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SHIB Beats BTC in Indian Exchange Trading as Most-Traded Crypto

Published 04/05/2024, 12:59 PM
Updated 04/05/2024, 01:15 PM
© Reuters.  SHIB Beats BTC in Indian Exchange Trading as Most-Traded Crypto
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  • Shiba Inu emerged as the most traded cryptocurrency on WazirX for March 2024, surpassing Bitcoin and other altcoins.
  • SHIB’s market capitalization stands at $15.91 billion, placing it 12th among active cryptocurrencies listed on CoinMarketCap.
  • The current price of SHIB is $0.000027, with support at $0.00002573 and resistance at $0.00002729.

In March 2024, Shiba Inu (SHIB) became the highest-traded cryptocurrency on the Indian exchange WazirX. This attainment represents a significant transition in investor attention, making the memecoin more popular than Bitcoin and other altcoins on the platform.

WazirX’s report released on April 2 also showed that a sizable number of investors chose Shiba Inu, demonstrating its rising demand in the cryptocurrency market.

SHIB, as a coin that started as a fun competitor to Dogecoin in August 2020, has been growing considerably. At present, Shiba Inu trades at a price of $0.000027 at a $15.91 billion market capitalization. This would ma…

The post SHIB Beats BTC in Indian Exchange Trading as Most-Traded Crypto appeared first on Coin Edition.

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