Shiba Inu (SHIB), one of the top earners in the crypto market since it added Robinhood to its list on Tuesday, is preparing for the list of a South African-based exchange this time.
Shiba Inu is listed on one more exchange after Robinhood
Shiba Inu is listed on the South African crypto exchange VALR in ZAR pair. This list will enable thousands of VALR users to buy and sell Shiba Inu using South African Rand. Thus, SHIB joins BTC, ETH, XRP, SOL and BNB as exchange pairings with ZAR, allowing users to trade SHIB directly for ZAR.
Launched in 2019, VALR has 250,000, mostly located in South Africa It serves 500 corporate customers as well as more than 1,000 individual investors. In March, VALR announced that it has raised $50 million in a Series B equity funding round led by Pantera Capital, with participation from Alameda Research, Coinbase and others. Using the financing, VALR hopes to expand to more countries in Africa and other emerging markets such as India.
Shiba inu listed on more than 100 exchanges
A recent Shiba Inu (SHIB) official blog post shared the progress the SHIB project has made so far over the past year. The report noted that SHIB is listed on more than 100 crypto exchanges, including Coinbase, Binance, Kucoin, Huobi, Voyager, Crypto.com, and Kraken. As we quoted as Kriptokoin.com, it was one of the top earners in the crypto market on Tuesday, as Robinhood added it to its list.
Shiba Inu’s profitability is growing exponentially
According to IntoTheBlock data, the second largest meme cryptocurrency Shiba Inu (SHIB)’s profitability is down 43% after previously falling to 36%. e rose. Shiba is currently trading at $0.00002677 after hitting $0.00003 on April 12.
According to IntoTheBlock data, Shiba (SHIB) whales have been on the brink in the last 24 hours, with a 508% increase in large transactions. Large transaction spikes are often associated with increased activity from institutional players or whales buying or selling. According to data obtained by IntoTheBlock, these transactions exceed $100,000 moved.
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