Bitpanda, an Austrian cryptocurrency trading platform backed by PayPal co-founder Peter Thiel, announced on Thursday that it has added a euro trading pair for the Shiba Inu (SHIB) cryptocurrency.
SHIB/EUR will open on 19 November
Shiba Inu holders will be able to trade the Dogecoin competitor for SHIB/EUR on Binance, Coinbase and Bitvavo. cryptocoin.com As we reported, in November, Coinbase Pro listed new fiat trading pairs for Shiba Inu. Now, valued at $4.1 billion, Bitpanda is adding additional pairs for the second-largest meme coin, first in early October, preceded by the cryptocurrency’s massive rally last month. Apart from crypto, the Vienna-based firm also allows its clients to invest in precious metals, stocks and exchange-traded funds (ETFs). It competes intensely with eToro and Revolut.
Increasing adoption rates and falling prices
This week, Shiba Inu was also integrated by keyless cryptocurrency wallet ZenGo and payment processor CoinGate. Despite increasing adoption, the meme coin has fallen more than 8% in the last 24 hours, making it one of the laggiest among major altcoin projects. At the time of writing, Bitcoin (BTC), Ethereum (ETH) and Dogecoin (DOGE) hit weekly losses of 8.71%, 12.41% and 13.62% respectively, while Shiba Inu (SHIB) is in 11th place at $0.00004386, down 8.80% daily and 21.29% weekly. is being traded. Meanwhile, only a $2 billion market cap gap remains between AVAX and SHIB.
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