Although meme coins have entered the crypto community as a joke, they have become a favorite of many community members with their potential to generate high returns. While there are dozens of new meme coins added to the ecosystem every day, very few manage to break into the heart of the crypto community. One of these meme coins is SHIB.
Shiba Inu is one of the first crypto assets that comes to mind when it comes to meme coin. Especially recently, it has attracted a lot of attention and has been mentioned frequently. This thesis is a current Huobi with the description has also been confirmed.
#huobi Top Searched Tokens:
1⃣ $SHIB @Shibtoken
2⃣ $HT @HuobiGlobal
3⃣ $LEFT @solana
4⃣ $LUNC @terra_money
5⃣ $XRP @RippleNEWS CONTINUES BELOWWhich one is your fave?
Trade them on https://t.co/qihXWjwBOc pic.twitter.com/GUKDpmGx7M
NEWS CONTINUES BELOW— Huobi (@HuobiGlobal) February 28, 2023
Huobi Global, one of the world’s leading cryptocurrency exchanges, announced that Shiba Inu (SHIB) is the most sought-after token on its platform. Shiba Inu beat other popular cryptocurrencies like Huobi Token (HT), Solana (SOL), Luna Classic (LUNC) and Ripple (XRP) to take the top spot.
In fact, the highly anticipated Shibarium Beta launch brought the Shiba Inu into the limelight. Additionally, the meme coin has surpassed the stablecoin USDC to become the third-largest asset in Crypto.com’s digital asset reserves. Crypto.com has $677.06 million worth of Shiba Inu compared to $453.59 million in USDC.
In another notable development, Binance recently added support to Shiba Inu’s new trading pair against USD (SHIB/USD). Additionally, OKCoin Japan, a Tokyo-based exchange, has listed Shiba Inu on its platform.
According to a recent study by Cryptomeister, the Shiba Inu has gained popularity, ranking fourth on the list of the most sought-after digital currencies in the US.
You can follow the current price action here.
Source : the crypto basic