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Popular crypto exchange CryptoCom aims to bolster Shiba Inu’s (SHIB) popularity by promoting the crypto asset on Google Play Store and Apple’s App Store. Shiba coin cryptocom Shiba Inu coin, popularly known as the Dogecoin-killer, briefly flipped DOGE in market capitalization last week. Dogecoin regained its lost market capitalization to claim its spot in top 10 cryptocurrencies with a spike in trade volume.
Shiba inu on crypto com
The latest development comes a few days after Crypto.com announced that it had partnered with PayPal and Paxos to become a preferred crypto exchange for trading the PYUSD stablecoin. US Bitcoin ETFs Bleed Record-Breaking $563 Million As BlackRock’s IBIT Posts... The Crypto.com DeFi wallet is a non-custodial wallet that gives users access to a wide range of DeFi services in one place. This wallet supports more than 500 cryptocurrencies, including Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH).
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What Happened: Crypto.com announced on Twitter that it has added Shiba Inu along with six other cryptocurrencies to its DeFi wallet. Tags The SHIB tokens are built on the Ethereum blockchain and are ERC-20 tokens, and work by leveraging smart contracts. The Shiba Inu ecosystem has two more tokens, namely, BONE and LEASH which are also ERC-20 tokens. BONE is the ecosystems governance token and it is used by the Shib army to vote and participate in governance on the Doggy DAO. According to the Shiba Inu website, LEASH was supposed to be a rebase token pegged to the price of Dogecoin (DOGE), but it was decided not to rebase it and allow it to unleash its full potential.
Shiba inu coin on crypto com
And it wasn’t the large-cap tokens that were being punted on, but meme coins named after dog breeds that saw greater trading activity from the everyday investor, or so notes Crypto.com: “Altcoin adoption was likely spurred by the influx of new users who were interested in tokens like Shiba Token (SHIB) and Dogecoin (DOGE), among others.” Get crypto news straight to your inbox-- Embarking on $SHIB trading via UpDown Options is seamless. Traders need to download the Crypto.com App and follow a straightforward registration process. With these steps completed, accessing and trading $SHIB contracts is just a few taps away, paving the way for potential trading success.