#SHIB #shibainu #shibainucoin
Shiba Inu, a new Dogecoin-inspired cryptocurrency launched last August, will be forming ties with coinbase, the world’s largest cryptocurrency exchange. This will be a big win for Shiba Inu and its investors. The news heightens Shib Inu’s visibility and offers more purchasing access to prospective buyers. Shiba Inu coin has been classed as the next upcoming cryptocurrency, but after recent down surges can Shiba really create overnight millionaires? And what is Coinbase’s involvement with the dog bred token?
ShibaSwap: Why will it be crucial for the project?
ShibaSwap would become what SushiSwap is for the token SUSHI. And it would make it much more convenient for investors to hold tokens. It is not yet clear when the project will be available in public access, but screenshots are starting to circulate on various social networks that would show a system already working. A system that, according to the official website of the project, would be in the phase of test on security and ready to go online soon. That’s what a lot of Shib investors expect, with the token price being, at least for the moment, far from its all-time high, even though the total market value is still over $3 billion, with Shib still in the mid-range of the first 30 tokens by market capitalization. In addition, an ongoing petition online to get Shib listed on Coinbase is gaining traction, nearing the 40,000 mark to become among the top signed petitions on Change.org
What does this mean for Shiba Inu?
Following the popular crypto exchange’s decision to list Dogecoin last week, hopes are rising that Shiba Inu could also catch the platform’s attention soon. It is clear that a community loud enough with a few well-known celebrities, such as Elon Musk and Mark Cuban caused the meme token to be listed on the exchange, even though the use of the crypto is fundamentally limited to small tasks such as giving tips to content creators. So, with the help of the Shiba Inu army and famous stars like Meek Mill who recently tweeted about Shiba Inu on Twitter, Shiba Inu will have the same outcome that dogecoin has. In fact, There has been a recent petition created for the Shib coin to be listed on coinbase by a man named Caleb Schriker, the link will be down below in the description and comment section. The petition says, The rising demand of Shiba Inu Cryptocurrency brings many users new to the cryptocurrency space. Listing Shiba Inu on Coinbase would be a massive opportunity for many newcomers to get deeper into the crypto community and the numerous rewards that come with buying crypto. We’d like to see the coin listed on Coinbase as a tradeable asset to make it easier to purchase for someone brand new and more accessible for people already investing to use anywhere. With a Market Watch approaching 900,000 on Coin Market Cap and over 470,000 Holders, this would be a great chance to capitalize on the mission the ShibaSwap team is trying to accomplish with this project. A coinbase listing is certain to create a wider awareness to the next up Shiba Inu coin and rival dogecoin for the top meme crypto. Speaking on the company’s Q1 earnings call, CEO Brian Armstrong even said Coinbase is also accelerating its process for listing coins to include digital assets that have just been minted. In the future, the company will try to be the first exchange to list what are called debut coins or cryptocurrencies that have just been minted and are seeing their first day of trading volume. We’re going to have to do this in the future, be the first to list a number of these coins, CEO Brian Armstrong said. Coin listings like those for Internet Computer, The Graph, and Ampleforth Governance Token have been the first time the exchange has listed coins with no volume.
BoomBaby:
Shiba Coinbase Petition:
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