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December 5, 2022
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Dogecoin’s rival, Shiba Inu (SHIB) is listed on Coinbase Pro

SHIB on Coinbase Pro: Shiba Inu (SHIB) turned fever with the rise in popularity of memecoins

Coinbase Pro, the professional arm of the largest US cryptocurrency exchange, announced the listing of the Shiba Inu cryptocurrency meme (SHIB).

Earlier this month, the trading platform also added support for Dogecoin, the main meme currency.

In addition to SHIB, Coinbase Pro is also listing Chiliz (CHZ) and Keep Network (KEEP).

Trading will begin after 9 am PT on Thursday.

Yesterday, Coinbase Pro also listed Polkadot (DOT), causing a large increase in the price of cryptocurrency.

SHIB is currently up 26 percent in the past 24 hours, according to data from CoinMarketCap.

Last month, Ethereum co-founder Vitalik Buterin burned 90 percent of the SHIB tokens that were presented to him by the anonymous token developers, adding that the remaining portion would be sent to charities.

Meek Mill plans to buy Shiba Inu

The growing popularity of meme coins, led by Dogecoin, caught the attention of many celebrities. The trend, perhaps started by Tesla CEO Elon Musk, has continued to grow and is now deeply connected to the US hip hop scene.

Robert Rihmeek Williams, better known by his stage name Meek Mill, gave a tip about his first purchase of cryptocurrencies in January of this year. Although he got into the game through a more traditional option such as bitcoin, he got into the meme coin craze in May, indicating no. Twitter: “I just bought a Doge, I’m tired of losing.”

Recently, the rapper highlighted plans to buy a part of Dogecoin’s main competitor – Shiba Inu. According reported previously, the token is billed as the “Dogecoin Killer” and its popularity has grown in recent months.

Source: U.Today

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