Shiba Inu hits another exchange as SHIB deposits overwhelm Binance
There's a new dog in town, and it's wasting no time in marking its territory. Shiba Inu (SHIB) was listed on three different cryptocurrency exchanges in the past 48 hours, after an explosive 966% surge in the same time frame sent the token to 18th in the market cap rankings.Self-described as the “Dogecoin Killer”, Shiba’s instant addition to Binance on May 10 surprised onlookers, many of whom expected a more in-depth listing process by the world’s largest crypto exchange. What’s more, the fact that 50% of the SHIB token supply is in the hands of one individual made Binance’s decision to....
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Cryptocurrency exchange Kraken has announced support for the meme cryptocurrency shiba inu (SHIB). Deposits are now live and SHIB trading is expected to commence on Tuesday. The price of SHIB surged following Kraken’s announcement.
SHIB on Kraken: Deposits Now Live, Trading Set to Begin Tomorrow
Crypto exchange Kraken announced Monday that shiba inu (SHIB) deposits are live and trading is expected to start Tuesday. The exchange wrote:
We’re thrilled to announce that Kraken now supports shiba inu (SHIB).
“Funding is live, and we anticipate trading....
On Saturday, the second-largest meme-based cryptocurrency shiba inu has seen a lot of tokens burned during the last 24 hours. According to statistics, the network’s burn rate has increased by 26,592% as 1.4 billion SHIB has been destroyed.
Shiba Inu Burn Rate Increases Significantly
On February 22, a SHIB team member named “Archangel” revealed that the project would have a decentralized exchange (dex) called Shibaswap 2.0 with a burn portal. The portal is meant to help bolster a deflationary supply and in mid-March, SHIB team members launched a project....
Meme coins were trading significantly higher on Saturday, as both shiba inu and dogecoin rose by over 20%. Shiba inu rallied to a six-week high in today’s session, as the token broke out of a key resistance level. Dogecoin extended recent gains, climbing to a five-month high in the process. Shiba Inu (SHIB) Shiba inu (SHIB) rose to a six-week high to start the weekend, as the token was up by over 20% on Saturday. SHIB/USD surged to a peak of $0.00001268 earlier today, which comes less than a day after trading at a low of $0.0000106. Today’s move pushed prices of the meme coin to their....
The Shiba Inu breakout appears almost ten days after SHIB's addition to Binance Card. Shiba Inu (SHIB) broke out of its prevailing "cup-and-handle" pattern on Aug. 14, raising its prospects of securing additional gains in the coming weeks.Shiba Inu could soar 50%A cup-and-handle appears when the price falls and rises in a U-shaped trajectory in the first stage, followed by a swift move sideways or downward in the second. Notably, the price trend develops under a common resistance level.Typically, cup-and-handle patterns resolve after the price breaks above the resistance level; SHIB did....
Another major cryptocurrency exchange has added support for the meme cryptocurrency shiba inu. Gemini has begun supporting SHIB alongside a few new defi, metaverse, infrastructure, and data management tokens. Meanwhile, the petition for Robinhood to list the shiba inu crypto has garnered more than 531K signatures.
Shiba Inu (SHIB) Now Supported on Gemini
Cryptocurrency exchange Gemini announced its support for the meme cryptocurrency shiba inu (SHIB) Friday. The company wrote:
We are delighted to announce support for shiba inu (SHIB) as well as a range of new defi,....