Shiba Inu continue to be investors’ favorite as the popular meme token recently secured the fourth spot on a Hong Kong-based exchange CoinEx.
Shib trading accounted for 2.01% of all trading on the exchange in the past day. Overall CoinEx’s clients have traded a staggering $752k worth of SHIB in a day, as per data from CoinMarketCap.
CoinEx’s users have exchanged hands with $37,478,036 [$37.47 million] worth of digital assets.
Bitcoin [BTC] continues to dominate the market, accounting for 48.37% of the total volume. Ethereum [ETH] is not far behind, with a volume of $3.25 million over the past 24 hours.
Interestingly, Shiba Inu’s rival Dogecoin [DOGE], with a 24-hour volume of $953,234, came in third.
The development comes after the 14th-ranked token emerged as the top trending crypto on Turkey’s Google searches in the last 3 months.
The popular meme coin has even trounced crypto heavyweights like Ethereum [ETH], Cardano [ADA], and Solana. According to data from Google Trends, search results from Turkey citizens make up the major chunk of the market share, with a score of 100.
A value of 100 on Google Trends data indicates peak popularity for the asset in a particular region.
As of press time, Shiba Inu is trading at the price of $0.00001025, down -4% over the last day.
Just days after listing the cryptocurrency asset, Blockbank, an all-in-one crypto neo-banking app, has expanded support for Shiba Inu.
Shiba Inu Ecosystem Gains Multiple Adoption
The crypto app claimed that it has chosen to add SHIB to Blockbank’s EARN program in response to community requests. The ability to earn interest on SHIB is now available to users.
Now members can earn up to 5% APY on their SHIB tokens and an extra up to 10% APY paid in BBANK, Blockbank’s native utility crypto token.
The Lithuania-based neo-banking firm listed Shiba Inu earlier this week on its CeFi platform.
Meanwhile, Shiba Inu ecosystem tokens SHIB, BONE, and LEASH have too continued to draw interest from various crypto exchanges. As previously reported, BONE, the governance token of SHIB’s layer 2 has been listed on the Huobi platform.
The token also secured its fourth crypto exchange listing this week as Flitpay, a popular Indian crypto exchange, announced its listing.