SHIBA Inu coin was down again on Wednesday as Bitcoin rose slightly, and GYEN launched on Coinbase Pro.
Coinbase has begun “accepting inbound transfers of GYEN” with trading to begin “on or after 9am Pacific Time (PT) Wednesday November 10, if liquidity conditions are met.”
Meanwhile, Bitcoin rose slightly, according to Coinbase, and Shiba Inu was down once more. Shiba Inu coin was listed as being down 24.84 percent over the last seven days on the crypto site.
Shibu Inu is a cryptocurrency token that allows users to hold trillions of them. Tokens of Shiba Inu feature the same dog as Dogecoin, which has become one of the most popular cryptocurrencies this year.
Plus, at the New York Times DealBook conference, Apple CEO Tim Cook was asked if he owns Bitcoin or Ethereum and said, “I do. I think it’s reasonable to own it as part of a diversified portfolio,” according to CNBC.
“I’m not giving anyone investment advice by the way,” he added.
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As the name indicates, the cryptocurrency is small.
But Litecoin, which was established in 2011 by Google engineer Charlie Lee, operates similarly to Bitcoin.
Mr Lee on occasions refers to Litecoin as the “silver to Bitcoin’s gold.”
The two cryptocurrencies act similarly in how their global payment operations are set up. Both are not controlled by financial institutions.
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