Shiba Inu achieves new listing on coinone: How will this affect the ShiB course?

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Shiba Inu (SHIB) hat einen neuen Eintrag auf Coinone erhalten, einer der größten und angesehensten Kryptobörsen Südkoreas. Die Notierung bei Coinone ist ein bedeutender Schritt für SHIB, da sie seine Präsenz im asiatischen Markt stärkt und möglicherweise neue Händler anzieht. Coinone ist eine seit neun Jahren etablierte Börse und verzeichnet ein Handelsvolumen von 68,4 Millionen Dollar, womit sie die viertgrößte Börse in Korea und die 40. größte der Welt ist. Obwohl die Notierung bei Coinone eine wichtige Entwicklung für SHIB ist, ist das anfängliche Handelsvolumen von rund 100.000 $ in den letzten 24 Stunden möglicherweise nicht so beeindruckend, wie einige …
Shiba Inu (Shib) has received a new entry on Coinone, one of the largest and most respected crypto bonds in South Korea. The listing at Coinone is an important step for Shib because it strengthens its presence in the Asian market and possibly attracts new dealers. Coinone is an stock exchange established for nine years and has a trading volume of $ 68.4 million, which makes it the fourth largest stock exchange in Korea and the 40th largest in the world. Although the listing at Coinone is an important development for Shib, the initial trading volume of around $ 100,000 in the last 24 hours may not be as impressive as some ... (Symbolbild/KNAT)

Shiba Inu (Shib) has received a new entry on Coinone, one of the largest and most respected crypto bonds in South Korea. The listing at Coinone is an important step for Shib because it strengthens its presence in the Asian market and possibly attracts new dealers. Coinone is an stock exchange that has been established for nine years and has a trading volume of $ 68.4 million, which makes it the fourth largest stock exchange in Korea and the 40th largest in the world.

Although the listing at Coinone is an important development for Shib, the initial trading volume of around $ 100,000 in the last 24 hours may not have been as impressive as some had hoped. The "Korea effect" has not yet been noticeable, since most trade continues to take place on Binance, the global crypto exchange. The trade in Krw/Shib has remained low so far.

According to the data from CoinmarketCap, around 99 % of all Shib trades have been handled on Binance in the last 24 hours. Most of these trades were carried out with the couples USDT (74 %) and Busd (22 %). Coinbase and Kucoin recorded a trading volume of only $ 5 million or $ 4.2 million. The largest Korean stock exchange, upbit, recorded a trading volume of $ 2.3 million.

However, it is important to note that the cryptocurrency markets are very volatile and unpredictable. The "Korea effect" may only be noticeable in the future. The Korean crypto market is often overlooked, but is actually the third largest in the world. In the past, Korean dealers have shown that they can "push" a coin alone, as with aptos (apt) at the beginning of the year and the youngest Bitcoin Cash (BCH) rally.

It remains to be seen how the list of coinone will affect Shib's course. The cryptoma markets are unpredictable and it is possible that the trading volume will change in the future. It will be interesting to observe whether the "Korea effect" occurs and Shiba Inu receives another thrust by listing at Coinone.