Shiba Inu Surpasses Other Cryptos As Most Searched Asset on Huobi

According to Huobi Global, a major cryptocurrency exchange, Shiba Inu (SHIB) has become the most searched token on its platform, surpassing other popular cryptocurrencies like Huobi Token (HT), Solana (SOL), Luna Classic (LUNC), and Ripple (XRP).

#Huobi Top Searched Tokens:

1⃣ $SHIB @Shibtoken
2⃣ $HT @HuobiGlobal
3⃣ $SOL @solana
4⃣ $LUNC @terra_money
5⃣ $XRP @Ripple

Which one is your fave?

Trade them on https://t.co/qihXWjwBOc pic.twitter.com/GUKDpmGx7M
— Huobi (@HuobiGlobal) February 28, 2023

Shiba Inu has gained attention due to the upcoming launch of Shibarium Beta and has now overtaken the USD-pegged stablecoin USDC to become the third-largest asset in Crypto.com’s digital asset reserves. According to fxcryptonews, Crypto.com currently holds $677.06 million worth of Shiba Inu, higher than the platform’s $453.59 million worth of USDC.

Read article: More Adoption for Shiba Inu, Payments Now Accepted by Georgia Vendors

Binance has announced its support for Shiba Inu’s new trading pair against the US Dollar (SHIB/USD) while removing KSHIB/USD from its list of supported trading pairs. Furthermore, OKCoin Japan, based in Tokyo, has added Shiba Inu to its platform.

According to a recent study conducted by Cryptomeister, Shiba Inu has gained popularity in the US, ranking fourth in the list of the most searched digital currencies.

Olasunkanmi Abudu

Olasunkanmi Abudu is a Web3 content writer with over five years of experience covering blockchain, decentralized finance, and digital assets. He specializes in producing well-researched and accessible content that explains complex technologies and market trends to both general readers and industry professionals.

Disclaimer: The information in this article should not be considered financial advice, and FXCryptoNews articles are intended only to provide educational and general information. Please consult with a financial advisor before making any investment decisions.