The price of Shiba Inu continued to rise on Wednesday, with the meme coin now half way into dropping another zero.
Shiba Inu hit a new record of $0.00005948 Wednesday morning before retreating, according to the data on Investing.com. It is currently trading at $0.00005479.
Shiba Inu now has a market capitalization of $21.37 billion at the time of writing this report, which is higher than the market capitalization of Japanese car manufacturer Nissan ($19.9 billion) and South Korean tech company LG Electronics ($19.88 billion).
In the past 24 hours the meme coin is up 27.79% and 87.32% rise in one week. In the past month, Shiba Inu has gained 627.75%
Istanbul-based crypto exchange Paribu on Tuesday announced that it has listed Shiba Inu. Paribu, which was launched on 14 February 2017, is one of Turkey’s most popular crypto exchanges, and it has around five million users.
The #ShibArmy community has a very strong presence in #Turkey. That's why we are happy to know that an important exchange is offering trading alternatives for our $SHIB holders there!
— Shib (@Shibtoken) October 26, 2021
Ifunanya Ikueze is an Engineer, Safety Professional, Writer, Investor, Entrepreneur and Educator.