• Crypto.com listed new BUSD trading pairs with Solana, Shiba Inu and Dogecoin. 
  • The exchange platform added the new trading pairs to the Crypto.com application. 
  • Solana price is ready for recovery, analysts identify higher lows in SOL chart. 

Crypto.com announced a list of new trading pairs on its crypto application. Solaba, Shiba Inu and Dogecoin have been added to BUSD pairs on the Crypto.com app. 

Also read: Three reasons why Shiba Inu has potential to beat the slump

Crypto.com shines the spotlight on Solana, Shiba Inu and Dogecoin

Crypto.com, a crypto platform and a leading digital asset exchange, put the spotlight on Solana, Shiba Inu and Dogecoin. Crypto.com added BUSD trading pairs for SOL, SHIB, and DOGE, making the cryptocurrencies more accessible. 

The addition of new trading pairs could drive the adoption of the three cryptocurrencies among traders on Crypto.com. The exchange has upwards of 50 million users, therefore this increases the exposure and accessibility of SOL, DOGE and SHIB among its application users. 

Solana ready to recover, argue analysts 

PostyXBT, a pseudonymous crypto analyst, is bullish on Solana. The analyst believes Solana price is ready to recover after climbing to its most recent higher low at $34.50. Solana price structure is not bearish, the analyst believes SOL is ready for recovery. 

SOL-USDT Perpetual Futures 1-day price chart

SOL-USDT Perpetual Futures 1-day price chart 

Shiba Inu and Dogecoin prepare for comeback

Shiba-Inu-themed meme coins SHIB and DOGE are ready for a comeback after double-digit losses over the past week. Whales have continued accumulating SHIB, and currently hold $163 million worth of Shiba Inu in their portfolio. A spike in whale activity and large value transactions worth $100,000 or more coincides with Shiba Inu and Dogecoin local tops. Therefore, proponents anticipate a recovery in SHIB and DOGE. 

Analysts at UToday argue that Shiba Inu is at a make-or-break point at $0.00001294. Shiba Inu’s next move could determine if the meme coin triggers either an uptrend or a downtrend. 

SHIB-USDT price chart

SHIB-USDT price chart

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.

Cryptos feed Join Telegram

Recommended content


Recommended Content

Editors’ Picks

FTX’s ex-CEO Sam Bankman-Fried confesses failure of oversight, says “unknowingly commingled funds”

FTX’s ex-CEO Sam Bankman-Fried confesses failure of oversight, says “unknowingly commingled funds”

FTX’s founder claimed that he was unaware of Alameda’s position, which led to the subsequent collapse. Sam Bankman-Fried had earlier blamed FTX’s downfall on “messy accounting” that emanated during the Terra-Luna collapse.

More Cryptocurrencies news

Avalanche price remains submerged, but bulls can come out on top if this happens

Avalanche price remains submerged, but bulls can come out on top if this happens

Avalanche price may be setting up for one more decline targeting the halfway point of the 2020-2021 bull run. Despite this fact, the bulls are showing efforts to refute the bearish stronghold. The $14 price zone is crucial for defining the next directional rally.

More Avalanche news

Hedera Hashgraph (HBAR) Price Prediction: Countertrend bulls seem poised for more gains

Hedera Hashgraph (HBAR) Price Prediction: Countertrend bulls seem poised for more gains

Hedera Hashgraph price shows potential to rally a bit higher before the bears flex their power again. Based on the confounding technicals, HBAR could rise by 12%. Hedera Hashgraph price has rallied by 18% on the month.

More Hedera news

Why the Ethereum price could rally back to $1,375

Why the Ethereum price could rally back to $1,375

Ethereum price has investors watching closely as the recent recovery could be the start of a much larger move. As the bulls trot higher, subtle signs suggest the ETH price could continue to rally. A breach below $1,214 would make void ETH's bullish potential.

More Ethereum news

Bitcoin: Assessing chances of one last bear market rally for 2022

Bitcoin: Assessing chances of one last bear market rally for 2022

BTC is in a good place to trigger another bear market rally from a high-time frame perspective. This development, combined with the optimistic outlook seen in on-chain metrics, further strengthens the possibility of a happy ending to 2022.

Read full analysis

BTC

ETH

XRP