Crypto.com, one of the leading cryptocurrency trading platforms, breaks new ground by introducing a new SHIB/CORGIAI trading pair. This marks a significant advancement in your trading options. This strategic addition aims to capture greater market share by leveraging the growing popularity of Shiba Inu (SHIB) and other meme coins.
Traders on Crypto.com now have the option to trade between Shiba Inu (SHIB) and CORGIAI, an emerging token associated with a community-led Artificial Intelligence (AI) project backed by Crypto.com’s partner Cronos blockchain. This integration highlights the community’s active role in AI innovation and strengthens SHIB’s position in the cryptocurrency trading ecosystem.
Additionally, Crypto.com also launched the DOGE/CORGIAI trading pair, expanding trading opportunities to include Dogecoin (DOGE), the leading meme coin. This diversification allows traders greater flexibility and opens up new avenues for trading strategies.
SHIB Popularity Influences Trading Strategy on Global Exchanges Like Crypto.com
The growing popularity of the Shiba Inu has been a notable phenomenon in the global cryptocurrency market. In India and the UAE, for example, SHIB has emerged as one of the most traded cryptocurrencies, surpassing even established giants like XRP and Ethereum in terms of trading volume. This increase in interest and demand for SHIB has motivated exchanges, including Binance and Coinbase, to capture a significant portion of this volume.
In the last 24 hours, the trading volume of SHIB pairs reached an impressive $163 million, ranking 61st in the crypto market. This statistic highlights SHIB’s continued appeal and influence in the market.
The addition of the SHIB/CORGIAI and DOGE/CORGIAI pairs by Crypto.com reflects a well-calculated strategy to attract a broader user base and increase trading volume. The initiative coincides with a period in which the market shows signs of entering an upward phase. Additionally, with the growth of Crypto.com community-based blockchain projects, exchanges are recognizing the importance of supporting popular tokens like SHIB.
This trend is clearly visible in the actions of several exchanges that are continually expanding their support for SHIB by introducing a variety of trading pairs. As the cryptocurrency market evolves, platforms like Crypto.com are adapting to meet the demands of a dynamic trading environment. Thereby, ensuring its competitiveness and relevance in the ever-changing landscape of cryptocurrency trading.
The views and opinions expressed by the author, or anyone mentioned in this article, are for informational purposes only and do not constitute financial, investment or other advice. Investing or trading cryptocurrencies carries a risk of financial loss.