Shiba Inu

<p><strong>In April, the popular canine-themed token Shiba Inu (SHIB) captured the interest of crypto traders in India, emerging as the most traded coin on WazirX.</strong></p><h2 id="header-0">Claim Instant $200 Worth Of DunkiMunki New Memecoins Free On <a href="https://dunkimunki.xyz/" rel="noopener noreferrer nofollow">www.DunkiMunki.xyz</a></h2><p><img src="https://i0.wp.com/cryptosheadlines.com/wp-content/uploads/2024/05/Untitled-design.png?fit&#61;1920%2C1080&amp;ssl&#61;1" /></p><p>The leading crypto exchange<a href="https://twitter.com/WazirXIndia/status/1786300038777286881?ref_src&#61;twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1786300038777286881%7Ctwgr%5E187a7e197173ca296ac2a62aed421c1e44bc017a%7Ctwcon%5Es1_&amp;ref_url&#61;https%3A%2F%2Fthecryptobasic.com%2F2024%2F05%2F04%2Fshiba-inu-outshines-btc-and-doge-to-become-most-traded-coin-on-indias-leading-exchange%2F" rel="noopener noreferrer nofollow"> announced</a> this in a recent post, highlighting SHIB’s dominance as the most traded token on its platform throughout the month.</p><h3 id="strong-shiba-inu-dominates-trading-activity-on-wazirx-strong"><strong>Shiba Inu Dominates Trading Activity on WazirX</strong></h3><p>The leading crypto exchange revealed in a recent post that Shiba Inu (SHIB) was the most traded token on its platform throughout the last month. This announcement underscored the active engagement of <a href="https://twitter.com/WazirXIndia/status/1786300038777286881?ref_src&#61;twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1786300038777286881%7Ctwgr%5E187a7e197173ca296ac2a62aed421c1e44bc017a%7Ctwcon%5Es1_&amp;ref_url&#61;https%3A%2F%2Fthecryptobasic.com%2F2024%2F05%2F04%2Fshiba-inu-outshines-btc-and-doge-to-become-most-traded-coin-on-indias-leading-exchange%2F" rel="noopener noreferrer nofollow">WazirX</a> traders with SHIB, surpassing all other crypto assets.</p><h3 id="strong-bitcoin-trails-behind-ethereum-at-the-bottom-strong"><strong>Bitcoin Trails Behind, Ethereum at the Bottom</strong></h3><p>According to the provided data, Bitcoin (BTC) secured the second position as the most traded crypto asset on WazirX in April. <a href="https://cryptosheadlines.com/analyst-predicts-shiba-inu-shib-price-of-0-001-following-bitcoin-halving/" rel="noopener noreferrer nofollow">Following closely were Shiba Inu’s competitors, Dogecoin (DOGE) and Pepe (PEPE)</a>, ranking as the third and fourth most traded tokens, respectively.</p><p>Interestingly, Ethereum, the second-largest cryptocurrency by market cap, ranked at the bottom of the list. WazirX did not disclose the trading volumes of all crypto assets, maintaining a trend seen in previous months.</p><h2 id="header-1">Claim Instant $200 Worth Of DunkiMunki New Memecoins Free On <a href="https://dunkimunki.xyz/" rel="noopener noreferrer nofollow">www.DunkiMunki.xyz</a></h2><p><img src="https://i0.wp.com/cryptosheadlines.com/wp-content/uploads/2024/05/Untitled-design.png?fit&#61;1920%2C1080&amp;ssl&#61;1" /></p><h3 id="strong-shiba-inu-s-rising-popularity-on-wazirx-a-favorite-among-indian-traders-strong"><strong>Shiba Inu’s Rising Popularity on WazirX: A Favorite Among Indian Traders</strong></h3><p><a href="https://cryptosheadlines.com/shiba-inu-shib-shows-positive-momentum-ahead/" rel="noopener noreferrer nofollow">Shiba Inu has cemented its position</a> as one of the preferred tokens among Indian crypto traders, commanding a significant share of volumes on India-based exchanges. WazirX has consistently highlighted Shiba Inu’s trading dominance in its monthly and yearly reports, showcasing its popularity among users.</p><p><a href="https://cryptosheadlines.com/coinbase-earns-1-18-billion-in-net-income-in-q1-2024/" rel="noopener noreferrer nofollow">Also Read:   Coinbase Earns $1.18 Billion in Net Income in Q1 2024</a></p><p>In March, Shiba Inu claimed the top spot as the most traded token on WazirX, surpassing prominent cryptocurrencies like Bitcoin (BTC), Pepe (PEPE), Floki (FLOKI), and Dogecoin (DOGE). Throughout 2023, <a href="https://cryptosheadlines.com/us-politician-makes-shib-token-purchase-wellys-unveils-new-store/" rel="noopener noreferrer nofollow">Shiba Inu maintained its prominence as the second-most traded token</a> on the exchange, trailing only behind Bitcoin. WazirX attributed this <a href="https://cryptosheadlines.com/shibarium-testnet-reaches-new-milestones-shib-bone-prices-jump/" rel="noopener noreferrer nofollow">milestone to the strong preference of its users for SHIB</a>, evident from their consistent trading behavior.</p><p>WazirX listed SHIB in May 2021, nine months after its launch in the crypto market. Since its listing, Shiba Inu has remained a fixture among the most traded assets on WazirX, showcasing its sustained popularity and trading activity.</p><p>WazirX, supporting a total of 294 crypto assets, currently boasts a 24-hour trading volume of $2.23 million. Notably, <a href="https://cryptosheadlines.com/shiba-inu-sees-1-6-trillion-volume-in-24-hours-bull-run-ahead/" rel="noopener noreferrer nofollow">Shiba Inu contributes significantly to WazirX’s trading volume</a>, accounting for $168,923 and making the SHIB/INR pair the third most traded on the exchange.</p><p><strong>Important:</strong> Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.</p>

Shiba Inu Tops BTC and DOGE on Indian Exchange

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