- Coins.ph, a cryptocurrency exchange licensed by Philippines’s Central Bank listed Shiba Inu.
- Mexico-based Utel University has announced the acceptance of tuition fees in Shiba Inu.
- Analysts set a bullish target of $0.0000140 for Shiba Inu.
Shiba Inu reached the Philippines and Mexico, in a new round of global adoptions. Central bank approved crypto exchanges in the Philippines listed Dogecoin-killer Shiba Inu, in a watershed moment for ShibArmy.
Also read: Shiba Inu holders beware! Fake SHI, TREAT have hit the market
Shiba Inu arrives on Coins.ph, central bank approved exchange
Shiba Inu adoption is on the rise as the meme coin gets listed on Coins.ph. The exchange is approved by the Philippine's Central Bank and has over 16 million users. Shiba Inu has therefore reached 16 million new users overnight, following the exchange listing.
The licensed crypto exchange has 20 listed crypto assets, according to the Coins.ph website.
You asked and we listened #SHIB is now available on #CoinsPH!
— Coins.ph (@coinsph) July 20, 2022
Learn about #SHIB and how to buy them on https://t.co/ehQWvZjBQo ➡️ https://t.co/CBASzpdfBo pic.twitter.com/AwBHsGWxNv
The announcement came a week after the exchange teased its users with the listing of the second-largest meme coin. The listing was originally scheduled for July 13, 2022, however due to a technical glitch, there was a postponement in the SHIB listing. Finally, issues were resolved and the exchange proceeded to list Shiba Inu.
Tuition fees can be paid in Shiba Inu, at this university
Mexico-based Utel University is present in more than 11 countries, including United States, Mexico, Chile, Ecuador, Colombia, Panama and Peru. The university announced the acceptance of tuition fees in 34 cryptocurrencies, including Shiba Inu.
Utel joined hands with Bitso, a leading cryptocurrency exchange, to accept crypto payments. Shiba Inu can now be used to pay tuition fees, widening the meme-coin’s utility and adoption worldwide.
Following the news of Utel's partnership with Bitso, the online university became the first in Latin America to adopt cryptocurrency payments efficiently, transparently as a reliable method of payment for the community.
Shiba Inu prepares for run up to $0.0000140
Analysts evaluated the Shiba Inu price trend and predicted a run up to the bullish target of $0.0000140. Shiba Inu could recoup its losses and start an uptrend, eyeing the $0.0000140 target. For the specific conditions for Shiba Inu’s breakout and key price levels, check the video below:
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
Recommended Content
Editors’ Picks
Two key dates over the SEC request to freeze Binance assets
Crypto exchange Binance must respond to the US Securities Exchange Commission’s (SEC) order to freeze assets tied to its subsidiary Binance.US by June 12, ahead of a court hearing about the case on June 13, according to the D.C. district court schedule.
Ethereum price declines as Coinbase ETH liquidity staking platform sees mass withdrawals
The US Securities and Exchange Commission’s (SEC) crackdown on Coinbase led to mass withdrawals of Coinbase wrapped staked Ether (cbETH) since Tuesday, acting as a bearish catalyst for the asset’s price.
Dogecoin Price Prediction: History suggests a potential 30% rally in DOGE
Dogecoin (DOGE) price has been trading within a fixed range over the last six months, taking seasonal leaps as volatility increased. With this accumulation pattern, the king of meme coins could be en route to complete the next bounce cycle.
Axie Infinity price recovery delayed despite investor deposits hitting a five-month high
Axie Infinity price, following the broader market cues, is trending downwards for the moment as the bearishness in the market has grown considerably. Incited with the regulatory crackdown by the SEC, the investors have resorted to offloading their holdings for now.
Bitcoin: BTC targets $30,000 as short-term bias turns bullish
Bitcoin (BTC) price shows a clear sign of the bulls’ victory. After failing to trigger a steep correction, bears look now out of context, at least in the short term, allowing buyers to restart a minor uptrend.