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HomeCrypto NewsExchangesShiba Inu Now Among Most Traded Crypto on Hong Kong Top Exchange

Shiba Inu Now Among Most Traded Crypto on Hong Kong Top Exchange

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Shiba Inu (SHIB) Gains Popularity on CoinEx, as Exchange Witnesses Increased Trading Volume for SHIB.

Shiba Inu has climbed to the fourth spot on CoinEx‘s list of the top 10 most traded cryptocurrencies in the past 24 hours. According to data from CoinMarketCap, users on the Hong Kong-based exchange have traded a whopping $752,013 ($752.01K) worth of SHIB in a day.

CoinEx
List of Most Traded Cryptocurrencies on CoinEx

Shib trading makes up 2.01% of all the trading on the exchange in the past day. CoinEx’s users have exchanged hands with $37,478,036 ($37.47M) worth of digital assets.

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Bitcoin (BTC) still reigns supreme as the top traded cryptocurrency on CoinEx, with a 24-hour trading volume of $18,127,412 ($18.12M). This accounts for 48.37% of the total volume. Ethereum (ETH) follows closely behind with a 24-hour volume of $3,251,123 ($3.25M).

Interestingly, Shiba Inu’s rival Dogecoin (DOGE) secured the third spot with a 24-hour volume of $953,234.

The fifth through tenth spots on the list are occupied by Solana (SOL), Kaspa (KAS), ArbDoge AI (AIDOGE), BNB (BNB), Cardano (ADA), and Arbitrum (IOU), respectively.

The development comes after the 19th biggest Shiba Inu Whale accumulated a staggering 168,375,992,729 (168.37B) SHIB, worth $1,729,221 ($1.72M) in two separate transactions.

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In another exciting development, NOWPayments, a top crypto payment gateway, has unveiled its plan to integrate Shibarium, a much-anticipated Layer 2 solution, onto its platform once the mainnet is launched.

As of press time, Shiba Inu is trading at the price of $0.00001001, down -3.09% over the last day, with a 24-hour trading volume of $190,570,387 ($190.57M).

Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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Zabi
Zabi
Zabi is crypto enthusiastic with more than 10 years of experience in managing Google News-approved Finance websites. Zabi has a strong background in finance with a thorough understanding of cryptos and a solid grip on the crypto and financial market industry. Along with his passion for crypto writing, Zabi manages his personal stock and finance-related Google News-approved websites.

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