339
126 shares, 339 points

Indian crypto exchange Giottus has become the latest Indian crypto exchange to embrace the meme coin Shiba Inu. Indian cryptocurrency exchange Giottus has opened a position for the Shiba Inu (SHIB), according to a statement on Tuesday. Details at Kryptokoin.com .

Shiba Inu 2 listed on Indian exchange

In mid-December, another meme cryptocurrency also listed Floki Inu (FLOKI), which is The exchange was launched in 2018 by entrepreneurs Vikram Subburaj and Arjun Vijay. It got off to a rough start right after the Reserve Bank of India (RBI) infamously ordered financial institutions to cut ties with companies and individuals dealing with cryptocurrencies. Giottus was originally supposed to launch as a regular spot exchange, but the ban initially thwarted the plan. Later, the company had to start operating as a peer-to-peer exchange.

Giottus was able to record significant growth in transaction volume and monthly registrations after regaining banking support. The Chennai-based exchange reached a trading volume of $207 million in the last 24 hours. Prior to Giottus, Shiba Inu was listed by major Indian exchanges such as Unocoin, ZebPay and CoinDCX. One of the Indian crypto exchanges that recently listed the Shiba Inu was Koinbazar. Koinbazar’s main specialty is allowing US entrepreneurs to trade on its platform. The exchange has been operating since 2020 and is ranked 154th in the ranking by Coinmarketcap.

Shiba Inu (SHIB) and Polygon (MATIC), 2021′ It was also among the most traded altcoins on Indian stock exchanges. The two cryptocurrencies are currently head to head in terms of market cap. SHIB recently fell below MATIC and currently ranks 14th with a market cap of $14.9 billion.


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