Bitstamp cryptocurrency exchange has confirmed that it will list the Shiba Inu meme. The exchange first announced the listing of SHIB on December 9, but was halted after Bitstamp said it was having technical difficulties listing the digital asset. The meme was then postponed indefinitely due to problems.
Shiba Inu is in the spotlight again after Bitstamp, Europe’s leading cryptocurrency exchange, released an update on how the coin is listed.
Bitstamp announced that there are technical issues with the Shiba Inu.
The integration of Shiba Inu into the Bitstamp platform stalled when the exchange had technical problems uploading the coin meme. This has resulted in the token listing on the platform being discontinued. The list, much anticipated by the community, has been suspended indefinitely with issues that the exchange is trying to fix.
Bitstamp announced this to the community on December 9th when the coin was due to go live, but they were struggling to get the cryptocurrency onto their platform. In a tweet, the crypto exchange pointed to “technical problems” that took longer to list.
“Don’t worry, we haven’t changed our mind! As you know, we have to postpone the listing of our Shiba Inu. We have some technical difficulties with the integration. Rest assured it will happen, but in 2022! “
The listing on Bitstamp will bring the meme to the largest crypto exchange in Europe. At this point, Shiba Inu has made rounds on all of the top 10 crypto exchanges and is moving down the list.
The meme saw a rapid increase in the acceptance rate in 2021, so waiting until 2022 until it is listed on Bitstamp will not take anything out of the project. It’s literally the breakout star of 2021 and has woken up more than a few crypto millionaires.
Every position of the coin on the exchange is important as it expands the pool of potential investors. A successful listing often leads to a rally. For example, Shiba Inu rose from $ 0.000039 to $ 0.00054 in late November when Kraken confirmed it would be available on the exchange.
However, the subsequent listing of Kraken did not provide long-term support to the Shiba Inu and the coin trades lower after the initial rally.
The fact that Shiba Inu was listed on Bitstamp had a significant impact as SHIB was able to achieve this functionality less than two years after its introduction.
Bitstamp isn’t just another trading platform; it is the most respected and user-friendly tool used by European investors. Bitstamp is the largest exchange in Europe and has 4.4 billion users worldwide.
In a tweet, Bitstamp stated: “The new listing has sparked a wave of enthusiasm among Shiba Inu fans and raised the hope of many first-time investors. Many additional exchanges are interested in listing this meme which is increasing in value by the minute.
However, Shiba Inu will no longer come to Europe’s largest crypto exchange in 2021.
At the time of writing, the price of the Shiba Inu is $ 0.0003304, down 1.57% over the past 24 hours and 4.69% over the past week.
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