Shiba Inu Woofs Its Way On To Major Mexican Crypto Exchange Bitso – Dogecoin – United States Dollar ($DOGE)

Mexican cryptocurrency exchange Noun It was announced Shiba Inu (CRYPTO: SHIB), self-description”Dogecoin (CRYPTO: DOGE) killer”, is now available to trade on its platform.

What happened: Bitso took to Twitter to welcome Shiba Inu to its platform, noting that the cryptocurrency is vying for a place among the world’s top ten cryptocurrencies by market capitalization.

Bitso now supports trading 16 cryptocurrencies, including Shiba Inu. Dogecoin is not listed on the cryptocurrency exchange.

Bitso secured Unicorn status in May last year after it raised $250 million in a Series C funding round led by investors such as the venture capital firm. Tiger Global and hedge fund Coatue management. It reached a valuation of $2.2 billion.

See also: How to buy Shiba Inu Coin (SHIB)

why does it matter: Shiba Inu is currently listed on many major cryptocurrency exchanges around the world, including Binance And Coinbase Global Inc. (NASDAQ: currency).

It was reported in December that the brokerage platform Robinhood Markets Inc. (NASDAQ: HOOD) may look into listing Shiba Inu as early as this month.

Major retailers like Newegg Commerce Inc. (NASDAQ:NEGG) now accepts Shiba Inu as payment.

cinema chain AMC Entertainment Holdings Inc. (NYSE:AMC) said last week it was “on track” to accept Dogecoin and Shiba Inu for online franchise and ticket purchases in the first quarter of this year.

Dogecoin is currently ranked 12th and Shiba Inu is the 14th largest cryptocurrency based on market capitalization, according to CoinMarketCap data.

price movement: Shiba Inu stock is up 6.2% in the past 24 hours, trading at $0.00002857 at press time, while Dogecoin is up 5.9% to $0.1532.

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