The Ultimate Guide To XRP





What is the Shiba Inu Coin - And Why Are Big Exchanges Noting It?

At press time, Shiba Inu, SHIB, is the 18th biggest cryptocurrency by market capitalization. SHIB's current market cap is $12 billion. What is the mystical Shiba Inu Coin?

Increasing popularity of the coin has caused it being dubbed a "meme coin" by social media.

A meme coin, SHIB functions likewise to Dogecoin, DOGE, which is presently the fourth biggest cryptocurrency with a market capitalization of $65 billion.

Utilizing a SHIB token, users can hold Billions and even Trillions of them, as according to the SHIB token site; "SHIB is an experiment in decentralized spontaneous community building. These tokens are our first and the users can hold them in substantial quantities."

"We burned 50% of the supply to Vitalik Buterin", and "we locked 50% to Uniswap and tossed the crucial away".

In recent days, three of the big cryptocurrency exchanges have listed SHIB on their platforms, equaling the high demand.

In the midst of a crypto boom, Binance, the largest crypto exchange based upon market cap, just recently noted SHIB token on its platform.

Although Binance noted SHIB, it lacked Ethereum deposit addresses.

" We follow our users. A lot of individuals desires SHIB, and we ran out of ETH deposit addresses today because of SHIB.

Following the big need on the USDT market, KuCoin likewise noted the SHIB token on May 10th. The KuCoin listing of SHIB activated a huge trading volume of $100,000,000.

According to OKEx CEO Jay Hao, "we are happy that the SHIB token has been listed on our platform, to open the crypto gateway to enthusiast investors."

Shiba Inu's experimental spirit is simply what the blockchain and crypto area requires, he included, which further underscored why the OKEx platform welcomed them to the platform.

SHIB's high and low in the last 7 days are $0.00000155 and $0.00003532, respectively. Its price has increased by 44% because duration. It is a meme coin, so trade at your own danger, as this is an NFA.

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