Shiba Inu and Dogecoin continue to trade places, vying for coin supremacy
After flipping Dogecoin for the first time on Wednesday, Shiba Inu is once again above its canine archrival, with its price printing a double-digit increase. At press time, it is valued at $39.3 billion.
Earlier today, Coinbase, the main US exchange, updated its price accuracy for pairs with the cryptocurrency Shiba Inu.
The maximum number of decimals that can be entered on the order form has been reduced from eight to seven. Placing an order that exceeds seven decimal places will result in an error.
The change has been caused by the massive spike in the Shiba Inu price. The same token has risen 925% over the past month.
Coinbase says that it will keep the current maximum precious as long as the price of Shiba Inu stays above the $0.00003 level.
The ‘Dogecoin killer’ hit its current all-time high of $ 0.00008616 on October 28, but its price is currently down 22.3% from the recent peak.
Shiba Inu started trading on Coinbase in mid-September. Less than a month after listing, it has become the most traded cryptocurrency on the exchange.
On Wednesday, Coinbase experienced some downtime that was allegedly caused by massive Shiba Inu buying.
