Shiba Inu is the first meme and Dogecoin competitor to be listed in South Korea

The meem coin has achieved popularity Shiba Inoue “Shiba Inu Another milestone after its massive success this year, is the coin created as a competitor to the top meme coin Dogecoin “She found her way out of the shadows to her greatest rival.

Now, stand up Shiba Inoue On her feet as she steps into the meme coin space, she's gained what could be described as a "cult-like" pursuit since hitting an all-time high in October.

He also scored many lists in the best exchanges such as “Coinbase“، “Binance", And “kraken“, in addition to being adopted as a payment method by prominent merchants.

This time, I scored Shiba Inoue Another point is at its climax with a new listing in one of the most stringent crypto climates globally.

Read also: Will Shiba Inu be a way to pay for movie tickets?

Lists of Shiba Inu on the South Korean Stock Exchange

South Korea has built a reputation for having some of the stricter laws surrounding cryptocurrencies, and like Japan, getting a digital asset registered on a cryptocurrency exchange in the region requires a mountain of paperwork, and the process can take years.

However, I managed Shiba Inoue It was able to do what many well-established projects could not and was listed on the South Korean Crypto Exchange, where the currency officially began trading on the exchange. corbett “Quill On Wednesday, November 24th.

corbett is a South Korean crypto exchange that provides buy, sell and trade services to crypto investors in the region, and the exchange is only one of the few that has survived the massive regulatory pressures that led to the shutdown of 40 Bursa closed in September.

The announcement came on Tuesday as the exchange stated that it would list the meme along with another digital asset, the Assignment Protocol (ADP).INJ This was followed by an airdrop in which customers received a thousand 360 Shiba Inoue To establish and deposit in the stock exchange.

Read also: Sheba and Dogecoin are the most searched cryptocurrencies on Google in America

Suffering in the midst of good news

Despite the news of listing rounds, no price has been recorded Shiba Inoue Any significant upward momentum, but what happened instead, is that the digital asset continued to decline in its price, losing more than 50% From its highest level ever.

This is the lowest level the asset has reached in about a month, and there doesn't seem to be any sign of it recovering anytime soon.

that shiba inu Not alone in this, the crypto market has suffered huge losses in the past few weeks, with a loss of Bitcoin more than 10 thousands of dollars off its price in the same time frame.

This resulted in a downward dripping effect that affected most altcoins, and towards the end of November it looks like the market is headed in a bear market.

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