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Cryptocurrency News Articles
JioCoin: The Crypto Revolution Powered By Mukesh Ambani’s Reliance? Here’s What You Need To Know
Jan 22, 2025 at 07:39 pm
Jio Platforms, led by Mukesh Ambani, has partnered with internet technology company Polygon Labs. Since the announcement, social media users are excitedly talking about “Jio Coin” and sharing screenshots online.
Reliance Industries, headed by Mukesh Ambani, has joined hands with internet technology company Polygon Labs. Following this announcement, several social media users are abuzz with talks of “Jio Coin” and are sharing screenshots.
Notably, Reliance’s tech subsidiary, Jio Platforms, has partnered with Polygon Labs to introduce Web3 and blockchain technology in India. As per media reports, this partnership will enable Jio users to enjoy better privacy and control over their data while accessing new and innovative services. Moreover, Jio Coin is speculated to be the newest project from Reliance Industries to introduce blockchain technology in India, as per a report by “CoinDCX”.
Jio Coin: Here’s how you can earn it for free
More details on Jio Coin
JioCoin is a blockchain-based reward token that utilizes Ethereum Layer 2 technology and is listed on the popular Polygon. Its primary purpose is to incentivize users for engaging with various Jio apps and services. This exclusive program is only open to users with Indian mobile numbers.
While the official valuation of this virtual coin has not been revealed, media reports have estimated its value to be around Rs 43 per token.
Will Reliance’s cryptocurrency make you a crorepati?
There are rumors on social media that Jio Coin may have future applications, such as mobile recharges, shopping discounts, and fuel payments. Given the success of Bitcoin, people are speculating that it can make people crorepati in the future. However, since Reliance has not released any official information about this project, it is advisable to take these claims with a grain of salt until further confirmation is provided.
ALSO READ: JioCoin: The Crypto Revolution Powered By Mukesh Ambani’s Reliance? Here’s What You Need To Know
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- Remittix (RTX) Is Revolutionizing Global Remittances as a New Rival Valued at Just $0.0256 Is Expected to Outperform Dogecoin (DOGE) on Its Road to $1
- Jan 22, 2025 at 11:35 pm
- By transforming worldwide remittances with innovative technologies, this rising altcoin is transforming the market while Dogecoin battles resistance levels
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- Dogecoin (DOGE) Developer Says It's Time For DOGE To Show Superior Power
- Jan 22, 2025 at 11:35 pm
- A prominent Dogecoin developer has called for DOGE to assert its “superior power” amid rising competition. This call comes amid projections that rival WallitIQ (WLTQ) will skyrocket by 33,403% in 18 days.
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- Doge Uprising Presale Stage 3: What You Need to Know About “The Next Dogecoin”
- Jan 22, 2025 at 11:30 pm
- The crypto world moves fast, for good and bad. One minute, you’re up 200%, and the next, you’re staring at a red sea of losses. But every once in a while, a project comes along that makes you sit up and take notice.
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- Bitcoin and Dogecoin Correct Lower but 1Fuel Presale Emerges as the Crypto to Buy in 2025
- Jan 22, 2025 at 11:30 pm
- Shortly after recording its new all-time high, Bitcoin corrected to $103k levels. Meanwhile, Dogecoin is down 10% on its 24-hour chart. However, heightened trading activity in both ecosystems could potentially trigger pumps, placing both coins among the best altcoins in 2025.
