
Shiba Inu Korea has made significant strides in the cryptocurrency market, and one notable development is the listing on a major exchange. This move is expected to increase the coin's visibility and liquidity.
The listing on a major exchange will provide Shiba Inu Korea with a much-needed boost in terms of exposure and adoption. This is likely to attract more investors and traders to the coin.
Shiba Inu Korea's listing on a major exchange is a significant milestone for the project, marking a major step forward in its development.
Shiba Inu in Korea
Shiba Inu has finally made its way to South Korea, one of the world's largest cryptocurrency markets. Coinone, a well-established exchange in the country, has listed SHIB, expanding its reach to South Korean traders.
The listing is a significant milestone for SHIB, allowing it to tap into the Korean market. Coinone is one of the largest crypto exchanges in South Korea, with a trading volume of $68.4 million.
For another approach, see: Brindle Korean Jindo
The initial trading volume on Coinone was around $100,000 in the last 24 hours, which might not be as impressive as some had hoped. However, it's worth noting that cryptocurrency markets are notoriously volatile and unpredictable.
Here's a breakdown of the trading volume on Coinone:
- Deposits opened on July 19, 2023, at 10:00 am.
- Withdrawals opened on the same day at 2:00 pm.
- Sales began at 2:00 pm, with purchases starting five minutes later at 2:05 pm.
- Market price reservation opened at 3:00 pm.
The base price for SHIB was set at KRW 0.0099, and the withdrawal fee was established at 101,010 SHIB.
Listed on Coinone
Shiba Inu has made a significant move in Korea by getting listed on Coinone, one of the largest crypto exchanges in South Korea.
Coinone, established in 2014, is one of the "Big Four" exchanges in South Korea and offers a variety of services related to cryptocurrencies.
The listing on Coinone is a major milestone for Shiba Inu, allowing it to expand its reach to South Korean traders and potentially boost its liquidity.
Coinone outlined a detailed schedule for SHIB trading, which includes deposits opening on July 19, 2023, at 10:00 am, followed by withdrawals opening at 2:00 pm.
For more insights, see: South Korean Jindo Island
The base price for SHIB was set at KRW 0.0099, and the withdrawal fee was established at 101,010 SHIB.
SHIB is currently trading at around $0.00000800, down 1.05% in the past 24-hour period.
Despite the initial trading volume being around $100,000, the listing on Coinone is still a significant development for Shiba Inu.
The Korean crypto market is often overlooked, but it is actually the third largest crypto market, and Korean traders can pump a coin single-handedly, as evidenced by the Aptos (APT) pump at the beginning of the year and the recent Bitcoin Cash (BCH) rally.
Here's a breakdown of the trading volume on Coinone:
As you can see, the trading volume on Coinone is significantly lower than on Binance, but it's still a significant move for Shiba Inu.
Adoptable Dog
Yeppi, a two-year-old Shiba Inu/Korean Jindo mix, is a sweet rescue looking for a family to call her own. She weighs 30 lbs and has been a part of the Brooklyn-based rescue group, Korean K9 Rescue.
You might like: Shiba Inu Adoption California
Korean K9 Rescue is a non-profit that saves dogs from the dog meat trade in South Korea. They bring the pups to the US to help them find a loving home due to the stigma associated with mixed breed dogs and "dog meat farms."
Yeppi is a curious-but-cautious dog who loves exploring the outdoors and going on long walks. She's currently being fostered in Hoboken with her foster sister, @KonaFromKorea.
You can meet Yeppi at Korean K9 Rescue's next adoption event on Saturday, April 27th from 11:00AM-3:00PM at The Pine Box Rock Shop in Brooklyn.
A different take: Nureongi or Yellow Dogs
Frequently Asked Questions
What is the Korean dog breed like Shiba Inu?
The Korean Jindo Dog is a distinct breed that resembles the Shiba Inu but has unique characteristics. Learn more about this fascinating breed and what sets it apart from its Japanese counterpart.
What is the difference between a Shiba Inu and a Jindo?
Difference between a Shiba Inu and a Jindo: Origin, size, and temperament set these two breeds apart. Shibas are smaller and more social, while Jindos are larger and more reserved
Sources
- https://bitcoinist.com/shiba-inu-shib-listed-on-major-korean-exchange/
- https://guarda.com/buy-shiba/south-korea/
- https://www.cryptoglobe.com/latest/2023/07/shiba-inu-shib-gets-a-welcome-from-one-of-south-koreas-top-crypto-exchanges/
- https://thecryptobasic.com/2021/11/24/after-singapore-shiba-inu-is-now-available-for-trading-in-south-korea/
- https://www.hobokengirl.com/adoptable-dog-yeppie-shiba-inu-korean-jindo-mix/
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