US-based cryptocurrency exchange, Bittrex has announced support for the meme-based cryptocurrency Shiba Inu (SHIB). In an announcement, Bittrex stated that users will be able to trade SHIB against US dollars and informed the community that the Shiba Inu wallet is now open for deposits and trading has begun. $SHIB wallet is open and trading has now begun on https://t.co/djef1QPdOc https://t.co/egNBcF4wYP — Bittrex (@BittrexExchange) July 14, 2022 Shiba Inu Continues Expansion After experiencing a parabolic run that catapulted SHIB up over 1,000% at the peak of bull run in 2021, the cryptocurrency continues expansion in the face of what may be the most severe crypto bear market in history. The project’s developers, meanwhile, have crafted several initiatives to help what started as a simple meme token gain traction as a more legitimate project. Among them includes the plan to create an Ethereum-compatible Layer 2 chain called Shibarium, a collection of NFT avatars known as “THE SHIBOSHIS,” a Metaverse, a mobile play-to-earn game, and a Shiba Inu-themed stablecoin. With this, the project is establishing itself as a serious crypto contender with a lot happening behind the scenes, and it’s only a matter of time before a finished product hits the market. Among the Top Crypto Exchanges Founded in 2014, Bittrex Global is among the world’s top cryptocurrency exchanges with a daily trading volume of around $300 million. The platform has...
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