Leading cryptocurrency exchange in Spain, Bit2Me, has recently added the meme crypto token Shiba Inu (SHIB). The addition comes in the wake of increasing local demand for the meme token, which has seen skyrocketing growth in 2021.
Shiba Inu was developed in 2020, but in a very short span of time, it rose through the crypto ranks to become one of the most valuable cryptocurrencies in the world. Its growth has been fueled by the rise of another meme token, Dogecoin, and the tweets of Tesla CEO and SpaceX founder Elon Musk.
Bit2Me’s official announcement of the Shiba Inu addition came via a tweet that the company posted on December 14. In its tweet, the company explained that despite Shiba Inu’s emergence as the ‘Dogecoin killer’, it went on to become more than just a competition for Dogecoin. 7 months back, Bit2Me allowed its users to interact with Shiba Inu, even though the meme token wasn’t listed on the exchange then.
Bit2Me was founded in 2014, and right now, it is regarded as Spain’s top cryptocurrency exchange. The exchange’s users can buy, hold, and/or sell a wide variety of crypto tokens that include the likes of Bitcoin and Ether. Bit2Me also started the Bit2Me Academy, an educational platform that’s providing crypto education to over 1.7 million students annually right now.
The Spanish interest in Shiba Inu is set to result in a rise of the meme token’s value in the days to come. There were many skeptics who once believed that Shiba Inu would fade away after the initial craze surrounding it. However, those skeptics have been proven wrong by the relentless growth of the meme token.