Want to become a SHIB millionaire? CoinJar has a gift for you as it turns 9

Highlights:

• CoinJar is celebrating its ninth birthday this week with a treat for Shiba Inu fans where they can win up to 99,999,999 SHIB tokens.
• CoinJar account holders in Australia and the UK may get a chance to win this prize if they execute a single trade on the CoinJar app between Monday (2 May 2022) and Sunday (8 May 2022).
• CoinJar is the longest-running crypto exchange in Australia.

If you have ever dreamt of turning into a SHIB millionaire, your dream might just come true. CoinJar, one of the world's oldest crypto exchanges, is celebrating its ninth birthday this week with a treat for its clients.

CoinJar, which started its operations in May 2013, is also Australia's longest running crypto exchange (as the company claims).

According to an announcement made by the company, verified CoinJar account holders in Australia and the United Kingdom (excluding Northern Ireland) who do a single trade on the CoinJar app between Monday (2 May 2022) and Sunday (8 May 2022), will get a chance to win up to 99,999,999 Shiba Inu (SHIB) tokens, having a maximum value up to AU$4,999. At the time of drafting this article, SHIB was trading at US$0.00002064, down 4.61% compared to the same time on Monday.

Also Read: Decoding crypto cards: What are they and how do they work?

This promotional event started at 12am AEST/3pm BST on 2 May 2022 and will close at 2.59pm AEST on 9 May/11.59pm BST on 8 May 2022. During this period, CoinJar users will have to make at least one trade via their verified CoinJar account if they wish to stand a chance to become a SHIB millionaire. CoinJar will consider maximum 10 trades by an individual for this promotion – wherein, one trade equals to one entry. No minimum value applies to the trades.

The winner of this campaign will be picked by randomised electronic draw through random.org on 9 May 2022 and the prize will be distributed on that day only. The name of the winner will be announced on: https://coinjar.typeform.com/CoinJarturns9.

CoinJar's journey so far

On its 9th birthday, CoinJar reflected on its journey so far saying when they started operations way back in May 2013, Bitcoin (BTC) was valued at just US$100. It also highlighted the growth of the crypto market during this nine-year period where the market capitalisation of Shiba Inu surpassed the market value of General Electric and its overall crypto market cap reached near US$3 trillion last year.

CoinJar said it is the first Australian crypto exchange with a mobile app. At present, it has more than 600,000 clients in Australia and the UK. In these nine years, there are many firsts to CoinJar's credit. CoinJar Swipe was the first crypto card in Australia. It also became the first Australian exchange operating in the UK, the first to obtain Financial Conduct Authority (FCA) registration as well as the first to sponsor an AFL team.

Shiba Inu (SHIB) price performance

Shiba Inu is one of the most popular altcoins in Australia. According to CoinMarketCap, it is the 15th biggest crypto in the world with a market capitalisation of over US$11 billion. This token touched an all-time high of AU$0.00008845 on 28 October 2021. At present, it is trading at 77% below its all-time high value. According to CoinMarketCap, 549,063 billion SHIB token are currently in circulation.

Also Read: Decentraland (MANA) vs The Sandbox (SAND): How do they stack up?

This meme coin quickly gained popularity and value after being launched in August 2020 as the cute charm of the coin accompanied with tweets and headlines from eminent personalities like Elon Musk and Vitalik Buterin attracted a community of investors. In the last one year, SHIB token has gained a massive 1154%, according to CoinGecko.

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