Shiba Inu started trading on NiceHash’s cryptocurrency exchange as of today.
NiceHash, a British Virgin Islands-based crypto firm, has announced that the Shiba Inu cryptocurrency is now available on the platform’s cryptocurrency exchange, according to a December 21 announcement.
wen $SHIB? 👀 #NiceHashhttps://t.co/uYTF1QdikQ
Merry Christmas @ShibInformer @ShibArmy @Shibtoken @ShibaSwapDEX @ShibInform @ShibReports @ShibInfo #SHIB #shiba pic.twitter.com/Es3AleHcbx
— NiceHash (@NiceHashMining) December 21, 2021
Founded by two university students from Slovenia, NiceHash began operating as a hash power market in 2014. NiceHash has rapidly gained traction in recent years due to its unique business model. The company suffered a $64 million hack in 2017, which was later determined to have been made by Lazarus, a hacking group from North Korea.
Following these, in May 2019, NiceHash also diversified its business operations by launching a cryptocurrency trading platform called NiceX.
NiceHash company’s cryptocurrency exchange currently supports more than 60 cryptocurrencies and 80 trading pairs.
The popular meme coin Shiba Inu, which has spent the past months in a massive listing frenzy, has been listed by Bit2Me, Spain’s largest exchange, as reported by KoinFinans last week. In addition to these, it has been reported that Shiba will be listed by Europe’s top crypto trading platform Bitstamp in 2022, this development is thought to be a big move for the meme coin.
The second-largest meme cryptocurrency, Shiba Inu, is trading sideways after rising 11% today and is at $0.000032 at the time of writing.
Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, Koinfinans and the author of this content cannot be held responsible for personal investment decisions.