Shiba Inu and Dogecoin Can Now Be Traded Against Circle’s Stablecoin on MEXC Global

Dogecoin

New Shiba Inu and Dogecoin trading pairs have been added by MEXC Global

Cryptocurrency exchange MEXC Global has announced that its users can now trade Shiba Inu and Dogecoin, the two biggest meme cryptocurrencies, as well as ApeCoin (APE) for Circle’s USDC stablecoin.

Prior to that, it was possible to trade these cryptocurrencies only against Tether’s USDT stablecoin.    

In January, MEXC Global also added support for Bone ShibaSwap (BONE), the governance token of decentralized exchange ShibaSwap, becoming one of the first exchanges to list the exotic token.

The exchange clocked $1.3 billion in total trading volume over the last 24 hours, according to data provided by CoinMarketCap.

Bitcoin, Ethereum, and Polkadot are the top three cryptocurrencies on the exchange by trading volume.

Dogecoin and Shiba Inu come in 14th and 44th places, respectively.   

Dogecoin and Shiba Inu had a disappointing day, losing over 5%. Both cryptocurrencies are underperforming with other top altcoins.

Bitcoin, the world’s largest cryptocurrency, dipped to $28,000 earlier today, but it managed to stage a mild recovery.

As many predicted by many analysts, Dogecoin and Shiba Inu, which are considered risky bets, are performing poorly in the current risky environment. The two cryptocurrencies are down 89.11% and 87.27% respectively from their record highs.

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