Shiba Inu, a Dogecoin competitor, has launched a Coinbase exchange.

Shiba Inu is now accessible for trade on Coinbase, America's largest cryptocurrency exchange. On June 17, Shiba Inu, along with Chiliz (CHZ) and Keep Network, was intended to be admitted to Coinbase Pro, the exchange's professional arm (KEEP). Due to technical difficulties, the listing was postponed indefinitely.

On September 9, the canine coin arrived on Coinbase Pro. The much-anticipated IPO triggered a 30% price increase. Shiba Inu became a multi-millionaire overnight success story in May, riding on the coattails of the Dogecoin craze.

The cryptocurrency is remarkable for its one-quintillion-token maximum supply. In May, Vitalik Buterin, the co-founder of Ethereum and the recipient of half of the entire supply from the developers, burnt 410 trillion SHIB tokens after donating 50 trillion tokens to charity.

SHIB is currently trading at a discount to its all-time high of 81 percent, with recent listings providing a minor price bump.


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