The price of the shiba inu cryptocurrency rose on Tuesday after Coinbase revealed that the meme cryptocurrency would begin trading on Coinbase Pro this week.
Coinbase To Trade Shiba Inu
Coinbase announced Tuesday that shiba inu (SHIB) crypto would begin trading on Coinbase Pro this week, after the listing of the meme cryptocurrency Dogecoin (DOGE) earlier this month. Some consider the ERC20 crypto shiba inu to be a viable alternative to Dogecoin.
Coinbase Pro users can now transfer shiba inu tokens into their accounts, according to the Nasdaq-listed business. Residents of New York, however, will not be able to use SHIB. The firm clarified:
Trading will begin on or after 9AM Pacific Time (PT) Thursday June 17, if liquidity conditions are met.
Coinbase added SHIB little more than a month after that
Coin
‘ href=”https://www.newsbtc.com/dictionary/coin/”>coin similar to Dogecoin, which was inspired by a Shiba Inu meme from the 2010s. It is, however, an ERC20 token, which means it functions on the Ethereum network, unlike DOGE.
SHIB is the 17th-largest
