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

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.

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

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    Author

    Milko Trajcevski has been in the crypto world for years, and as such has gathered both a skill for writing as well as a native prowess when it comes to understanding everything that occurs within that world. Through skilled writing and determination, he covers articles about cryptocurrency, tokens, blockchain, crypto-asset regulations, crypto wallets, exchanges, liquidity, DApps, forks, mining, security, and blockchain technologies. He is a professional with a track record of proven expertise within the crypto space.