Shiba Inu (SHIB), which was added to the Robinhood list on Tuesday, is experiencing a demand frenzy among Ethereum whales and another company is added to its basket.
Shiba Inu becomes the most traded cryptocurrency
After the long-awaited listing on Robinhood exchange, the Shiba Inu has garnered a ton of social attention on platforms like Twitter. According to whale watching bot WhaleStats, Shiba Inu is currently the fifth most purchased token in the market, second only to various stablecoins and Ethereum.
As for the largest dollar position among the top 500 Ethereum (ETH) whales, Shiba Inu still ranks first, beating FTX Token and wrapped Bitcoin. The whales’ total SHIB funds are worth $1.4 billion, the highest token held by whales since the start of the year.
After the Robinhood listing we quoted as Kriptokoin.com, the 20% increase in the Shiba Inu price was followed by massive whale purchases. It seems that the popularity of the meme token will continue for a while with the news of listing and adoption…
SHIB has been added to the payment list of one more company
Mexico-based crypto exchange Bitso, a delivery company Rappi Mexico users now He announced the positive news that they will be able to pay with cryptocurrencies, including Shiba Inu.
a Colombian on-demand delivery of food and other goods across Latin America Delivery app Rappi is launching a cryptocurrency payment pilot program in Mexico. Rappi is partnering with crypto providers Bitpay and Bitso to support the new service that will allow users to convert cryptos to loans and use them for in-app purchases. SlingTV, American Cancer Society, Newegg, Menufy, Carolina Hurricanes, and Twitch are among the major companies currently accepting SHIB via BitPay.
The Shiba Inu was one of the top earners in the crypto market on Tuesday as it added it to Robinhood’s roster. At the time of writing, it is trading at $0.00002688.
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