Just-In: Shiba Inu (SHIB) gets listed on Australia’s longest-running crypto exchange
The longest-running crypto exchange in Australia has become the latest platform to list Shiba Inu (SHIB) after the likes of Kraken and Bitpay. The leading crypto exchange in its official tweet admitted that they couldn’t ignore the meme currency for long and are listing it along with six others.
“In retrospect, it was inevitable. SHIB is here – and we’re also adding 6 more tokens to the CoinJar lineup”
In retrospect, it was inevitable. SHIB is here – and we’re also adding 6 more tokens to the CoinJar lineup.
Read more: https://t.co/y6EjniSqOQ pic.twitter.com/mQlaDtlhJX
— CoinJar (@GetCoinJar) December 22, 2021
The official blog post read:
“Starting today you can buy, sell, send and trade Shiba Inu ($SHIB) using your CoinJar Wallet. With CoinJar Card you can even use SHIB to do some last-minute Christmas shopping, which at the very least should give you something to chat about at family lunch.”
SHIB has tuned out to be one of the biggest gainers in 2021 after it rose to a new all-time high of $0.000089 in October. However, in the following two months, the altcoin has lost the majority of its gains and currently trading at $0.00003443 with a 9% rise over the past 24-hours. The altcoin is looking to recover and gain some bullish momentum by the end of the year.
Shiba Inu sees a rise in on-chain development and whale accumulation
Shiba Inu has seen a continuous price downturn over the past 8 weeks, however, the meme currency is now looking at a path of recovery on the back of soaring development activity and continuous whale accumulation.
Coingape recently reported how Ether whales have accumulated nearly four trillion SHIB during the current dip and are expected to hodl more. The exchange whales are also flashing buy signals after two-month-long and the altcoin can make the most of the current bullish momentum.
With strong community support, the altcoin is still awaiting a Robinhood listing that could prove to be a catalyst for its price to surge further.
- Standard Chartered Predicts Bitcoin Could Drop Below $100K Amid U.S.–China Trade Tensions
- Rising Demand for Verifiable Crypto Ownership Drives Launch of Trezor Safe 7
- Robinhood Lists Binance Coin as BNB Outperforms BTC, ETH, SOL YTD By Over 30%
- Bitget Partners With Google Developer Group On Hackathon To Support AI Innovation
- Can Cardano Save Kadena? Hoskinson Reaches Out After KDA Token Plunges 60% Amid Shutdown
- XRP Price Classical Pattern Points to a Rebound as XRPR ETF Hits $100M Milestone
- Chainlink Price Eyes $27 Rebound as Whales Accumulate 54M LINK
- Pi Network Price Wedge Signals a Rebound as Key Upgrades Raise Utility Hopes
- Solana Price Eyes $240 Recovery as Gemini Launches SOL-Reward Credit Card
- XRP Price Prediction Amid Evernorth’s $1B XRP Treasury Plan – Can XRP Hit $5?
- Ethereum Price Targets $8K Amid John Bollinger’s ‘W’ Bottom Signal and VanEck Staked ETF Filing
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
