Shiba Inu has continued to gain user attention in the cryptocurrency market over the past few months. Along with so many listings in the US, the token has seen an increase in its adoption. This is one of the main triggers for its massive increase in recent months. With the token's success story surging around the world, more cryptocurrency exchanges are listing the token. Spanish cryptocurrency exchange, Bit2Me announced that it has added the token for users to buy, sell and trade.
Shiba Inu has enjoyed massive adoption this year
According to Bit2Me, the main reason it considered and eventually listed the asset was because of user requests to list the token. Shiba Inu entered the cryptocurrency market last year, but the meme coin had to wait until this year to establish itself in the market. Also, he couldn't do anything on his own, as he rode Dogecoin's success.
The success of both coins was propelled by the powers of influence of Tesla boss Elon Musk. While the token is currently seeing a small decline in value, it has established its place as one of the best-performing assets since the beginning of this year. With all this and a few other factors, Bit2Me took the trouble to list the high-yielding token.
Exchanges continue to list SHIBs
In its Twitter announcement, the company said it intends to help Shiba Inu kill off competition from Dogecoin, hence the listing. Speaking of Dogecoin, the platform announced the token listing a few months ago. Bit2Me has grown to be popular in and out of Spain since it was founded in 2014. The platform allows traders to access different digital assets on the market and pairs them with the euro.
The platform also has its own Bit2Me academy program, where it provides cryptocurrency education to more than a million potential traders every year. In addition to Bit2Me, Unocoin, a cryptocurrency exchange in India, also announced that users can now buy, sell and trade SHIB and DOGE. Even though the world has yet to make progress with its crypto regulations, crypto activities are still going on almost everywhere and even here in Italy.
Did you know that you can also trade crypto CFDs through platforms such as Bitcoin Pro. What is your attitude towards cryptocurrencies? Are you waiting for a regulation or do you prefer everything to remain as it is? Let us know in the comments section below.
