Dogecoin and Shiba Inu Have Been Removed From Crypto.com’s Earn Program

Dogecoin and Shiba Inu Have Been Removed From Crypto.com's Earn Program
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As the bear market persists, Crypto.com stated on Monday that 15 cryptocurrencies will be removed from its Crypto Earn rewards program.

Dogecoin (DOGE), Shiba Inu (SHIB), Tezos (XTZ), and FLOW are among the coins that have been deleted, but Crypto.com has added Zilliqa (ZIL), Fantom (FTM), and NEAR to the list.

Crypto.com is also changing the reward rates for five distinct stablecoins, which are digital assets fixed to the British Pound, Australian Dollar, Canadian Dollar, and US Dollar: TGBP, TAUD, TCAD, TUSD, and USDP (Paxos USD).

Other cryptocurrencies’ reward rates, such as Bitcoin, Ethereum, Polygon, Avalanche, and Solana, remain unaltered.
The business did not explain why it deleted those specific tokens in its release; Decrypt has sought out for more information.

The reaction to the revelation was varied, with many users on Twitter stating it was “a tragedy” that Shiba Inu and Dogecoin incentives were no longer available.

Others claimed that the exchange’s interest rates were equivalent to those of a regular bank. “It’s not worth it to lock up any money!” According to one Bitcoin owner.

While many were dismayed by the announcement, others maintained that Crypto.com was taking steps toward “long term viability.”

Crypto.com’s Crypto Earn modifications come just two weeks after the firm said it will lay off 5% of its workforce due to a “market slowdown.”

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