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Cryptocurrency News Articles
Mukesh Ambani-led Reliance Industries Has Maintained the Mystery Around Its Newly Introduced Jio Coin
Feb 28, 2025 at 12:06 pm
Despite unveiling India's homegrown digital currency, the company has yet to reveal the coin's specific features and uses, sparking curiosity among the individuals.
Billionaire Mukesh Ambani-led Reliance Industries has kept the mystery of its newly introduced Jio Coin going, leaving the business community and cryptocurrency enthusiasts in buzz.
Despite unveiling India's homegrown digital currency, the company has yet to reveal the coin's specific features and uses, sparking curiosity among the individuals.
Notably, Reliance’s tech subsidiary, Jio Platforms, has partnered with Polygon Labs to bring Web3 and blockchain technology to India.
"JioCoins are blockchain-based reward tokens that users can earn by engaging with different mobile or internet-based apps as decided by Jio Platforms Limited (JPL) using their Indian-based mobile numbers," according to the Reliance's FAQ section.
A report by "CoinDCX" said that the Jio Coin is the newest project of Reliance Industries and the company is bringing blockchain technology to India.
Jio Coin: Latest Price
According to "Wallet Investor", as of February 28, 2025, at 03:40 AM (GMT), the price of 1 JIO Token is Rs 20.634. Moreover, the market capitalization of this digital currency is Rs 36,245,451, with an available supply of 1,908,130 tokens. The website didn't specify its 24-hour trading volume, and the percentage change over the last 24 hours.
Here are the steps to earn Jio Coin:To earn JioCoins, simply use the JioSphere web browser on your device, whether it’s an Android phone, iPhone, Windows PC, or MacBook.Where Can We Use These Coins: According to several media reports, Jio Coins can be used for various purposes, including mobile recharges, shopping discounts, and more. Furthermore, users can earn JioCoins through multiple Jio apps, including Jio Sphere, Jio Mart, Jio Cinema, and My Jio.
ALSO READ: Pi Coin Surges 37% In A Day, 300% Since Launch – Check How And Where To Buy It
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- Bitcoin (BTC) Has Plunged More Than $20,000 in the Past Few Weeks, Hitting Multi-Month Lows
- Feb 28, 2025 at 07:45 pm
- Bitcoin (BTC) has plunged more than $22,000 in the past few weeks, hitting multi-month lows. While traders hope for a rebound, market analysts caution that a recovery may take time as liquidity remains scarce.
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- This collaboration marks a significant step in Ripple's expansion within the Asia-Pacific (APAC) region, aligning with South Korea's evolving regulatory landscape for institutional crypto adoption.
- Feb 28, 2025 at 07:25 pm
- The partnership, which began on February 26, will see BDACS integrate Ripple Custody, a product that was developed for safe holding and storing digital assets.
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- Bitcoin's one -way fall on Friday, with digital assets that reached the lowest level in over 3 months
- Feb 28, 2025 at 07:25 pm
- A one -way drop in Bitcoin deteriorated on Friday, with digital assets that reached the lowest level in over 3 months, overturning the profits that followed the election of US President Donald Trump.
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- Airdrop Collection DAO Skyren (SKYRN) Promises Explosive Growth as Blue-Chip Cryptos Cardano (ADA) and Ripple (XRP) Struggle
- Feb 28, 2025 at 07:25 pm
- For years, blue-chip cryptocurrencies like Cardano (ADA) and Ripple's XRP were the go-to investments for traders seeking stability and long-term growth in the crypto market.
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