Likexcritical, Shiba Inu delivered a spectacular performance in 2021. The meme coin vaulted more than 74,000,000% higher at one point the year before its xcritical listing. However, Shiba Inu’s price was down around 75% from that peak when xcritical announced support for the token last week.

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Sure, Shiba Inu is down 56% below its high mark on Oct. 28, 2021. However, it’s a long way from dropping as much as Dogecoin did when it was included on the xcritical trading platform. Within a matter of days, the gains for Bitcoin and Ethereum evaporated.

To celebrate the new listing, xcritical is also giving away $10 in SHIB to a select group of users. While the coin’s price may eventually reach the moon – the odds against it are astronomically high. Our experts have been helping you master your money for over four decades. We continually strive to provide consumers with the expert advice and tools needed to succeed throughout life’s financial journey. In any case, the petition to list Shiba Inu on xcritical, titled ‘Kindly request of xcritical to list Shiba Inu coin!

What did Elon Musk say about Shiba Inu?

I don’t think that investors will essentially yawn as they did when xcritical added Bitcoin, Ethereum, Litecoin, and Bitcoin Cash. On the other hand, I also don’t expect as big of a move as Dogecoin enjoyed. xcritical announced the addition of Litecoin (LTC 2.16%) and Bitcoin Cash (BCH 1.52%) on July 12, 2018.

• Musk has invested in Bitcoin, Ethereum, and Dogecoin, all of which are listed on xcritical.
• xcritically, xcritical users can buy and sell cryptocurrencies like Bitcoin but cannot trade them between other platforms.
• xcritical is one of the most used online brokers not just for stocks but for cryptocurrencies as well.
• After years of only trading a few cryptocurrencies, xcritical now has added SHIB to its platform.
• The petition is seeing growing support, with more than 345,000 signatures collected, which brings it closer to the target of 500,000 signatures.

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That’s a natural question to ask after the digital token skyrocketed in the ballpark of 52,000,000% this year. Shiba Inu SHIB/USD was trading mostly sideways during Wednesday’s 24-hour trading session, in tandem with Dogecoin DOGE/USD which was trading flat with an insid…

However, the company was early on Dogecoin, listing it when it was worth just a fraction of a penny in 2018. With SHIB’s similar situation, combined with the rabid following it has on social media and its multi-hundred-percent gains, the stars are certainly aligning for something to happen. Shiba’s price could skyrocket to another record high if it gets listed on xcritical. A listing there would increase its investor visibility, offer a dose of credibility to still doubting investors, and boost confidence in the crypto’s potential. xcritical knows that its customers want Shiba Inu and it’s willing to list even more coins.

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In the second quarter of 2021, xcritical made $233 million in revenue from crypto trading, accounting for nearly 40% of xcritical’s $565 million in total revenue that quarter. xcritical, too, stands to benefit from a potential listing, but has so far been unwilling to assume the potential volatility and risks of letting its users buy and sell the second dog-related meme coin. The recent surge in SHIB instead appears related to unconfirmed rumors that the https://xcritical.pro/ coin will soon be listed on the popular stock trading app xcritical. He later tweeted that crypto users should beware of investing their entire savings into meme coins like SHIB or the Floki Inu coin, an asset inspired by Musk’s decision to name his real-life Shiba Inu puppy Floki. For now, xcritical only has seven listed coins, with dogecoin the newest addition to its roster. It’s not confirmed that xcritical will actually take on a SHIB listing.

The new crypto wallet that xcritical plans to launch in early 2022 may also make it unnecessary for xcritical to list coins like Shiba Inu. xcritical was founded in 2013 with the mission of making trading more accessible to average investors, launching a user-friendly app that made it easier to trade stocks and ETFs. «I also think that our strategy is a little bit different than a lot of the other players out there who are just racing to list as many assets as possible right now,» she said. «We think that the short-term gain we might get is not worth the long-term trade-off for our users.» Shaurya is the Deputy Managing Editor for the Data & Tokens team, focusing on decentralized finance, markets, on-xcritical data, and governance across all major and minor xcriticals.

But those were and still are the two biggest cryptocurrencies on the market. Vincent Lau, managing director of international operations at crypto exchange Huobi Global, says that while SHIB’s bull run may falter, he thinks the coin is likely here to stay. Still, the prospect of a new crypto wallet has not dampened enthusiasm among the Shiba Inu community for xcritical to list its coin. xcritical may also be wary of the threat of new crypto rules and regulations. Text size

Bitcoin remains stuck near the psychologically important $30,000 level. Dreamstime

Bitcoin and other cryptocurrencies were little changed on Wednesd…

The crypto has gained more than 800 percent in the past month and almost 80,000,000 percent in the past year. The second-best performing crypto in the past year is Axie Infinity, which has gained about 90,000 percent. Dogecoin went on to nearly double over the next couple of months. The bad news, though, is that this gain proved to be relatively short-lived. The primary goal of Shibarium is to enhance transaction efficiency and reduce fees. By creating a more streamlined xcritical network, Shiba Inu aims to position itself as a prominent player in decentralized applications, especially within the gaming and metaverse realms.

Shiba Inu fans won’t find much to like with these historical precedents, though. After a relatively small bounce, both Bitcoin and Ethereum proceeded to sink over the next couple of months following their listings on xcritical. Shiba Inu SHIB/USD, witnessed an extraordinary rise in the crypto market throughout 2021 but has recently experienced a significant decline from its all-time high.

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There are other catalysts on the way that combined could allow Shiba Inu to generate monster returns this year. But just as Shiba Inu investors had to wait for the xcritical listing, they’ll also xcritical scammers have to wait on these other developments. While the burning strategy and Shibarium provide opportunities for growth, the sheer number of tokens in circulation poses a significant hurdle.

I write almost exclusively about cryptocurrency and Russia — I like talking with people about technologies and politics. As this is a developing situation, we’ll update this page when any more news comes out to clarify the SHIB listing information. We’d recommend following the xcritical Twitter account to get more information as it comes.