As people became more interested, the cryptocurrency exchange Gemini added support for the popular meme coin Shiba Inu (SHIB). Gemini announced that in addition to some new defi, metaverse, infrastructure, and data management tokens, it now supports SHIB.
Related Reading | Shiba Inu beats Cardano and Dogecoin in the top 10 followed tokens
As the holders of memecoins steadily increase, new functions of the exchange will follow.
Gemini lists Shiba Inu
The cryptocurrency exchange announced its newest member in a statement Blog post on Friday.
“We are happy to announce Support Shiba Inu (SHIB), And a series of new DeFi, metaverse, infrastructure and data management tokens. “The company said.
“Shiba Inu (SHIB), Audius (AUDIO), Mask Network (MASK), Wrapped Centrifuge (WCFG), Quant (QNT), Radicle (RAD), Burn (ASH), Superrare (RARE), Fetch.ai (FET) And Numeraire (NMR) now support Gemini deposits and custody.”
The recent listing of SHIB on the Gemini platform shows how many users need tokens. In fact, petition For Robinhood, another major exchange, increasing support for SHIB is still in progress.Currently, the petition has 532,237 signatures. However, Robinhood recently stated that it is in no rush to add any new tokens to its platform.
SHIB price at $0.0000528 | Source: SHIBUSD on TradingView.com
Last week, Robinhood Crypto’s chief operating officer and vice president of product operations, Christine Brown, talked about her company’s encryption strategy at a conference. In response to the question of whether the exchange will list SHIB, she replied: “When it comes to the strategy we are going to list, the first thing is that we will not talk about it. Therefore, unfortunately, I will not disclose this here. information.”
She further explained that the company’s strategy is different from other companies such as Coinbase, which are competing for as many asset lists as possible.
“We want to make sure that we are working well and evaluating everything from a regulatory perspective. We are a safety-first company, so we will do this.”
On the other hand, Coinbase is desire Many cryptocurrencies are listed. Earlier this month, the exchange announced that Shiba Inu is now available to residents of New York. Nevertheless, it has been offering SHIB on its platform since June.
Increase in the number of SHIB holders
As SHIB becomes more and more popular, more and more people want to contact it.
The number of Shiba Inu holders is getting closer and closer to the long-awaited total of 1 million holders.At the time of writing, there are now 985,674 unique addresses catch SHIB assets.
Featured image by TronWeekly, Chart from TradingView.com