CoinJar, Australia’s oldest crypto exchange, has announced the listing of the Shiba Inu (SHIB) cryptocurrency in a tweet on Wednesday.
CoinJar now supports six other tokens in addition to Shiba Inu: These include; Origin Protocol (OGN), Audius (AUDIO), Cartesi (CTSI), Fetch.ai (FET), and Quant Network (QN) (QNT). CoinJar now supports 48 different cryptocurrencies for trading.
In 2013, the Melbourne-based exchange was established. It presently has around 400,000 people registered. Barry Silbert’s Digital Currency Group, Sydney-based Blackbird Ventures, and Australian entrepreneur Chris Hitchen are among the exchange’s investors.
CoinJar launched a Mastercard-backed cryptocurrency card in August, with compatibility for 30 different cryptocurrencies. The Financial Conduct Authority of the United Kingdom granted CoinJar’s U.K. subsidiary registration in late September (FCA). It joined a group of ten other crypto companies that had accomplished the same achievement. CoinJar was just named one of Australia’s top fintech startups for 2021.
Shiba Inu is gaining traction in Australia
Despite only making news in May, Shiba Inu is already more popular in Australia than such old-timers as XRP and Cardano, according to a recent survey. The Ethereum-based meme coin has been mentioned by 7% of Australian millennials.
Shiba Inu Games, a gaming-focused organization in the meme coin ecosystem, announced a collaboration with PlaySide Studios, Australia’s largest publicly traded game developer, in November. The two will collaborate on a mobile game based on the “Shiboshi” collection of non-fungible tokens.
Shiba Inu was added to CoinSpot, another prominent Australian crypto market, in May.
