Shiba Inu Coin Take Off after Coinbase Pro adds Shiba Inu Trading
Coinbase Pro Adds Shiba Inu Trading
Following the listing of the meme cryptocurrency dogecoin (DOGE) early this month, Coinbase announced Tuesday that the Shiba Inu (SHIB) crypto will start trading on Coinbase Pro this week. The ERC20 crypto Shiba Inu is seen by some as an alternative token to dogecoin.
Coinbase Pro users can transfer Shiba Inu tokens into their accounts. However, SHIB will not be available to New York residents.
Trading will begin on or after 9AM Pacific Time (PT) Thursday June 17, if liquidity conditions are met.
The price of the Shiba Inu cryptocurrency jumped over 30% around the time of the Coinbase announcement. At the time of writing, the price of SHIB is $0.0000092 and its market cap is $3.6 billion, based on data from Coinbase.