Dogecoin clone Shiba Inu has started trading on the Peter Thiel-backed cryptocurrency exchange. Vienna-based digital investment platform Bitpanda will provide support for the Shiba Inu (SHIB) trade, according to the announcement on Friday. In addition, the investment platform has announced a trading contest with a prize pool of 10,000 euros for meme coin fans.
Meme coin listed on Coinbase Pro in mid-September
After completing its $170 million Series B funding round in March, Bitpanda has become Austria’s first fintech unicorn. Its valuation jumped to over $4 billion after an additional $263 million in earnings in August.
Both funding rounds were led by Valar Ventures, a New York-based venture capital firm co-founded by billionaire Peter Thiel. cryptocoin.com As we reported, the Dogecoin (DOGE) clone started trading on Coinbase Pro in mid-September. Earlier this week, the meme coin skyrocketed more than 300%, attracting quite a bit of attention from the cryptocurrency community. At the time of writing, SHIB was trading at $0.00002867, up 19.28% in the last 24 hours, according to CoinMarketCap data. Meme coin ranks 20th among cryptocurrencies with a market cap of approximately $11.3 billion.
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