German-based Exchange StakeCube Lists Shiba Inu

Users of the exchange can now make Shiba Inu deposits to their wallets as of press time.

StakeCube, a German-based centralized cryptocurrency exchange, is the latest to introduce support for Shiba Inu (SHIB), as it recently listed the asset on its platform. The development is the latest in a long line of moves from crypto entities aimed at providing support for Shiba Inu ecosystem tokens as adoption sees an uptick.

The exchange recently disclosed the exciting development through its official Twitter handle. “SHIB is now listed, and trading pairs will be available soon,” the team revealed in a tweet.

Welcome to StakeCube, @ShibainuCoin!$SHIB is now listed and trading pairs will be available soon!#ShibaInu #SHIB #BSC #BEP20 pic.twitter.com/pSV0MrBvim

— StakeCube (@stakecube) February 8, 2023

As expected, the move has triggered evident excitement among SHIB proponents, underscoring the massive attention Shiba Inu is getting from mainstream crypto entities. SHIB BPP, a community-driven Twitter account for SHIB updates, also highlighted the move in a tweet today.

Though the StakeCube team has not given any fixed date for the inclusion of trading pairs at the reporting time, users on its platform can now create Shiba Inu wallets and accept deposits. Once trading pairs are included, SHIB will become one of the few tokens supported by the exchange, including Bitcoin (BTC), Ethereum (ETH) and Dogecoin (DOGE).

The recent StakeCube listing comes shortly after non-custodial crypto exchange aggregator Swapzone included support for all three Shiba Inu ecosystem tokens – SHIB, BONE, and LEASH. Leading centralized exchange KuCoin also recently added more SHIB trading options on its platform, bringing the total number of trading pairs to six across all markets.

These developments have been ascribed to a surge in popularity amid positive reports surrounding Shiba Inu and the hype around Shibarium, the upcoming layer-2 solution. With the launch of the L2 network in the works, several projects have indicated intentions to build on it. Recently, crypto freelance platform WoofWork intensified its development activities as it disclosed plans to launch on Shibarium.

Moreover, Shiba Inu just crossed 1.3 million holders amidst these positive developments, indicating an increase in investors. The asset is changing hands at $0.00001222 as of press time, down 6.52% in the past 24 hours.

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