Coins.ph, a cryptocurrency exchange licensed by the Central Bank of the Philippines, has listed the Shiba Inu (SHIB). Also, Mexico-based University of Utel announced that tuition fees are accepted with SHIB. Meanwhile, cryptocurrency analysts have set a bullish target of $0.0000140 for SHIB.
Shiba Inu (SHIB) arrives on central bank-approved exchange Coins.ph
Popular meme coin Shiba Inu (SHIB) has reached the Philippines and Mexico in a new round of global adoption. Central bank-approved crypto exchanges in the Philippines have listed the Dogecoin killer Shiba Inu at a turning point for the ShibArmy.
Shiba Inu adoption is on the rise as the dog-themed meme coin is listed on Coins.ph. Coins.ph’ is an exchange approved by the Philippine Central Bank and has more than 16 million users. Therefore, Shiba Inu reached 16 million new users overnight after the stock market listing. According to the website Coins.ph, there are 20 crypto assets listed on the licensed crypto exchange.
You asked 📢 and we listened 👂#SHIB is now available on #CoinsPH! 🐶
Learn about #SHIB and how to buy them on https://t.co/ehQWvZjBQo ➡️ https://t.co/CBASzpdfBo pic.twitter.com/AwBHsGWxNv
— Coins.ph📍 Philippine Fintech Festival Oct 17-21 (@coinsph) July 20, 2022
The announcement comes a week after the exchange mocked its users with the listing of the second largest meme coin. The listing was originally scheduled for July 13, 2022. However, there was a delay in the SHIB listing due to a technical glitch. Eventually, the issues were resolved and the exchange added the Shiba Inu to its list.
At this university you can pay tuition fees with SHIB
Mexico-based University of Utel is located in more than 11 countries, including the United States, Mexico, Chile, Ecuador, Colombia, Panama, and Peru. The university has announced that it accepts tuition fees in 34 cryptocurrencies, including Shiba Inu.
Utel University has partnered with Bitso, a leading cryptocurrency exchange, to accept crypto payments. Shiba Inu (SHIB) can now be used to pay tuition fees. Such developments are expanding the use and worldwide adoption of the meme coin.
cryptocoin.comAs we reported, following the news of Utel’s partnership with Bitso, the online university has become the first university in Latin America to transparently embrace cryptocurrency payments as a trusted payment method for the community.
SHIB poised to run up to $0.0000140
Cryptocurrency analysts evaluated the Shiba Inu (SHIB) price trend. Analysts are predicting a rise towards the bullish target of $0.00140 for SHIB. The Shiba Inu could recoup its losses and start an uptrend by looking at its target of $0.0000140.
At press time, SHIB was trading at $0.00001143, losing 2.40% on a daily basis, according to data from CoinMarketCap. On the other hand, the meme coin is up 4.38% on a weekly basis. However, it stands 87% off the all-time high of $0.00008845.
