Cameron and Tyler Winklevoss are riding the meme coin wave. Gemini, the crypto exchange founded by the bitcoin billionaires, has has listed Shiba Inu, the meme coin inspired by Dogecoin. The Shiba Inu price has staged an impressive run this year, commanding the attention of exchanges and investors alike.
Shiba Inu is now live for custody and trading in the USD pair on Gemini’s API/FIX and ActiveTrader apps. On the mobile app and website, the following trading pairs are supported: USD, GBP, EUR, CAD, AUD, HKD, and SGD. In addition to Shiba Inu, Gemini also listed the following coins:
- Audius (AUDIO)
- Mask Network (MASK)
- Wrapped Centrifuge (wCFG)
- Quant (QNT)
- Radicle (RAD)
- Fetch AI (FET)
- Numeraire (NMR)
- API3 (API3)
— Cameron Winklevoss (@cameron) November 15, 2021
Shiba Inu has been getting a great deal of attention as its price climbed some 800% in the month of October to a fresh all-time high. It is currently the No. 11 cryptocurrency based on market cap. Investors have been looking for the next Shiba Inu in hopes of getting in on another altcoin at the ground floor.
According to Etherscan, Shiba Inu boasts more than 972,000 wallet addresses. The number of SHIB holders has largely been on the rise alongside the increase in the cryptocurrency’s price.
Shiba Inu Push
In addition to Gemini, fellow U.S.-based cryptocurrency exchange Kraken expressed an interest in listing Shiba Inu. If social media sentiment is any indication, Kraken is seemingly on the fence about the decision. Perhaps the Gemini listing will serve as a nudge to move forward with a listing.
So far this year, Shiba Inu has also scored listings on Coinbase, eToro and Public.com. Shiba Inu has also captured the attention of corporate America more widely, including the likes of movie chain AMC Entertainment, which is in the process of adding the meme coin as a payment method.
The Shiba Army, as the community is known, has also been trying to get on the radar of online broker Robinhood. So far, however, things have not gone their way. Shiba Inu investors have also been targeting Tesla for payments. Tesla CEO Elon Musk has inspired the creation of a number of meme coins but has made it clear that the only cryptos in his portfolio are bitcoin, Ethereum and Dogecoin, much to the chagrin of the Shiba army.