Bithumb, South Korea’s leading cryptocurrency exchange, shiba inu announced a new listing for (SHIB). According to the exchange, SHIB will now be traded in the country’s official currency, the “South Korean Won”.
Bithumb’s increased options for Shiba Inu trading came a month after Upbit supported the same trading pair. According to CoinMarketCap, this SHIB/KRW pair on Upbit ranks 11th in terms of trading volume across the entire exchange with $57 million. In contrast, Dogecoin (DOGE) is ahead at just $3 million, while Ethereum (ETH) is $22 million lower.
Shiba Inu News From South Korea Promising
South KoreaCryptocurrency interest resurfaced after the price of Aptos (APT) token increased by 385%. It is known that billions of dollars of trade volume in Upbit contributed to this increase. As a result, what Korean retail investors are betting on has become an indicator of the crypto market.
At the same time, other market players got an idea of the potential of Korean investors and recognized them as a force in the market.
For the Shiba Inu, this means it has further advanced and expanded in a thriving, highly liquid market with a new listing on another exchange against Korea’s national currency. SHIB is currently trading at 0.0174 KRW per token.