Shiba Inu has gone a long way from its early days as a meme coin attempting to transform into something more practical. This effort of the Dogecoin Killer seems to be bearing fruits sooner than expected.
Recently, the network turned two, and the celebrations went on all week. Tuesday saw the name of the eagerly anticipated game revealed, and the network ended the week by getting a spot on Binance Card.
Three additional assets have been added to the Binance Card, according to the biggest cryptocurrency exchange in the world. This featured Avalanche (AVAX), Shiba Inu (SHIB), and XRP. The supported cryptocurrency assets are anticipated to launch right now. Binance took to Twitter to make the listing official.
It should be emphasized that only users who reside in the European Economic Area [EEA] are eligible to use the card. Additionally, refugees from Ukraine who now reside in EEA nations may benefit from the most recent accession.
Shiba Inu’s participation is not shocking considering how widely used the meme coin has become. The asset has been housed on a variety of platforms during the past few months, enhancing its visibility.
Additionally, Binance Card increased the number of cryptocurrencies it supports to fourteen with the addition of SHIB, XRP, and AVAX. Along with SXP, other assets on the list include Cardano (ADA), Binance Coin (BNB), Bitcoin (BTC), Binance USD (BUSD), Polkadot (DOT), Tether (USDT), Ethereum (ETH), S.S. Lazio (LAZIO), Santos FC (SANTOS), FC Porto (PORTO), and SXP.
Shiba Inu’s commitment to growth
Shiba Inu’s dedication to expansion was demonstrated by the Shibaswap platform’s formal launch. Now, based on social indications, Shibaswap has taken the #1 spot on the list of the most popular Ethereum dapps.
According to research by crypto expert Ben GCrypto, this is the case. The DEX outperformed OpenSea and the Bored Ape Yacht Club, which placed second and third consecutively. This is an outstanding accomplishment for the DEX.
Considering that Shibaswap had recently celebrated its one anniversary in July, the ranking demonstrates its rapid growth. More than 30 digital assets have so far been listed, bringing in a total value lock of almost $41.72 million.
