Shiba Inu has now been indexed by way of Philippines-based Cash.ph following extend brought about by way of technical difficulties
Shiba Inu, the second one greatest meme coin, has been indexed on cryptocurrency alternate Cash.ph, in step with a Wednesday announcement.
Cash.ph is among the oldest Philippines-based cryptocurrency exchanges, which was once based again in 2014. It later varied clear of crypto, pivoting to mainstream monetary products and services.
In early April, the buying and selling platform was once obtained by way of former Binance Leader Monetary Officer Wei Zhou, who left the cryptocurrency massive in Would possibly 2021 for private causes. Zhou additionally served because the vp of standard LGBTQ social platform referred to as Grindr.
The deal got here 3 years after the Indonesia-based tech corporate purchased the start-up for $95 million.
As reported by way of U.Lately, Cash.ph to begin with deliberate to record the meme coin on July 13, however the release of the meme coin was once behind schedule because of technical problems, with the group solving “possible insects.”
In early June, the dog meme coin was once additionally indexed by way of Bitstamp, the most important Eu cryptocurrency alternate.
Main buying and selling app Robinhood in the end added beef up for Shiba Inu in April after a Exchange.org petition to record the token surpassed greater than 500,000 signatures.
Regardless of dropping greater than 85% of its worth since attaining a brand new height in overdue October, Shiba Inu stays the fifteenth biggest cryptocurrency by way of marketplace capitalization. The token is these days valued at $7 billion after its worth spiked by way of greater than 9% over the past 24 hours.
Shiba Inu generated greater than $1 billion in buying and selling quantity over the past 24 hours, in step with CoinMarketCap information. Binance’s SHIB/USDT pair accounted for greater than 15% of the quantity.