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

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

Time Stamp: April 27, 2023 1:47 AM

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.

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.

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).

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