The Shiba Inu Coin-a Mem-Based Cryptocurrency Token-Coin Base App has reached new heights after adding tokens to its platform. The Shiba Inu coin – a meme-based cryptocurrency token-reached new levels last week before taking a big dip while showing the volatility of the cryptocurrency.
Coin prices rose 35 percent after joining the platform. According to Mint, which monitors financial and cryptocurrency news. Coinbase introduced cryptocurrency earlier this week, allowing users to trade Shiba Inu coins on Coinbase.com and the company’s mobile app.
“We are pleased to announce that The Shiba Inu coin is now officially listed live and on the Coinbase and Coinbase apps,” Shiba Inu Coin said on Twitter.
Is Shaib Coin available on other apps?
Earlier in September, Coin Base added Shiba Inu Coin to the Coin Base Pro app, an additional trading platform for professions.
There is speculation that Shiba Inu will join Coin Base after the Coin Base Custody Platform, which allows people to deposit and withdraw cryptocurrency assets.
What happened to the Shiba Inu coin?
Last week, Coinbase added a cryptocurrency token to its list, allowing users to trade Shiba Inu coins on Coinbase.com and the company’s mobile app.
According to Mint, which monitors financial and cryptocurrency news, the value of the Shiba Inu coin has risen by 35%.
Why the Shiba Inu coin will not soar again?
According to AMB Crypto, a cryptocurrency news site. The value of the Shiba Inu coin has risen. But it has not lasted long since there has been steady growth.
When Shaib Coin was listed on Coin Base Pro, it increased by 28.87% in just one day. Still, it could not cross the value of 0.00001010 which is since in May the hype for the coin was high.
The Shiba Inu coin skyrocketed after the addition of Coinbase this week.
This kind of attitude is the reason why SHIB is an incredible asset because it is literally treated like a pump and dump asset. According to AMB.
Will the price of Shaib Inu coin increase?
For some time, investors have thought that listing on the Shiba Inu coin base would add value and value. The Shiba Inu coin is often overvalued when it is mentioned on social media because many of its values are hyped. When social media promotes it, people will learn more about the coin and invest.
Shiba Inu coin is still a risky investment, he said. According to Mint, “Mimicoins is a highly volatile cryptocurrency that has witnessed rapid movement based on news events.”