In 2021, the Shiba Inu meme-based currency Shiba’s have arrived to become a milestone for meme-based coins.
Shiba Inu has been assessed as a purchasing, selling, and trading choice on Australian exchange CoinJar just ahead of the Christman and New Year festivities.
CoinJar was established in 2013 and is described as one of the longest-running cryptocurrency exchanges in Australia.
The platform now supports seven more tokens, including Fetch.ai, Origin Protocol, Cartesi, Orchid, Quant Network, and Audius.
SHIB has also been integrated into the platform as CoinJar expands its crypto offerings for individuals to experiment with and explore.
“It was unavoidable in retrospect. SHIB has arrived. You can now purchase, trade, send, and exchange Shiba Inu using your CoinJar Wallet starting today. You may also use SHIB to shop for last-minute Christmas gifts with the help of CoinJar Card.” The firm added.
The CoinJar Card is a crypto debit card that enables customers to make purchases at places that accept Google Pay or Apple Pay. In recent months, the Shiba Inu has received a lot of attention throughout the world.
On October 25, WatcherGuru reported that the meme coin, which was initially intended to be a joke competition to Dogecoin, rose to become the 11th-largest cryptocurrency by market value.
On December 3, online medical service provider Ask The Doctor announced that it had raised $1.5 million in Shiba Inu tokens from its partners, and would begin accepting them as a payment option in the near future.
The cryptocurrency market is growing larger, and several firms are looking into the use of Shiba Inu Tokens as a payment option. AMC Theatres, which is based in the United States, may also accept them.
The SHIB token, which has outperformed Bitcoin and other altcoins in terms of market capitalization, was named the most popular cryptocurrency on Twitter by research firm ICO Analytics, according to a recent study.
Other international exchanges that have added the Shiba Inu coin to their platforms include Kraken and BitPay.
According to CoinMarketCap, a Shiba Inu costs $0.00003509 (roughly Rs. 0.0026), which is a fraction of the normal price range for this breed.