Nov 5, 2021 – The world’s largest cryptocurrency trading marketplace Coinbase has officially added the popular cryptocurrency Shiba Inu to it’s platform as of today. However, only New York residents are available to buy at this time.
This is likely to cause a spike in Shiba Inu coin price over the weekend, as likely occurs when a new cryptocurrency is listed on a large exchange such as Coinbase.
Just two weeks ago fellow crypto exchange giant Crypto.com listed Shiba Inu for trading and in the following days the price went from 0.00006 to 0.00008, and then shortly reaching an all-time high at 0.000088.
Over the past 3 months Shiba Inu has increased +657% and +98.83% in just the last month.
Shiba Inu has become a crypto favorite among the alt-coins due to it’s still low price and loyal following on Reddit of over 122k members.
As of the time of this writing you can purchase 1 million Shiba Inu for just $62 USD.
This listing is a huge indicator that the coin will soon be available to all users of Coinbase as well as Robinhood shortly after.