The largest crypto exchange in the US has allowed the exchange and sale of the new digital currency.
The cryptocurrency meme Shiba Inu (SHIB), founded in August 2020, has become listed on Coinbase, the largest digital currency exchange platform in the US, and on Friday it soared 27% after its debut in the crypto market North American.
Coinbase accepted Shiba Inu on Thursday, allowing its users to "buy, sell, convert, transfer, receive or store" the digital currency.
The decentralized meme token was devised as an alternative to another 'canine' meme cryptocurrency, dogecoin, and currently costs $ 0.0000076, showing an upward trend. In other words, the investment of just one penny will bring the platform user 1,315 SHIB.
Following its launch on Coinbase, Shiba Inu's market capitalization went from $ 2.67 billion to $ 3.39 billion in less than a day, from Sept. 15-16, according to data from CoinMarketCap.
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