KuCoin, which has recently become one of the largest cryptocurrency exchanges in the industry and preferred by altcoin investors, has reached a serious impact.
Although not as much as Binance’s listings, KuCoin’s listings now bring a serious price increase to many cryptocurrencies, so the CEO’s statements are very important for every altcoin investor.
SHIB is not dead!
KuCoin CEO Johnny Lyu In his most recent statement, he mentioned Shiba Inu, one of the most popular cryptocurrencies in the industry. SHIB has recently dropped slightly after gaining a record high, but is still at the critical point.
Lyu emphasized that the trade volume of SHIB has surpassed the trade volume of Bitcoin in the last three days in a row. Although this volume is realized on Lyu’s own cryptocurrency exchange, it can be said that there is a similar situation globally.
SHIB’s trading volume had surpassed Ethereum’s total trading volume on all exchanges last month. So is the SHIB rise over now, and what exactly is the latest situation?
Lyu emphasized that KuCoin mostly serves individual investors and therefore, it is seen that individual investors are still interested in SHIB.
Stating that SHIB’s popularity will continue and that it will make a name for itself in the long run, the CEO has given good news for SHIB investors, who have lost power recently.