<\/p>\n
Shiba Inu lead developer Shytoshi Kusama celebrates as Shiba Inu emerged as the second most traded token on India-based crypto exchange WazirX in 2023.<\/strong><\/p>\n Shiba Inu\u2019s lead developer, Shytoshi Kusama, has taken to the X (formerly Twitter) to celebrate a major trading milestone SHIB recorded in 2023.<\/span><\/p>\n For context, As reported by The Crypto Basic on 30th DEC 2023, Shiba Inu recorded a jaw-dropping feat on India-based crypto exchange WazirX after it emerged as the second-most traded asset on the trading platform last year.<\/span><\/p>\n The 2023 WazirX Year End Report is in \ud83d\udcdd<\/p>\n \ud83d\ude80 Top performing coins by volume: \ud83d\ude80 Most traded coins: \u2014 WazirX: India Ka Bitcoin Exchange (@WazirXIndia) December 28, 2023<\/p>\n<\/blockquote>\n Although the leading India exchange did not mention SHIB\u2019s exact trading volume last year, the report showed that SHIB outperformed top crypto assets like ETH, XRP, MATIC, and ADA.<\/span><\/p>\n However, the canine-themed token was ranked behind Bitcoin, according to WazirX\u2019s annual report. Commenting on the development, WazirX mentioned that its users are known for their \u201caffinity towards Shiba Inu,\u201d as seen in previous years.<\/span><\/p>\n The India-based exchange hailed Shiba Inu and Bitcoin as the top-performing crypto assets by trading volume on its platform. Interestingly, the exchange shared a stat to corroborate its claims.<\/span><\/p>\n – Advertisement –<\/span><\/p>\n Out of the top six most traded tokens on WazirX last year, only Shiba Inu and Bitcoin made it to the exchange\u2019s monthly ranking for the most traded crypto assets.\u00a0<\/span><\/p>\n As reported earlier in July 2023, Shiba Inu, Bitcoin, and XRP ranked as the top three most traded assets on WazirX in June.<\/span><\/p>\n Reacting to the development, Kusama dropped a \u201ccool face\u201d emoji with the caption, \u201cShiba Inu, you say\u2026\u201d The lead developer also saluted SHIBArmy for helping the cryptocurrency achieve the groundbreaking milestone.<\/span><\/p>\n \ud83d\ude0eShiba Inu, you say\u2026 #shibainu \ud83d\ude1c#shibarmy \ud83e\udee1 https:\/\/t.co\/eB1CFDUmz4<\/p>\n \u2014 Shytoshi Kusama\u2122 (@ShytoshiKusama) January 2, 2024<\/p>\n<\/blockquote>\n Notably, 2023 was not the first time Shiba Inu made it to WazirX\u2019s list of most traded tokens. In 2022, Shiba Inu ranked among the top three most traded cryptos on WazirX. At the time, Shiba Inu took the third position, coming behind Bitcoin and Tether (USDT).<\/span><\/p>\n Many people will not be surprised to see Shiba Inu rank as the second-most traded token on WazirX. Shiba Inu has continued to gain widespread popularity following the launch of numerous projects, like Shibarium.<\/span><\/p>\n Shibarium is the cryptocurrency\u2019s L2 blockchain that has processed nearly 245 million transactions since its inception in August.<\/span><\/p>\n As a result of increased Shibarium transactions and fees, the team behind the cryptocurrency incinerated 33.8 billion SHIB tokens in multiple transactions.<\/span><\/p>\n These burn efforts have helped to reduce SHIB\u2019s hefty supply, thus attracting the attention of crypto investors.<\/span><\/p>\n Follow Us<\/strong> on Twitter and Facebook.<\/span><\/p>\n Disclaimer<\/strong>: This content is informational and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not reflect The Crypto Basic\u2019s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.<\/p>\n -Advertisement-<\/p>\n<\/div>\n<\/div>\nSHIB Shines As Second Most Traded Token on WazirX<\/span><\/h2>\n
\n
\u00bb #BTC followed by #SHIB <\/p>\n
\u00bb $BTC, $SHIB, $XRP, $ETH, $TRX, $MATIC<\/p>\nSHIB and BTC Rank As WazirX\u2019s Top Performing Cryptos<\/span><\/h2>\n
Shiba Inu Lead Reacts\u00a0<\/span><\/h2>\n
\n
Shibarium\u2019s Launch Bolsters Shiba Inu Adoption<\/span><\/h2>\n