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Shiba Inu

Shiba Inu Featured Among Tradable Tokens On Brazil-Based Digital Asset Exchange

Eli Dambel
by Eli Dambel
2 years ago
·
Posted in Shiba Inu
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Shiba Inu (SHIB) takes center stage in the Brazilian crypto market as Digitra.com, a renowned digital asset trading platform, listed it among its tradable tokens.

This move opens up new opportunities for Brazilian crypto enthusiasts to trade and invest in the popular meme-based virtual token.

Digitra.com was founded in 2021 and has quickly established itself as a leading player in the digital asset exchange industry, offering users a wide range of cryptocurrencies.

Related Reading: Sharp Decline In Miner Balances Suggests Incoming Selling Pressure For Bitcoin

The platform stands a chance to increase its customer base by including one of the fastest-growing cryptocurrencies in recent times. SHIB will attract crypto enthusiasts and investors in Brazil to the trading platform.

Digitra.com Introduces Shiba Inu Trades

Shiba Inu, often called the “Dogecoin Killer,” has gained immense popularity in the crypto community due to its viral marketing campaign and dedicated online community.

By listing SHIB, Digitra.com enables its users to easily buy, sell, and hold digital tokens, further expanding their investment options.

SHIB holders can now leverage Digitra.com’s user-friendly interface and competitive fee structure to trade the digital asset with ease.

Digitra.com launched an exciting giveaway contest to mark the occasion. The contest aims to engage and reward its users with a generous prize pool of 200 Digitra tokens (DGTA).

Notably, the giveaway contest is open to all verified account holders of Digitra.com. Participants must follow Digitra.com’s official Twitter account and show their support by liking the SHIB giveaway tweet before the deadline on May 23rd, 3 PM (UTC). Five lucky winners will be randomly selected to receive an equal share of the prize pool.

Shiba Inu Ecosystem Surges In Adoption

The Digitra.com listing news comes shortly after a prominent exchange based in Bahrain, CoinMENA, hinted at a potential listing of Shiba Inu in a recent tweet.

Moreover, the US arm of Binance introduced an advanced feature called Crypto Box, allowing users to gift Shiba Inu and other digital assets to their loved ones without incurring any fees, adding a new dimension to the utility of SHIB.

Related Reading: Worldwide Cyber Showdown: IRS Deploys Cyber Attachés to Conquer Global Cybercrime

Meanwhile, a Dubai-based digital currency exchange, Bybit, has launched a $20K giveaway contest focused on Shiba Inu, reinforcing the growing popularity and demand for this digital asset.

Shiba Inu Market Overview

Notably, Shiba Inu experienced some recent fluctuations in its price. Over the past seven days, SHIB has seen a slight increase of 1.03% in its value.

Shiba Inu
SHIB trends downward l SHIBUSDT on Tradingview.com

However, in the past 24 hours, there has been a decline of 0.12% in its price. SHIB is currently trading at $0.000000886. However, the Shiba Inu ecosystem stands a chance to regain its price losses, given the increased utility around SHIB.

-Featured image from Pixabay and chart from Tradingview.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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Eli Dambel

Eli Dambel

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Eli brings an eclectic point of view to market analysis. Currently, he writes about various asset classes, including Crypto and Stocks. Eli has been writing crypto oriented content for almost 6 years now and he is a hard core believer in Blockchain and is confident that it can reform the traditional financial system. He also thinks Bitcoin will become universal currency in the near future. You can follow Eli on Twitter: @EliDambel

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