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SHIBA INU Spikes After New Coinbase Listing


Shiba Inu holders are wagging their tales right now.

The long awaited listing of the Shiba Inu on Coinbase has finally come into fruition and as a results SHIB has seen an increase of about 34.12% in the last 24 hours.

Users of Coinbase will now be able to buy and sell Shib which will result in the price of Shib to more than likely rise even more due to the fact Coinbase has over 68,000,000 verified users.

Currently SHIB is being sold at $0.000009597 and the previous price before the Coinbase listing was floating around $0.00000689.

Crypto Briefing had more on the big listing:

Coinbase has listed Shiba Inu (SHIB) on its main exchange, according to an announcement from the crypto trading company.

Today’s listing means that investors will be able to buy, sell, and send Shiba Inu on Coinbase’s web exchange. The same features are also available to users of Coinbase’s iOS and Android apps.

Coinbase noted that the token “aspires to be an Ethereum-based alternative to Dogecoin (DOGE), the popular memecoin.”

The exchange drew attention to Shiba Inu’s economics, noting its finely-denominated supply of one quadrillion tokens. It also acknowledged the coin’s ecosystem, which currently features an NFT project and a decentralized exchange.

Here’s an announcement from Coinbase concerning Shiba’s listing on their platform:

Starting today, Shiba Inu (SHIB) is available on and in the Coinbase Android and iOS apps. Coinbase customers can now trade, send, receive, or store SHIB in most Coinbase-supported regions, with certain exceptions indicated in each asset page here.

Shiba Inu (SHIB) is a token that aspires to be an Ethereum-based alternative to Dogecoin (DOGE), the popular memecoin. Unlike Bitcoin, which is designed to be scarce, SHIB is intentionally abundant — with a circulating supply of one quadrillion. The Shiba Inu Token ecosystem supports projects such as an NFT art incubator and the development of a decentralized exchange called Shibaswap.

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