Shiba Inu was listed on Coinbase on May 11th, 2021. This listing comes as a result of Shiba Inu’s recent surge in popularity due to the Dogecoin craze. Shiba Inu is a so-called “joke coin” that was created in August 2020. However, its price has skyrocketed in recent months as investors have poured money into it in hopes of making quick profits.
Coinbase’s listing of Shiba Inu will no doubt add even more fuel to the fire, and could see its price continue to rise in the short-term. However, it remains to be seen if the coin can maintain its momentum in the long-term.