InstaForex

November 26, 2021

Shiba Inu (SHIB) Is Now 'Barking' To South Korea!

 Shiba Inu (SHIB) penetrated the South Korean market following its listing on the crypto exchange, Korbit.


For the record, Korbit is the first crypto exchange platform in the country to list crypto memes.


Its users can start trading SHIB/KRW starting today.


Supposedly SHIB recorded a jump of almost 6% today and is currently trading at $ 0.000040. The asset has also touched a daily high of $ 0.000043.


Apart from SHIB, Korbit also lists Injective Protocol (INJ).


However, INJ did not show any positive price movement. Instead the asset traded at $ 13.06, down over 3% in 24 hours at the time of writing the article.



Meanwhile, some whales made large purchases of SHIB totaling 850 billion SHIBs worth $ 36,890,600 (RM155,899,675.60).


Based on information from WhaleAlert, the purchase involved a personal or over-the-counter (OTC) transaction.


Finally, SHIB investors are asked to be vigilant with scams that are contagious in this community.


In a twit on November 21, @Shibtoken revealed a scam project involving Shiba Inu’s official account being the target of an undercover.


Stay Alert & Safe #ShibArmy!


We've been made aware of a recent scam, traveling social media, and other communication platforms.


Here's a quick video to provide more information on the matter. pic.twitter.com/UOh50WsJSQ


- Shib (@Shibtoken) November 21, 2021


The scam accounts have uploaded various SHIB-related programs such as airdrops, bonuses, prizes, and giveaways.