Shiba Inu token which was launched as Dogecoin killer has succeeded in getting popularity among crypto investors. No doubt the coin is not performing as expected after May. Many SHIB holders are still in huge loss after May 2021. According to Coimarketcap, it’s all-time high (ATH) price was $0.00003503 on 10 May 2021 and now this coin is trading at $0.000006913.
But we cannot ignore its volume and market cap. Where all altcoins are down but the SHIB token’s price has increased approximately 20% in the last 24 hours (on 09 Sep 2021).
SHIB is Launched on Coinbase Pro
SHIB is launched on Coinbase Pro and this is Big News for Shiba Inu (SHIB) holders. According to Coinbase Pro, “Inbound transfers for SHIB are now available in the regions where trading is supported. Traders cannot place orders and no orders will be filled. Trading will begin on or after 9 AM PT on Thursday, September 9, if liquidity conditions are met.”
Coinbase tweeted, once the sufficient supply of SHIB tokens is on their platform, then they will launch SHIB-USD and SHIB-USDT orders in 3 phases. The exchange also said if order books do not meet their assessment for a healthy and orderly market, then they will keep the book in one state or suspend the trading as per Coinbase trading rules.
Overall it’s a piece of big news for all SHIB holders and supporters, we hope the SHIB token will successfully fulfill the assessment procedure of Coinbase Pro. After this news, there are maximum chances of a big Pump in the SHIB token.
Related Article: SHIBA Inu Vs Dogecoin: Who Will Cross The $1 Mark?
I am Pawan Kashyap currently living in Amritsar. I always try to grab new things from the cryptocurrency market. From my observations and trends in the market, I always try to provide the best and accurate information in the form of articles from this blog. Follow us on Facebook, Instagram, and Twitter to join us.