Since reaching one million holders at the end of 2021, the Shiba Inu (SHIB) has gained approximately 200,000 new owners since the start of 2022, and the meme token's adoption is still growing.
According to a tweet on March 9 by lead Shiba Inu developer Shytoshi Kusama, Shiba Inu Türkiye had a face-to-face discussion with officials from the Turkish Parliament, chaired by Mustafa Elitaş, during which the SHIB ecosystem was addressed.
“FANTASTIC NEWS. Global adoption continues to grow! Shibarmy Thank you .@mustafaelitas for meeting with @shibaturkish !!!”
Trading activity in Turkish liras with SHIB
The development came on the heels of Turkey's fiat currency, the Turkish Lira, rapidly depreciating in 2021 and 2022, resulting in trading activity in Turkish Lira pairings with Shiba Inu and Tether being more than five times higher than Bitcoin.
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The author's or anyone else's views or opinions expressed in this article are for informational purposes only and do not constitute financial, investment, or other advice. Investing in or trading in crypto assets carries a financial risk.
IMAGE CREDIT
Featured image via Wikipida
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