One of the world’s largest cryptocurrency exchanges announced that it has listed Shiba Inu (SHIB). Apparently the news gets the whales moving, too.
Famous exchange opened SHIB/USDC transactions
Cryptocurrency exchange Bybit, headquartered in Singapore, opened the SHIB/USDC pair for trading. The popular cryptocurrency exchange announced that it has listed four new USDC pairs, including SHIB/USDC. Listed trading pairs include GMT/USDC, LINK/USDC, and CHZ/USDC.
As we have quoted as Kriptokoin.com, Bybit added Shiba to its platform in December last year. Founded in 2018, the cryptocurrency exchange caters to more than 5 million registered users. Meanwhile, Bybit is the 41st largest exchange on CoinMarketCap (CMC) by daily trading volume. According to CoinMarketCap, users have currently traded $254.48 million on Bybit over the past 24 hours. The listing news is of great importance to Shiba, as Bybit is a very voluminous exchange.
Biggest Ethereum whales put Shiba in first place
WhaleStats recently reported that the Shiba Inu is the largest holding position in terms of dollar value among the top 100 ETH whales. They now hold a total of $151.72 million worth of Shiba in their wallets.
SHIB Metaverse announces new update
On the other hand, SHIB Metaverse, which was released in mid-April, announced a new upgrade. The Shiba team announced today that they will be adding a very important new upgrade called WAGMI Temple HUB.
As part of SHIB Metaverse’s core efforts, Shiba Inu announced today that it has formed two additional teams. The newly formed teams will play an integral role as an intermediary between the Shiba Inu community and the core managers of the dog-themed project. Shiba Inu explained in a blog post:
We are pleased to introduce to the community the formation of an additional dedicated team that will help to be the eyes, ears and voice of the community to raise community questions, concerns and views.
The rationale behind creating the new teams is specifically to establish a link between all existing SHIB: Shiba Inu lead developers, expert advisors, and Metaverse builds, including AAA Studio.
Details of newly created teams
According to the announcement, the first team created by Shiba Inu is called Shib: Creative, Innovation, Community Feedback/Broadcast Aid. Specifically, members of this team are also known as Defense Team members. Members of the group include popular Shiba Inu influencers like Trophias, UB, and David Kern.
The second team created is called Shib: Intake, Marketing, Sponsorships/Partnerships Aid. This group will also be referred to as the SHIB Growth team. Its members include famous Shiba phenomenon Milkshake, Baysed, and FIRSTWORLD. Both teams will be responsible for being the “eye, ear and voice of the community” to escalate all SHIBArmy concerns, opinions and questions to the core team.