Dogecoin Rival SHIB Listed on Coinbase Pro

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Tue, 06/15/2021 - 17:15

Alex Dovbnya

Shiba Inu (SHIB) will be the second canine coin to land on Coinbase Pro

Dogecoin Rival SHIB Listed on Coinbase Pro

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Coinbase Pro, the professional arm of the biggest U.S. crypto exchange, has announced the listing of meme cryptocurrency Shiba Inu (SHIB).

Earlier this month, the trading platform also added support for Dogecoin, the flagship canine coin.

Apart from SHIB, Coinbase Pro is also listing Chiliz (CHZ) and Keep Network (KEEP).

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Trading will begin after 9 a.m. PT Thursday.

Yesterday, Coinbase Pro also listed Polkadot (DOT), causing a major spike in the cryptocurrency's price.

SHIB is currently up 26 percent over the past 24 hours, according to CoinMarketCap data.

Last month, Ethereum co-founder Vitalik Buterin burned 90 percent of the SHIB tokens that were gifted to him by the token's anonymous developers, adding that their remaining share would be sent to charity.

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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.