Shiba Inu (SHIB) Will Be Listed on Europe’s Biggest Exchange in 2022

The exchange faced technical difficulties and was forced to delay the listing of SHIB.

In the second half of 2021, there was a significant shift in the narrative of meme coins, like Shiba Inu, which has been long criticized for offering little to no use cases. The adoption of Shiba Inu has steadily increased, as it finds increasing use cases across various sectors.

Recently, the largest cinema chain company in the US, AMC Theaters, announced it will also add Shiba Inu as a ticket payment option. In addition, in November, crypto exchanges Kraken and Gemini also added Shiba Inu to their trading platforms. 

Shiba Inu is back in the news, and this time, Europe’s biggest crypto exchange has announced that it will be listing SHIB come 2022. Launched in 2011, Bitstamp is also one of the oldest regulatory compliant cryptocurrency exchanges.

Shiba’s Listing Delayed

The initial announcement from Bitstamp revealed the exchange’s plans to list SHIB on December 9 at 8:00 AM (UTC). However, the exchange faced technical difficulties and was forced to delay the listing of SHIB.

Providing an update on the listing, Bitstamp assured the Shiba Army that their minds hadn’t changed and SHIB will feature on the exchange in 2022. Bitstamp tweeted;

Since the announcement was made, the price of SHIB has risen by more than 5%. SHIB now trades at $0.00003398. The Shiba Army holds out hope that the coin will rally even more when the SHIB eventually features on Bitstamp.

The Shiba Inu (SHIB) price chart since the Bitstamp announcement. Source: Tradingview

On the Flipside

  • SHIB, which was once the best performing crypto in 2021, now trades 60.5% down from its October 28 ATH of $0.00008616.

Why You Should Care

Shiba’s transition away from a meme coin has led to its increasing acceptance and adoption by industry leading firms.

This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

Milko Trajcevski

Milko Trajcevski is a DailyCoin news reporter, mainly focused on Ethereum (ETH), Cardano (ADA), and their founders (Vitalik Buterin and Charles Hoskinson). Milko is an avid follower of crypto and blockchain technology and has written thousands of articles on the subjects. He finds joy in transforming complex issues into written content that anyone can understand. Milko has used and analyzed numerous exchanges, such as Coinbase, FTX, and Binance. He also closely follows all of the latest news around the largest decentralized exchanges (DEXs). Location: Skopje, Macedonia