Shiba Inu Gets Listed on Australian Exchange CoinJar Ahead of Christmas

Shiba Inu was anonymously created in August 2020.

Shiba Inu Gets Listed on Australian Exchange CoinJar Ahead of Christmas

Photo Credit: Unsplash/ Executium

Shiba Inu price stood at $0.00003509 (roughly Rs. 0.0026) on December 23 morning

Highlights
  • CoinJar has called adding the SHIB token “inevitable”
  • CoinJar Card will also allow people to use SHIB for purchasing needs
  • Along with SHIB, six more tokens added on CoinJar

2021 has emerged to become a milestone for meme-based coin Shiba Inu. Just ahead of the Christmas and New Year festivities, Shiba Inu has been listed as a buying, selling, and trading option on Australian exchange CoinJar. Founded in 2013, CoinJar is touted as one of Australia's longest running crypto exchanges. Six more tokens, Fetch.ai, Origin Protocol, Cartesi, Orchid, Quant Network, and Audius have been added to the platform along with SHIB, as CoinJar expands its crypto offerings for people to experiment with and explore.

“In retrospect, it was inevitable. SHIB is here. Starting today you can buy, sell, send and trade Shiba Inu using your CoinJar Wallet. With CoinJar Card you can even use SHIB to do some last-minute Christmas shopping,” the company said in a statement. CoinJar Card is like a crypto debit card which allows users to make purchases at any outlet which accepts Google Pay or Apple Pay.

In recent months, Shiba Inu garnered a lot of hype about itself in several parts of the world.

The meme coin, which was originally created as a joke rival to Dogecoin, emerged to become the 11th-biggest cryptocurrency coin by market value on October 25, WatcherGuru reported.

On December 3, Canadian online medical service provider Ask The Doctor announced that it had added $1.5 million (roughly Rs. 11.26 crore) worth of Shiba Inu tokens to its balance sheet, preparing to start accepting it as a payment option from its partners.

US-based movie theatre chain AMC Theatres is also considering the acceptance of Shiba Inu tokens as a payment option.

Beating Bitcoin and other altcoins, the SHIB token also emerged as the most-popular cryptocurrency on Twitter, research firm ICO Analytics claimed in a recent report.

Kraken and Bitpay are other international exchanges to have listed the Shiba Inu coin on their platforms.

At the time of writing, Shiba Inu price stood at $0.00003509 (roughly Rs. 0.0026), as per CoinMarketCap.


Interested in cryptocurrency? We discuss all things crypto with WazirX CEO Nischal Shetty and WeekendInvesting founder Alok Jain on Orbital, the Gadgets 360 podcast. Orbital is available on Apple Podcasts, Google Podcasts, Spotify, Amazon Music and wherever you get your podcasts.Cryptocurrency is an unregulated digital currency, not a legal tender and subject to market risks. The information provided in the article is not intended to be and does not constitute financial advice, trading advice or any other advice or recommendation of any sort offered or endorsed by NDTV. NDTV shall not be responsible for any loss arising from any investment based on any perceived recommendation, forecast or any other information contained in the article.
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Radhika Parashar
Radhika Parashar is a senior correspondent for Gadgets 360. She has been reporting on tech and telecom for the last three years now and will be focussing on writing about all things crypto. Besides this, she is a major sitcom nerd and often replies in Chandler Bing and Michael Scott references. For tips or queries you could reach out to her at RadhikaP@ndtv.com. More
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