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Top Australian Exchange Lists Shiba Inu

By:
Oluwapelumi Adejumo
Updated: Dec 23, 2021, 02:18 UTC

One of the oldest crypto exchanges in the world, CoinJar, has announced it has listed Shiba Inu.

Top Australian Exchange Lists Shiba Inu

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Over the last few months, the popularity of meme-themed token Shiba Inu has won support from notable exchanges, and this continues. It has just gained new support from one of the world’s oldest crypto exchanges, CoinJar, which disclosed in a tweet that users of its platform can now trade the asset via its platform.

CoinJar Announces Support for Shiba Inu

The eight-year-old Melbourne-based exchange Shiba Inu alongside six new tokens, including Origin Protocol (OGN), Audius (AUDIO), Cartesi (CTSI), Fetcg.ai (FET), and Quant Network (QNT). This brings the total number of cryptocurrencies available on the longest-running Australian crypto exchange to 48.

The exchange currently boasts of about 400,000 users. It recently earned a position among the top-ranked fintech startups for 2021. Available information even shows that it launched a crypto-enabled Mastercard, supporting 30 different cryptocurrencies.

Other Exchanges That Have Listed Shiba Inu

2021 has been a better year for Shiba Inu. Thanks to its popularity and remarkable price performance, it has won support from notable exchanges. The largest exchange in the United States, Coinbase, listed the meme-inspired tokens. It is also available on Binance, OKex, KuCoin, BitMart, and several other top exchanges. 

Aside from that, Robinhood may also be considering listing the token, as hundreds of thousands of its users and SHIBA fans have signed a petition requesting the trading platform to list the meme token. However, the platform told its community that it needed to consider some things before listing a new token.

Shiba Inu’s incredible price-performance within the last 12 months, at one point, made it one of the top ten largest crypto assets by market cap. Though it has since lost its place in that exalted group, the Doge rival currently ranks among the top 15 crypto assets by market cap.

Interestingly, we reported that the coin holders recently passed the 1 million mark as whales keep stacking it.

As of press time, SHIB is trading for $0.00003659 after gaining over 13% within the last 24 hours.

About the Author

Oluwapelumi is a firm believer in the transformative power power Bitcoin and Blockchain industry holds. He is interested in sharing knowledge and ideas about how the industry could play a pivotal role in the emerging financial system. When he is not writing, he is looking to meet new people and trying out new things.

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