There have been many developments recently for Shiba Inu (SHIB), one of the most popular altcoins currently. In this article, we share the latest developments in the SHIB ecosystem. Here are the details…
Shiba Inu and BONE are trending
CoinGecko data shows that two tokens in the Shiba Inu ecosystem, Shiba Inu (SHIB) and Bone ShibaSwap (BONE), are becoming popular in Asia, the US and Canada this week. CoinGecko, a cryptocurrency data aggregator, recently announced its “Top 10 Trending Coins of the Week” for Asia, USA and Canada. Shiba Inu, the most popular dog-themed cryptocurrency, and Bone ShibaSwap, the management token of the ShibaSwap Ecosystem, entered the top 10 for all three regions
NOWNodes, RYOSHI provided support
NOWNodes announced that it has added support for Shiba Inu’s burning portal reward token Ryoshi Vision (RYOSHI). Following the listing of Ryoshi Vision, developers can now develop RYOSHI via NOWNode’s ETH nodes with a free API key. NOWNodes gives developers access to over 50 full nodes and explorers of the Blockchain via API. RYOSHI is the official reward token for the Shiba Inu burning portal. In essence, the token is used to reward Shiba Inu investors for burning SHIB tokens. The token was created by Wifey last year.
An exchange announces SHIB listing
BlueBit.io, a multi-asset trading platform including cryptocurrencies, recently listed Shiba Inu on its platform. The exchange has yet to make an official announcement, but Shiba Inu fan and US Senate Candidate Shannon Bray confirmed on the exchange’s website that trading for the Shiba Inu is genuine. Prior to the SHIB listing, on August 7, Blubit asked its community about adding Shiba Inu to the platform.
Founded in April 2022, BlueBit.io is a regular cryptocurrency exchange with offices in Saint Vincent and Dubai. The multi-asset trading platform currently supports over 700 trading instruments across 7 asset classes, including major cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE).
Pantera Capital-backed exchange lists SHIB pair
VALR, a cryptocurrency exchange backed by American hedge fund Pantera Capital, has announced that its users will be able to trade Shiba Inu (SHIB) and USDC (USDC) stablecoin in the coming weeks. On August 16, VALR will add support for ETH/USDC and BNB/USDC trading pairs. In the near future, XRP will also allow trading with Solana (SOL) and Avalance (AVAX) against the second largest stablecoin.
cryptocoin.com As we have also reported, the South African-based cryptocurrency trading platform entered the market in 2019. Earlier in March, it raised $50 million, marking its largest funding round to date. With around a quarter million users, VALR currently has a valuation of around $240 million.
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