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Binance Lists SHIB / DOGE as Trading Pairs, Is It a Win For Memecoins? -Breaking

by Mike Robinson

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Binance lists DOGE / SHIB as trading pairs. Is it good news for Memecoins and Memecoins alike?
  • Binance offers trading pairs of SHIB and DOGE.
  • Users can now trade against the (DOGE) starting November 2.
  • Shiba Inu, Dogecoin and other memecoins prove more than mere memecoins.

We are in the memecoin economic system. Binance, the world’s most popular crypto exchange has announced that they have added Shiba Inu(SHIB), and Dogecoin(DOGE) trading pairs. Users can trade SHIB for DOGE tokens starting November 2, 2021.

Currently, SHIB’s dominance in the crypto space is up by all means, as it witnesses a massive rally since the start of October. Only a few short days after being placed right after Dogecoin on CoinMarketCap rankings, Shiba Inu was named the 9th most valued coin in crypto markets.

Shiba Inu trades at $0.0000716 and has gained over 14.92% within the past 24 hours. Also, its trading volume is $10,019,442,03 — signaling a 29.65% rise and a market cap of over 39 billion dollars.

Dogecoin, on the other hand seems very promising. Elon Musk is still a strong supporter of it. Elon Musk tweeted recently that he’s considering starting his own university. The institute’s tuition will take place in Dogecoin, he says.

The tweet generated a lot of excitement and replies from DOGE members who were relieved to see that Elon still has an interest in memecoin enough to consider such a move. Furthermore, going by Elon’s tweets, if he truly adopts this, then, the DOGE army should prepare for a huge flip on the price of Dogecoin.

It is important to note that cryptocurrency trading can be risky. But this is great news for Shiba Inu’s Shiba army and also the Dogecoin Army. We wrote a few weeks ago that memecoins were taking control. However, it is right

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