Shiba Inu Is Up By Over 35% After Coinbase Listing

Coinbase announced that its users can now trade, send, receive, or store SHIB in Coinbase-supported regions in the Coinbase Android and iOS apps.


Shiba Inu Is Up By Over 35% After Coinbase Listing
Coinbase Adds Shiba Inu | Image: Optimisus

"Starting today, Shiba Inu (SHIB) is available on Coinbase.com and in the Coinbase Android and iOS apps," Coinbase says.


After Coinbase announced the listing of Shiba Inu (SHIB), "the Dogecoin killer" on its main exchange, SHIB's price skyrocketed. Shiba Inu (SHIB) price went up by over 35% in the last 24-hour.


The memecoin went from trading at around $0.000006632 on Sept. 16 to $0.000009175 on Sept. 17 following the Coinbase announcement.


SHIBA INU is trading at $0.000009115 with a 24-hour trading volume of $2,370,066,369 at the press time. As a result, SHIBA INU is up 36.03% in the last 24 hours.


The surge in price made the coin one of the top cryptocurrencies by market cap. Currently, SHIB is ranking #47 on CoinMarketCap. The coin has a circulating supply of 394,796,000,000,000 SHIB.


Shiba Inu (SHIB) is a token that aims to be an Ethereum-based alternative to the legendary memecoin, Dogecoin (DOGE).