Coinbase Pro was in the spotlight earlier this month as it announced the listing of the most popular meme coin, Dogecoin, on its platform. The well-known crypto exchange has once again caught the attention of crypto enthusiasts all around the world as it has announced the listing of:
- Shiba Inu (SHIB)
- Chiliz (CHZ)
- Keep Network (KEEP)
Shiba Inu is yet another popular meme coin that is now available for trading on Coinbase Pro. The transferring of tokens into accounts was enabled for Coinbase Pro users yesterday and the trading reportedly started at 9 in the morning.
Cryptocurrencies are indeed getting more and more recognition as famous individuals and global organizations are embracing them. People who have been planning to invest in crypto assets can use secure exchanges and invest their funds safely and easily.
Nevertheless, people who are new to crypto trading should also be careful while choosing an exchange and opt for PrimeXBT Covesting, which is one of the best ones for beginners.
Has There Been a Price Surge for SHIB?
After the listing of Dogecoin (DOGE) on Coinbase Pro, the price of the meme crypto asset was seen to rise 20% within 24 hours.
The same can be seen for the above-mentioned coins that have been listed on Coinbase Pro.
A price surge was noted for SHIB in May, which highlighted the role of meme crypto assets in the crypto space. Shiba Inu has yet again risen higher, following the announcement by Coinbase Pro.
- An increase of 23% has been noted in SHIB’s price within 24 hours of the announcement and the meme coin is now trading at US$0.000008743 (at the time of writing).
- A 12% increase in the price of Chiliz has been observed in 24 hours following the announcement. CHZ is now trading at US$0.32 (at the time of writing).
- According to reports, Keep Network saw an increase of 5.4% within the last 24 hours. KEEP is now trading at US$0.55 (at the time of writing).
Chiliz and KEEP are both ETH tokens, the former token allows traders to interact with sporting teams, whereas, the latter aims to connect public blockchains and private data.
With the advancements in the world of crypto, some enthusiasts anticipate meme coins, DOGE and SHIB, to take over the market at one point. However, this is just speculation at the moment and is vulnerable to numerous factors before it comes to pass.
Are You New to the Crypto Space?
The crypto space is an exciting and unpredictable place and choosing which digital asset to invest in can be somewhat intimidating for novice parties. There are thousands of digital currencies in the market, some of which are more popular than the others, such as:
- Bitcoin (BTC)
- Ethereum (ETH)
- Cardano (ADA)
- Ripple (XRP)
- Polkadot (DOT)
Meme coins such as DOGE and SHIB are relatively new to the market but seem intriguing for the people indulged in meme culture.
However, if you are new to the world of crypto make sure you thoroughly search for a crypto asset that best suits your criteria and then choose the most popular crypto exchanges to purchase it.
Crypto traders should also be careful while using an exchange to trade. If you are a margin trader you can trade Bitcoin with up to 100x leverage on Bybit. Use this link to sign up and earn a free bonus on your initial deposit.
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