BitTrade to Support Dogecoin (DOGE) and Shiba Inu (SHIB)
Japanese crypto exchange BitTrade has announced that it will allow deposits and withdrawals in Dogecoin (DOGE) and Shiba Inu (SHIB) starting from October 18. This move will increase the total number of supported assets on the platform to 34. BitTrade, founded in 2016 and acquired by Huobi in 2018, is one of the leading cryptocurrency exchanges in Japan.
The upcoming adoption of these memecoins has been highlighted by Shibarium’s Market Strategist, LUCIE, on Twitter. Analysts believe that mass adoption of Shiba Inu could be a key factor contributing to its future price growth. Other factors include market sentiment, institutional investor participation, macroeconomic conditions, the success of the burning program, and advancements in the layer-2 scaling solution Shibarium.
Hot Take: SHIB’s Future Growth Relies on Mass Adoption
As BitTrade prepares to support Dogecoin (DOGE) and Shiba Inu (SHIB), it is evident that these memecoins are gaining traction in the crypto market. The decision to embrace these assets highlights the potential for their future growth. Analysts believe that mass adoption of Shiba Inu will play a crucial role in driving up its price.
With Shibarium’s advancements and favorable market conditions, SHIB has the potential to outperform other memecoins. As more investors and institutions show interest in this unique digital asset, its value could soar. Keep an eye on SHIB as it continues to make waves in the crypto space.
By
By
By
By