"We have seen around 35,000 users buying Shiba Inu recently, which accounts for a 385% increase in Shiba Inu investors. Also, the Shiba Inu INR markets saw 5x increase in exchange volume," said Shivam Thakral, chief executive at cryptocurrency exchange BuyUcoin. "Shiba Inu, owing to the recent rally, has become the eighth-largest crypto in the world by market cap. At OKEx, we have seen a 5x increase in Shiba Inu trading since the beginning of the price surge. All the large cryptocurrency exchanges have seen at least a doubling in trading and investment in the past few months.

Source: Economic Times October 31, 2021 08:44 UTC