Crypto News – The cryptocurrency exchange Coincheck, which is based in Japan, just announced that it will move forward with the SHIB listing on Thursday. The announcement of the new listing coincided with a notable price spike for the token, creating a whirlwind of speculative discussion throughout the cryptocurrency ecosystem.
Praise for SHIB Listing: Shiba Inu Price Boosted by Shytoshi Kusama Highlighting the Listing
Coincheck, a prominent exchange in the Japanese cryptocurrency industry, is expanding its cryptographic endeavor and rising in the markets with this new listing. Additionally, the listing news was emphasized by Shiba Inu’s principal developer, Shytoshi Kusama, drawing attention to the SHIB cryptocurrency from investors and traders across the globe.
Shytoshi Kusama Commented on the Listing Announcement
According to the notification made today, December 14, the exchange is prepared to start managing SHIB trades on its platform right now. The exchange’s announcement also clarifies how memecoin, which started out as a joke currency, rose to prominence as one of the most widely used cryptocurrencies in the market for digital assets.
In keeping with this, Satoshi Hasuo, the exchange’s director, decided to list Shiba Inu, a memecoin, on the marketplace. The company wants to increase its user base in the larger cryptocurrency market in line with the exchange’s recent IPO.
On the other hand, the lead developer for SHIB Kusama greeted the cryptocurrency exchange and further emphasized the announcement on X. The news acquired a lot of traction when the lead developer emphasized it more during a price spike, given Kusama’s considerable global prominence in the cryptocurrency space.
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