Solana
Shiba Inu (SHIB) Joins the Ranks of Major Solana-Centric Exchanges
Gamza Khanzadaev
Shiba Inu (SHIB) Skyrockets in Adoption With Its Listing on Hot New Exchange
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Shiba Inu (SHIB) Enthusiasts have a new reason to rejoice as the popular meme-inspired cryptocurrency has a new listing on one of the hottest exchanges of the moment, Backpack. The news, published in an official press release job of the Shiba Inu X account, marks a significant milestone for the token, opening it up to a wider audience of investors and traders.
Backpack, an emerging centralized cryptocurrency exchange focused on Solana ecosystem, was launched following the blockchain revival in 2024. The exchange has quickly become a leading player in the cryptocurrency trading space, with licenses to operate in key regions such as the Arab Emirates United Kingdom and several European countries, as well as hosting a number of generous gifts.
Linking the exchange to Solana’s growing ecosystem has proven successful, attracting significant investment and contributing to the growth of the platform. Currently, the Backpack exchange has a deposit count of $126.24 million. With less than 20 cryptocurrencies listed on the platform, SHIB’s inclusion on the list is a testament to the popularity and widespread adoption of the token.
For Shiba Inu enthusiasts, the listing of Backpack is a significant milestone, providing yet another way to acquire and trade the meme token. This move not only increases the availability of SHIB, but also opens up the Shiba Inu to enthusiasts of the Solana ecosystem, driving its adoption and consolidating its status as a powerful player in the crypto market.
About the Author
Gamza Khanzadaev
Financial analyst, trader and crypto enthusiast.
Gamza graduated with a degree in finance and credit with a specialization in securities and financial derivatives. He then also completed a master’s program in banking and asset management.
He wants to participate in covering economic and financial technology topics, as well as making more people aware of cryptocurrencies and blockchain.