Dogecoin Killer Shiba Inu Coming to Brazil's Largest Crypto Exchange

Alex Dovbnya

Brazil's Mercado Bitcoin is set to add support for Shiba Inu on the first day of December

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Wed, 1/12/2021 - 15:13

Dogecoin Killer Shiba Inu Coming to Brazil's Largest Crypto Exchange

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Mercado Bitcoin, the largest cryptocurrency exchange in Brazil, has announced that Shiba Inu will become available for trading starting from Dec. 1.

The token is yet to be added to the trading platform at the time of writing.

The announcement was accompanied by a video of a Shiba Inu dog in military gear.

Uma das moedas que mais valorizaram em 2021 e que acumula um verdadeiro exército de seguidores??

É isso aí! Amanhã, $SHIBA estará disponível no MB, com um histórico de valorização de mais de 18000%, até agora neste ano.

? 01/12 #shibarmy @shibtoken #shibainu pic.twitter.com/24HuhiBymA
— Mercado Bitcoin (@MercadoBitcoin) November 30, 2021

After listing SHIB, Mercado Bitcoin will also add support for Cosmos (ATOM), Polkadot (DOT) and Loopring (LRC) later this week.

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2TM, the parent company of the number one exchange in Latin America, raised another $50.3 million in late November. This occurred just months after raking in $200 million in July during a Series B investment round spearheaded by Japanese conglomerate SoftBank.

Last month, Korbit became the first cryptocurrency exchange to list Shiba Inu in South Korea.

Kraken, one of the world's top exchanges, also added support for the top token earlier this week.

#Shiba Inu #Cryptocurrency Adoption

About the author

Alex Dovbnya

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at alex.dovbnya@u.today.