Shibu Inu Prices Are Expected To Zoom After Binance Update

Shibu Inu prices are expected to zoom after Binance, the largest crypto exchange in the world has dropped a massive announcement for some cryptocurrencies. The number one crypto exchange has added Shiba Inu and two new tokens to its list of supported cryptocurrencies on Binance Card.

Shiba Inu To Get Access 60 Million Merchant Access

The crypto exchange has said that it has added support for Shiba Inu (SHIB), Avalanche (AVAX), and XRP into the Binance Card. Shiba Inu will get access to more than 60 million merchant access. However, the services will be available for the users in European Economic Area (EEA) and Ukrainian refugees living in the same region. The Binance card supports more than a dozen cryptocurrencies.

The present addition will enable more than 60 million merchants to pay by SHIB. The rider attached is users will be getting up to 8% cashback with zero annual or FX fees.

The latest announcement has led to Shiba Inu’s price jump by over 2%. When reports last came in the canine based crypto coin was trading at an average price of $0.000012. It is notable that Shiba Inu prices have recorded a surge of more than 15% over the past one month.

The trading volume of Shiba Inu has jumped by over 17% to stand at $315 million. The touted Dogecoin killer which also holds the distinction of being the second largest meme currency has a market cap of over $6.6 billion.

The SHIB management also revealed the names of their upcoming Collectible card game (CCG), Shiba Eternity. The SHIB team is working with Playside Studios for the testing schedule and its launch date. It is being touted as the next big step after the launch of its own metaverse.

Binance Addition Has Also Helped XRP, AVAX Values Surge

The latest announcement by Binance also had a positive effect on the values of XRP and AVAX tokens. XRP fortunes are down due to Ripple’s legal wrangling with SEC. However, the latest announcement by Binance has helped XRP values to surge by 2%. When reports last came in XRP was changing hands at an average price of $0.3734 while its 24 hours trading vol is marginally up to stand at $956.4 million.

However, AVAX price also surged by 4% and changing hands at an average price of $24.31.