Knightsbridge to Add Shiba Inu

Last updated: May 11, 2021 2:48 am

Crypto King

2 Min Read

Knightsbridge, The fast growing cryptocurrency exchange, is pleased to announce the listing of SHIB, the first native crypto asset of the Shiba Inu network. Deposits of SHIB open over today, and the token will be traded on Friday the 14th of May 2021.

SHIB, also known as a “meme coin,” has emerged as a top 30 cryptocurrency by market capitalization, according to CoinMarketCap. Dubbed the “Dogecoin killer,” SHIB is an ERC-20 token that started as an experiment to create a spontaneous decentralized community. With the goal to ensure a fair distribution of tokens, the founders put away 50% of the total SHIB supply in Uniswap, while the rest were burned in honor of Vitalik Buterin, one of the co-founders of Ethereum. SHIB is the first cryptocurrency token to be listed and incentivized on ShibaSwap — the Shiba Inu project’s own decentralized exchange.

Everyone is excited about Shiba Inu it seems with the token gaining popularity at an incredible rate. Shiba Inu show the experimental spirit which is exactly what the blockchain and crypto space needs.

Knightsbridge are delighted to be able to offer a diverse portfolio of cryptocurrencies, including memetic tokens, to allow a comprehensive investment experience for our valued customers. The Shiba Inu community has been gaining strong momentum.

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