Shiba Inu Army Targets Australia with Bitcoin.com.au Listing

Australia's Bitcoin.com.au listing Shiba Inu targets the SHIB Army in the Land Down Under. With over 300,000 users, the platform aims to boost SHIB adoption in Australia. Following CoinJar, Bitcoinau's move signals the memecoin's increasing traction in the country.

Will the SHIB Army Expand Down Under?

Australia's Bitcoin.com.au has joined the ranks of crypto exchanges embracing the Shiba Inu token. With its vast user base and decade-long experience, the platform aims to bolster the SHIB Army in the Land Down Under.

Shiba Inu Gains Traction in Australia

Bitcoin.com.au boasts a loyal following of over 300,000 users. The platform's addition of SHIB marks a significant step for the memecoin's adoption in Australia. It follows in the footsteps of CoinJar, another local exchange that already offers SHIB trading.

SHIB's Global Reach

Beyond Australia, SHIB has gained traction in various corners of the globe. Last year, BitTrade, a Japanese exchange, listed both SHIB and its rival Dogecoin. This suggests a growing appetite for dog-themed memecoins among crypto enthusiasts worldwide.

SHIB's Utility Expansion

While SHIB initially emerged as a playful meme, its development team has been introducing practical use cases to foster engagement. The launch of Shibarium, an Ethereum layer-2 solution, is a notable example. Additionally, the project has ventured into stablecoins and play-to-earn gaming.

SHIB's Meteoric Rise

The memecoin market has witnessed a surge in popularity, and SHIB has not been immune to the trend. Earlier this month, it ascended from the top 20 to the top 11 cryptocurrencies by market capitalization. SHIB briefly challenged its rival Dogecoin for the top dog spot.

SHIB's Current Standing

As of today, SHIB ranks as the 13th largest cryptocurrency by market cap. Its current trading price of $0.00002917 reflects a 4.7% gain over the past 24 hours.

Conclusion

With its listing on Bitcoin.com.au, SHIB is poised to expand its reach in Australia. The memecoin's global adoption, utility expansion, and meteoric rise suggest that the SHIB Army may continue to grow strong.