Crypto Exchange Gemini Lists Shiba Inu As Number Of Holders Increases
November 14 2021 - 11:00AM
NEWSBTC
Crypto exchange Gemini has added support for popular meme coin
Shiba Inu (SHIB) amid growing interest. Gemini announced that it
has now supports SHIB in addition to a few new defi, metaverse,
infrastructure, and data management tokens. Related Reading
| Shiba Inu Beats Out Cardano, Dogecoin On Top 10 Watch-Listed
Tokens The exchange’s new addition comes as holders of the meme
coin are steadily increasing. Gemini Lists Shiba Inu The crypto
exchange announced its latest additions in a blog post on
Friday. “We are delighted to announce support for Shiba Inu
(SHIB), as well as a range 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) are now supported for deposits and
custody on Gemini.” SHIB’s recent listing on Gemini’s platform is a
sign of how much users are demanding the coin. In fact,
the petition for another major exchange, Robinhood, to
add support for SHIB is still ongoing. At the moment, the petition
already has 532,237 signatures. However, Robinhood recently
indicated that it is not rushing to add any new coins to its
platform. SHIB price at $0.0000528 | Source: SHIBUSD on
TradingView.com Last week, Christine Brown, Robinhood Crypto’s COO
and VP of Product Operations talked about her company’s crypto
strategy at a conference. Responding to a question about whether
the exchange will list SHIB, she replied “When it comes to our
strategy of what we are going to list, the first thing is that
we’re not going to talk about it. So I’m not going to break that
news here, unfortunately.” She further explained that the company’s
strategy is different from others like Coinbase, who are racing the
list as many assets as possible. “We want to make sure we are
working and assessing everything from a regulatory perspective very
well. And we are a safety-first company so that’s how we’re going
to play it.” Coinbase, on the other hand, is eager to list
many cryptocurrencies. Earlier this month, the exchange announced
that Shiba Inu is now available to New York residents. Although, it
has been offering SHIB on its platform since June. Number of SHIB
Holders On The Rise As SHIB grows in popularity, more and more
people want to get their hands on it. Related Reading | AMC
Theatres Says Customers Will Soon Be Able To Pay With Shiba Inu The
number of Shiba Inu holders is getting closer to the long-awaited
number of one million holders in total. At the time of writing,
985,674 unique addresses now hold SHIB assets. Featured image
by TronWeekly, Chart from TradingView.com
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