Yet another Indian crypto exchange platform, Giottus, has endorsed the meme coin, Shiba Inu (SHIB). Giottus Cryptocurrency Exchange took to Twitter to announce their launch of SHIB deposits starting at 7 pm IST on 11 January 2022.
Giottus was founded in 2018 by blockchain and cryptocurrency enthusiasts Vikram Subburaj and Arjun Vijay, two IIM Calcutta Alumni. The company drives on its mission to make it possible for anyone to become a cryptocurrency trading expert by providing a reliable and trustworthy platform that is supposedly easy to use. Giottus claims to adhere to the highest compliance and cyber security standards to protect customers and their crypto assets.
Just like all the other Indian crypto exchanges, Giottus also gained a lot of traction in the Indian crypto world when the Reserve Bank of India (RBI) ordered all the financial institutions to not encourage companies and individuals acquainted with cryptocurrencies. Just around that time, Giottus was helping people with crypto assets buy and sell with peer-to-peer (P2P) services. Luckily for all the crypto enthusiasts, in 2020, the Supreme Court lifted the RBI ban on cryptocurrencies.
Shiba Inu enlisted on Koinbazar
Indian cryptocurrency exchange, Koinbazar has enlisted the SHIB token on their platform, as announced on its Twitter handle on 11 January 2022.
Koinbazar is a global cryptocurrency exchange, founded in the year 2017 by Saravanan Pandian. With many Indian cryptocurrency exchanges enlisting the ‘dogecoin-killer’, Shiba Inu seems like the most sought-after meme token.
In recent news, the SHIB token project team had announced Bone as the gas token in Shibarium. Shibarium is a blockchain/layer2 solution that will work on the Ethereum program. Over time, it will function in a similar way to ETH and build its own network for the users to access.
Shiba Inu is currently in the 14th position according to Coin Market Cap. At the time of writing, Shiba Inu (SHIB) was priced at $0.00002872 and had taken a hike of 5.03% over the last 24 hours.