crypto market:

Papa Doge – the developers claim that the project is the first meme token with real use cases. The token is characterized by high security, full decentralization, and full BEP 20 compatibility.
Mama Doge – according to the developers, the young project aims to protect and give home to homeless dogs. The coin is deflationary and is completely managed by the community.
Baby Doge – according to the developers, BabyDoge is a DOGE child who has learned the lessons of his father. Altcoin belongs to the category of deflationary assets, and it is based on the principle of smart stacking. According to the creators, token owners will earn money not by speculating, but by accumulating.
Dogelon Mars – one more interesting young project, which is a fork of DOGE. According to the developers, it has two goals, namely to help victims of fraud, and also to become the currency of Mars.
All these cryptocurrencies do not carry a fundamental novelty, but are simply used in narrow circles and are hyped at the expense of the progenitor.

FAQ
Is Shiba Inu coin better than Dogecoin?
There is no clear leader in this battle. Both coins use a Shiba Inu meme, both are hyped, both are used for charitable purposes. DOGE is supported by such world celebrities as Elon Musk and Mark Cuban. At the same time, this also affects Shiba quotes. The advantages of the latter are the limited issue and their DEX, in which tokens serve as a bridge.

Will Shiba Inu beat Dogecoin?
DOGE has been trading on the market since 2013 and has already managed to gain the trust and recognition of the community and celebrities. At the same time, SHIB quotes have increased significantly over the year, largely due to hype and confusion on Elon Musk's Twitter. It is not necessary to exclude the possibility of a Shiba victory, but still the project is too young and has not yet fully recommended itself.

What is Doge and Shiba?
Doge is some progenitor of the meme cryptocurrencies. And SHIBA is probably the most successful project of the followers. Despite the similar concept, use cases, and idea, they have different basic characteristics and function on the basis of different blockchains.

Can a Shiba Inu hit $1?
The one dollar goal is extremely cloud-based for the SHIBA project. There is a better chance of achieving it if most of the tokens are burned. However, if the growth continues at this pace, then by the end of 2021 SHIBA could reach such a mark. Still, according to Market Realist, quotes will be able to reach $1 by 2025, provided that the price will grow by 20% per month.

Is it worth buying Shiba Inu coins?
Yes, SHIB is a profitable long-term investment, given the growth indicators over the past year. If the project adheres to its strategy, the potential growth for the year will be +102.32%. In addition, SHIB coins are very cheap, so you can safely invest some of your free funds in their purchases and earn money on increasing the price.

What does Doge stand for?
First of all, the Dogecoin project was created for ordinary people. It was planned that it would be really useful to everyone and, most importantly, affordable at its price. DOGE is currently used in many industries. Its main purpose is to conduct various charitable collections. Also, this coin can be used by users to transfer their funds on P2P basis, exchange for other cryptocurrencies (or for withdrawal to fiat money), purchase goods on the Internet, pay for services, etc.

Conclusion
When investing in SHIB or DOGE, it should be remembered that their value is not based on any fundamental principles, but on the mood of the crypto market and attention from world famous personalities. For example, on July 9, 2021, in just two hours, DOGE quotes increased by 14%, after a tweet by Elon Musk, where he expressed his opinion about the advantages (fast transaction speed and low fees) of his favorite cryptocurrency over such giants as Bitcoin and Ethereum. But as can be seen from the history of the price rate, SHIB is also not far behind. The cost is increasing quite steadily. And with the launch of its decentralized exchange (ShibaSwap), the project has a chance to refresh its all time high.

To date, it may seem that investing in DOGE entails less risk of losing your funds, since it is more widely accepted and reliable. But at the same time, SHIB quotes are growing rapidly and the coin is extremely cheap, so there is more room for maneuver.

Original source - https://sevenb.io/blog/shiba-inu-vs-dogecoin-who-is-the-lead-dog-of-the-pack/

[How to trade Cardano]

How to trade Cardano

What is Cardano?


Cardano (ADA) is an open-source and decentralized blockchain project created to facilitate peer-to-peer transactions. It has a layered architecture that facilitates smart contracts, enabling a platform that is both adaptive and scalable without having to compromise security.

Cardano pros and cons

BENEFITS
Reputable team
Early days
Environmentally friendly
Ambitious scope of work
Peer-reviewed technology

RISKS
Not memeable
Scalable
Competitors in same space
Substance over hype
No first-mover advantage


Where to trade Cardano?
ADA has been trading on the exchanges for several years and has managed to garner the attention of traders and investors. Therefore, you can easily trade cardano on many trading platforms. Some of the best are presented below:
Binance – a distinctive feature of the exchange is that when exchanging cryptocurrencies, Binance fees are among the lowest. Customers are charged 0.1% for each transaction.
7b – your trusted intermediary in the world of cryptocurrencies, provides low and transparent commissions and more than 2000 cryptocurrencies for trading.
ZBG – a multifunctional and multi-currency exchange. Both the most popular currencies and little-known ones that are already of interest to the community are available.
How to trade Cardano using the 7b crypto broker app?
Undoubtedly, one of the best ways to trade ADA is to use the 7b crypto broker app. On 7b, you are able to buy or sell ADA at the best rates on the market without effort and with minimal time expenses. Just follow the instructions:
Log in to your 7b account.
Top up your balance.
Choose a trading pair that suits you, for example, BTC/ADA.
Fill in the transaction details.
Confirm the transaction.

[What is Ethereum?]

What is Ethereum?

Ethereum (ETH) – is a universal tool for launching decentralized applications (dApps) running on smart contracts. Cryptocurrency ETH is an exchange unit of the ecosystem. Ethereum is sometimes called Bitcoin 2.0, but despite a certain similarity, these projects have fundamentally different purposes.

In 2013, a young Canadian programmer, founder of Bitcoin Magazine Vitaly Buterin, together with his colleague Gavin Wood, presented the concept of the Ethereum blockchain platform. Cryptocurrency in this network played the role of not only a means of payment, but also allowed the exchange of resources to a variety of web services operating in a peer-to-peer network. During the ICO held the following year, the company managed to collect 31,000 BTC. The innovative Ethereum project was able to attract the attention of many reputable companies: banks, financial organizations, and so on. After the implementation of the Homestead protocol, the network began to function in full mode.

Vitalik of the Ethereum

The main value of the Ethereum network is not cryptocurrency, but the capabilities of a virtual platform. The platform has a variety of applications in multiple fields, but among the main ones is the use as a cryptocurrency for fast and secure transactions, building smart contracts, and conducting ICOs. In addition, various blockchain projects are being launched on the basis of Ethereum, ranging from sports betting and online casinos to charitable foundations.

The Ethereum blockchain allows everyone to use all the advantages of distributed ledger technology when performing specific tasks. After the appearance of the Ethereum system, it is no longer necessary to create a personal crypto network. For a relatively small fee, you can use a ready-made solution.

Tens of thousands of computer applications written in different programming languages could now be launched and interacted with each other on the same platform, which significantly expanded the scope of blockchain technology. Thus, every qualified programmer can create his own application based on the Ethereum ecosystem, working according to a strictly established algorithm. The system guarantees protection from failures and intruders, the absence of censorship, and the non-interference of external regulators.

The functionality of the Ethereum network allows you to:

• To launch smart contracts

A smart contract is the name of a computer code created to organize the exchange of money, content, property, shares or some other value. When launched in the blockchain network, a smart contract turns into a computer program that is automatically executed under certain conditions.

Since the smart contract is executed on top of the blockchain, it works exactly as programmed – there is no censorship, downtime, fraud or third-party interference.

• Create applications of any type (games, utilities, etc.)

Although all blockchain implementations are able to run code, the capabilities of most of them are very limited. Ethereum does not provide the developer with a narrow set of available operations, but offers to create any programs, and, thus, thousands of completely new applications can be implemented in Ethereum.

• Many ICOs are held on the basis of the Ethereum platform

ERC20 is the standard for tokens of the Ethereum network. The abbreviation stands for Ethereum Request for Comments. This is the official protocol of the company for making proposals for improving the blockchain in the network. The number 20 is the offer ID. The ERC20 protocol was created in order to solve compatibility and support problems. With the help of ERC20, new tokens can be added to the exchange and perform the necessary manipulations: quickly add and remove tokens, move between wallets, etc. The protocol contains a set of rules according to which all coins created on the basis of this platform work.

Unlike Bitcoin, the issue of which is limited to 21 million, the emission of Ethereum is not limited. Ethereum did not strive to become the most expensive cryptocurrency in the world, and limiting the issue would lead to an increase in value. The developers chose a different tactic and did not lose at all, as evidenced by the fact that ETH is the second leading cryptocurrency after Bitcoin. As of June 30, 2021, the market capitalization of ETH is $254,949,840,138, and the price per one coin is $2,189. The all-time high of $4,362 was reached on May 12, 2021. While the all time low was recorded on October 21, 2015 and was $0.4209. Amazing growth isn’t it?

The main advantages of Ethereum are as follows:

• Availability. To date, Ethereum is the second most popular cryptocurrency in the world and is traded on all major exchange platforms.
  
  
• Versatility. The platform allows you to work with different programming languages and protocols (regardless of the level of complexity).
  
  
  • Smart contracts. Thanks to this technology, Ethereum is in the zone of interest of many large corporations and banks.
    
    
  • Publicity. The developer of Ethereum, Vitaly Buterin, is a public and recognizable person, all improvements and innovations are announced in advance, which causes a huge level of trust in the platform.
    
    
    • Flexibility. The development team keeps up with the times, refining and improving the platform, which easily accepts changes and upgrades.
      
      
    • Open source code. Anyone can create a unique decentralized application based on Ethereum blockchain.
      
      
    
    To read the full text follow the link - How to trade Ethereum

While the market is going up and down and the prices for crypto are trembling, it is essential to keep your mind clear and be well informed

Therefore we've created an article about BTC, where we describe the most important facts about the coin, give a brief analytical review and describe the best ways to invest in BTC - How to trade BTC?

We welcome any kind of feedback from BTC community and wish to hear back from you. Enjoy the reading

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I’m Michael, I represent 7b crypto broker app. Recently we’ve dropped our app on Google Play and now we invite you to test it and share your ideas on how to upgrade it!

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