Shiba Inu (SHIB) Trading Pair USDD Goes Live On Poloniex

Shiba Inu has witnessed numerous listings over the past year as Poloniex announced that its users can now trade SHIB against USDD

Shiba Inu (SHIB) Trading Pair Goes Live On Poloniex
Shiba Inu (SHIB) Trading Pair Goes Live On Poloniex

Poloniex Now Pair SHIB With USDD

Poloniex, a leading cryptocurrency exchange, has announced that its users can now trade Shiba Inu against Tron’s native stablecoin, USDD.

— Poloniex Exchange (@Poloniex) May 19, 2022

Poloniex, which was created in January 2014, enables spot and margin trading as well as leveraged tokens.

Poloniex is one of the first exchanges to list its initial Shiba Inu pair with Tether, the flagship dollar-pegged cryptocurrency, in April 2021. SHIB/USDC was also listed in November.

SHIB has been listed on multiple major exchanges in the last year, including Gemini, Kraken, and Coinbase. To the joy of the Shiba Inu community, brokerage app Robinhood listed SHIB in April. A petition on in support of the listing received nearly 600,000 signatures.

110 Billion SHIB Grabbed By Top Whale

Shiba Inu was among the top ten most acquired tokens by the 500 largest ETH whales today, according to WhaleStats.

SHIB was trading down 6.20 percent at $0.0000115 at the time of writing, close to where the meme cryptocurrency appears to be maintaining support.

Buyers are looking for potential entry points into the market, as evidenced by whale purchases in the last 24 hours.

Recently, an Ethereum whale known as “BlueWhale0073” purchased 110,654,459,259 SHIB for $1,313,468.

SHIB is also the second most popular asset “hoarded” by the top 500 ETH whales.

These three addresses are presently holding $674,259,545 in SHIB. SHIB has gained thousands of owners since the beginning of May, as evidenced by this metric count.

According to WhaleStats, the total number of SHIB holders is presently 1,164,755.