Shiba Inu has gained another remarkable milestone by scoring a major listing on Bit.com.au, an Australian cryptocurrency exchange. This achievement adds to SHIB’s growing list of accomplishments, reflecting the cryptocurrency’s recent surge in momentum and impressive performances.
Australian Crypto Exchange Lists SHIB On Monday, March 25, Bitcoin.com.au officially announced the listing of Shiba Inu’s native token, SHIB on its platform. This move comes as part of the Australian exchange’s efforts to expand its cryptocurrency offerings and cater to the growing demand for cryptocurrencies among Australian investors.
Interestingly, Bitcoin.com.au is a cryptocurrency exchange that has been operating since 2015, providing crypto trading services to thousands of users in Australia. The exchange’s decision to list Shiba Inu reflects its recognition of the cryptocurrency’s rising popularity and future potential.
Recently, SHIB has been gaining traction, growing rapidly in popularity in different regions globally. The cryptocurrency has also recorded a position as one of the top most searched digital currencies on Google, second to Bitcoin in regions like Europe.
Due to the meme coin’s increasing popularity, many exchanges including Binance, Coinbase, and Bybit have listed it on its platform. Additionally, its growing interest among traders and investors effectively underscores the cryptocurrency’s burgeoning potential and appeal.
In addition to Shiba Inu, Bitcoin.com.au offers a plethora of other cryptocurrency options, including leading digital assets like Bitcoin (BTC), Ethereum (ETH), XRP, and Dogecoin (DOGE).
Shiba Inu Extends Its Reach Into Australian Markets Shiba Inu’s official integration into Bitcoin.com.au’s crypto offerings marks a significant achievement, as it provides Australian investors access to the popular doggy-themed meme coin. This development effectively extends the reach of Shiba Inu into the Australian markets, providing solid ground for more growth and development within the ecosystem.
With Australia being home to a surging cryptocurrency community, SHIB is poised to potentially gain widespread adoption as investors delve into the opportunities available in the cryptocurrency. Additionally, Bitcoin.com.au may benefit from new users as well as Shiba Inu’s large community of investors and supporters.
This listing also comes at a time when Shiba Inu has been experiencing a resurgence in prices and investor interest. In the past month, the cryptocurrency has surged by approximately 215.32%, pushing its price up to about $0.00003, at the time of writing.
Despite previous market fluctuations, SHIB has demonstrated resilience and has continued to capture the attention of investors and traders globally. As the cryptocurrency continues to achieve new milestones in expanding its presence, its listing on Bitcoin.com.au further solidifies its position as a prominent player in the digital asset landscape.
SHIB price begins another recovery trend | Source: SHIBUSDT on Tradingview.com Featured image from Coin Chapter, chart from Tradingview.com
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Scott Matherson Scott Matherson is a leading crypto writer at Bitcoinist, who possesses a sharp analytical mind and a deep understanding of the digital currency landscape. Scott has earned a reputation for delivering thought-provoking and well-researched articles that resonate with both newcomers and seasoned crypto enthusiasts. Outside of his writing, Scott is passionate about promoting crypto literacy and often works to educate the public on the potential of blockchain.