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Showing posts from November, 2021

SHIB/EUR Pair Available on Bitpanda

  Shiba Inu can now be traded against euro on Bitpanda Peter Thiel’s  Bitpanda  announced that it added a euro trading pair for the Shiba Inu cryptocurrency.  The pair was promised to become fully available for trading today, on Nov. 19. Initially, Bitpanda added support for the SHIB token in early October, which came before the cryptocurrency's eye-popping rally that took place last month. This week, Shiba Inu has also been integrated by keyless cryptocurrency wallet  ZenGo  and payment processor  CoinGate . Shiba Inu dominance reaches 21% among whale-tier holders According to Whalestats, despite  Shiba Inu's  poor market performance, large investors are still interested in purchasing some tokens for their portfolios.  The on-chain data shows that they have decided to increase their position in the meme-based tokens, making Shiba Inu gain additional dominance compared to previous periods.  As of yesterday, 21% of the biggest wallets hold Shiba Inu , compared to 17% on Wednes

A major crypto exchange’s CEO is set on holding Shiba Inu crypto long term

A major crypto exchange’s CEO is set on holding Shiba Inu crypto long term despite its recent tumble. Here’s why The trading volume of Shiba Inu recently surpassed that of bitcoin for at least three consecutive days on KuCoin, the world’s third-largest crypto exchange based on trading volume, according to Johnny Lyu, KuCoin’s CEO. On Oct. 28, SHIB’s volume was almost three times that of bitcoin. KuCoin primarily targets retail investors, Lyu said. As the world’s third most googled cryptocurrency, Shiba Inu notched a gain of more than 380% for the past 30 days and rallied more than 76,000,000% over the past 12 months. “Seeing bitcoin’s rise, some younger investors without a lot of money want to profit from crypto as well,” Lyu said. “But you’d need over $60,000 to buy one bitcoin. So they turn to Dogecoin and SHIB, where you buy tons using just $100.”  A bitcoin can be divided into 100 million satoshi, its smallest unit. “These investors are very passionate about such tokens and are det

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