Shiba Inu's adoption reaches new heights with its listing on Coins.ph, a popular cryptocurrency exchange in the Philippines. This move marks a significant milestone for the meme coin in the Asian market.
Coins.ph: A Trusted Platform with Massive Reach
- User Base: Over 18 million registered users
- Regulation: Fully licensed by Bangko Sentral ng Pilipinas (BSP)
- Distinction: Asia's first blockchain company to hold dual EMIVC licenses (Electronic Money Issuer & Virtual Currency Exchange)
The exchange, founded in 2014, evolved from crypto services to offering comprehensive traditional financial solutions. Its mission emphasizes being "the Philippines' most mature crypto brand."
Shiba Inu's Market Performance
Current metrics (as of latest data):
- Price: $0.00001180
- 7-Day Growth: +7.1%
- Market Cap: $7 billion (Ranked #15 among cryptocurrencies)
Analysts project a bullish target of $0.0000140, citing recovering trends after an 85% drop from its October 2021 peak.
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Why This Listing Matters
- Accessibility: Expands SHIB's availability to millions of users across Asia.
- Legitimacy: BSP-regulated platform enhances investor confidence.
- Trend Alignment: Follows recent listings on Bitstamp and Robinhood.
The Philippine Crypto Landscape
Key insights:
- Adoption Rate: 4% of population owns crypto (4.3M people)
- Growth: Among world's fastest-growing crypto user bases
Leadership Update
Former Binance CFO Wei Zhou acquired Coins.ph in April 2022, signaling new strategic directions for the exchange.
FAQ: Shiba Inu on Coins.ph
Q: When did SHIB launch on Coins.ph?
A: The initial planned July 13 listing faced technical delays but is now operational.
Q: What services does Coins.ph offer?
A: Beyond crypto trading, it provides e-wallets, remittances, and bill payments.
Q: How does Philippine regulation affect SHIB trading?
A: BSP oversight ensures compliance with anti-money laundering and consumer protection standards.
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Keywords: Shiba Inu, Coins.ph, Philippines cryptocurrency, meme coin, BSP regulation, EMIVC license, SHIB price prediction
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