JAKARTA - The price of the Shiba Inu (SHIB) coin skyrocketed on Tuesday. This happened after the SHIB listing on Coinbase Pro earlier this week. Previously, Coinbase had been trading Dogecoin (DOGE) on its platform some time ago.
According to Bitcoin News, Coinbase Pro users can transfer Shiba Inu tokens to Coinbase users' accounts. However, SHIB is reportedly not available to New Yorkers.
"Trading will commence on or after 9 a.m. Pacific Time (PT) Thursday 17 June, if liquidity conditions are met," Coinbase said in a statement.
At the same time, Chiliz (CHZ) and Keep Network (KEEP) cryptocurrencies are also listed on Coinbase. In addition, the company has also added trading support for a number of other cryptocurrencies on its platform which include Polkadot (DOT), Enzyme Token (MLN), Gitcoin (GTC), Internet Computer (ICP) and Amp (AMP).
The price of the SHIB cryptocurrency skyrocketed by more than 32 percent when Coinbase announced it would be trading the Shiba Inu. SHIB's market capitalization has reached 3.6 billion US dollars.
When this news was written at 11:37 WIB, the SHIB price was at the level of 0.00008882 US dollars based on data from Coinmarketcap. SHIB coins can be purchased using the USDT stable coin.
Coinbase revealed that the platform already provides full trading methods ranging from Limit Orders, Markets, and Stop Orders.
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