Good News For Shiba Inu Investors: SHIB Listed On Another Major Exchange!

  • Shiba Inu (SHIB) is now available on one of Brazil’s largest exchanges.

Foxbit, one of Brazil’s largest exchanges, announced in a recent Twitter update that the Shiba Inu is making its debut on its platform, along with four other popular cryptocurrencies: Gala (GALA), Phantom (FTM), LookRare (LOOKS) and Illuvium (ILV).

The statement made by the platform meant approximately the following:

“Are the troops ready? Shiba Inu and 4 new crypto assets are coming to Foxbit to diversify your portfolio. Hold your breath, SHIB, GALA, FTM, LOOKS and ILV are coming.”

The Sao Paulo-based trading platform, which currently has over 950,000 registered clients, was founded in 2014, making it one of the oldest cryptocurrency exchanges in the region. Following this listing, Forbix will become the second Brazilian exchange to accept the Shiba Inu cryptocurrency. As noted by KoinFinans, Shiba Inu was first added to Brazil’s largest exchange Mercado Bitcoin in December.

432 million SHIB burned in the last 24 hours

A total of 432,062,908 SHIB tokens have been burned in the past 24 hours, according to data provided by the Shibburn website, a burn tracking platform where the Shiba Inu community can track the amount of SHIB tokens burned.

Bigger Entertainment CEO Steven Cooper, an investor who regularly organizes burning parties, previously stated earlier this week that one billion SHIB tokens could be removed from circulation this week due to numerous burning attempts.

SHIB, the second largest cryptocurrency, is trading at $0.0000309, slightly lower at the time of writing.


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