Shiba Inu coin has reached more than one million new investors by listing on Novadax, Public.com and CoinFLEX. A crypto exchange offered traders to “sell DOGE and buy SHIB” and exchanged Dogecoins for Shiba Inu tokens. Here are the latest developments in the SHIB ecosystem and the moves of crypto trading platforms towards crypto money…
An exchange offers DOGE and SHIB swap options
Public.com, a social investment app, has recently listed the Shiba Inu coin SHIB for members who choose cryptocurrency access on the platform. The social app added cryptocurrencies to its offer list on October 7. There are more than one million traders in the platform’s app. Brazilian traders now access SHIB via the fiat-to-crypto market of Novadax, the country’s largest cryptocurrency exchange. Traders on the exchange can buy SHIB using Brazilian Reals on Novadax.
ChangeNOW, a cryptocurrency trading platform, recently offered its traders the option to “buy SHIB and sell DOGE” by effectively exchanging Dogecoin holdings for Shiba Inu coin. Traders took advantage of this service to accumulate more SHIB tokens ahead of the anticipated listing on zero-commission trading platform Robinhood. An anonymous source close to the exchange revealed that Robinhood noticed the social media support for SHIB and that the platform plans to list SHIB soon.
Analysts’ SHIB forecasts
Shytoshi Kusama, the leader of all Shiba Inu ecosystem projects, recently shared an update on the trio of SHIB, LEASH and BONE. Kusama addressed the issue of SHIB holders paying ETH gas fees when claiming staking and liquidity rewards. cryptocoin.com As we have also announced, all rewards in stablecoins will now be distributed through BONE. Kusama, Shibarium and Shiboshi confirmed that game development is ongoing and plans to launch products in the coming months.
Anonymous cryptocurrency analyst @army_shiba is bullish on SHIB price. The analyst set targets at $0.00004161 and $0.00005201. On the other hand, FXStreet analysts evaluated the SHIB price trend and predicted that the “Dogecoin killer” Shiba Inu is a hurdle to overcome before reaching $0.0006.
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