On Tuesday (February 1), highly popular meme-inspired cryptocurrency Shiba Inu ($SHIB) was welcomed by another cryptoexchange in the world’s 17th most populous nation.

Here is what crypto payment processor said about the Shiba Inu project back in December 2021 when it announced in a blog post that $SHIB fans would finally be able to “buy, store, swap and spend with this Ethereum ERC-20 token directly in the BitPay app“:

Anonymously created in August 2020, the decentralized meme token is another token inspired by the Japanese dog breed Shiba Inu. The token has recorded the greatest increase in value and popularity in 2021 of all the cryptocurrencies thanks to its community of supporters, the SHIBArmy.

Unlike other cryptocurrencies, SHIB was built with a total supply of one quadrillion, so investors of SHIB can hold up to trillions in their wallets.  The token has evolved into the Shiba Inu ecosystem called ShibaSwap, a decentralized exchange on the Ethereum network. SHIB has two sibling tokens, Leash and Bone.

Last October, Istanbul-based crypto exchange Paribu, which was launched on 14 February 2017, listed Shiba Inu ($SHIB):

Well, yesterday, $SHIB got listed Turkish crypto trading platform Bitexen:

Last Saturday (January 29), the Shiba Inu project celebrated getting to 2.7 million followers on Twitter:


The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, or other advice. Investing in or trading cryptoassets comes with a risk of financial loss.

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Featured Image by “smuldur” via Pixabay