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Shiba Inu Gains Means For More Liquidity As SHIB Gets Listed On Popular Brazilian Exchange

Shiba Inu (SHIB), the second-largest meme token in the market, continues to attract much-needed attention via its daily growth and development in the crypto space.

The digital token has gained a new means for more liquidity with the latest listing announcement. Today Wednesday 9th February 2022, Foxbit, one of the oldest and most popular crypto exchanges in Brazil, announced the listing of Shiba Inu (SHIB) on its trading platform.

Whale Alert

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The exchange shared the new development via its official Twitter handle a few hours ago. According to the report, the trading of SHIB will be live on the exchange from 16th February.

Foxbit tweeted, “Make way for the sweetest doggo in the crypto universe! We didn’t expect that either, but we are like this. Shiba Inu is coming to Foxbit! As of 02/16, you can trade Shiba Inu with us… Are you excited?”

Read Also: Shiba Inu Whales Dominance on the Ethereum Network Now At 15% As SHIB Price Surges 46%

46.7 Million SHIB Burnt by the Community in the Past 24 Hours

Data shared by the Shibburn account shows that in the past 24 hours, the SHIB community has burned a total of 44,938,070 meme tokens by sending them to a dead wallet and thus removing them permanently from SHIB circulating supply. That amount of crypto was shifted in 17 transactions.

Later on, within a few hours, another 1,883,210 SHIB were destroyed in two transactions, according to the same source that duplicates information provided by Etherscan, publishing it on its recently created website.

Read Also: These Shiba Inu Whales Just Bought 63 Billion SHIB Tokens as Whale Holding 36.7 Trillion SHIB Expands Portfolio

Shibburn tweeted, “In the past 24 hours, there have been a total of 44,938,070 SHIB tokens burned and 17 transactions. Visit shibburn.com to view the overall total of SHIB tokens burned, circulating supply, and more.”

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Solomon Odunayo
Solomon Odunayo
Solomon is a trader, crypto enthusiast, and analyst with over four years of experience in the industry. He strongly believes that crypto assets and the blockchain will continue to gain prominence. At TimesTabloid.com, he focuses on news, articles with deep analysis of blockchain projects, and technical analysis of crypto trading pairs.
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