Tue, April 23

Brazil Based Prominent Crypto Exchange Foxbit Lists Shiba Inu (SHIB)

Brazil Based Prominent Crypto Exchange Foxbit Lists Shiba Inu (SHIB) Altcoin News
  • The Shiba Inu coin is presently owned by 1,176,785 (1.17M) people.
  • Shiba Inu has been up 1.24% in the last 24 hours.

Cryptocurrency trading site Foxbit, based in Brazil, has announced that Shiba Inu and four other crypto assets are now available for trade. LooksRare (LOOKS), Illuvium (ILV), Gala (GALA), and Fantom (FTM) are the other four cryptocurrencies. On February 10, Foxbit stated that Shiba Inu would be listed, but the exchange waited until today and finally went live with trading.

One of Brazil’s most prominent firms, Foxbit, was founded in 2014. Agility, transparency, and security are the three pillars built by the platform. Users in Brazil may trade Bitcoin for a 0% deposit fee against the Brazilian Real on the exchange’s exclusive service.

Buyers Desire to Purchase SHIB

CoinMarketCap data reveals that Shiba Inu’s price hasn’t changed much since it was listed on Foxbit Exchange at a price of $0.00003065. But the 24-hour trading volume for the token surged 4.59 percent to $1,578,842,151.59 compared to the previous trading day. As volume data increases, this signals a buyer’s desire to purchase.

SHIB/USDT: Source: TradingView

The Shiba Inu coin is presently owned by 1,176,785 (1.17M) people, according to Etherscan statistics. Shiba Inu’s (SHIB) price fell to $0.000028 this week after last week’s comeback surge, discounting the meme currency by 15%. Rebounding from the 50-day SMA, the coin price steadily approaches the $0.000033 level. An inverted head and shoulder pattern would be completed if a bullish breakthrough from this resistance occurred, resulting in a long entry opportunity.

According to CoinMarketCap, the Shiba Inu price today is $0.000031 USD with a 24-hour trading volume of $1,244,642,275 USD. Shiba Inu has been up 1.24% in the last 24 hours.

A diploma graduate who is passionate about digital currency and loves writing. He loves the concept of crypto and keeps himself up to date with the latest development and news of the crypto world.