Coin SHIB: Can you still trade on Coinbase? Is Coinbase down?

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Investors in the Shiba Inu coin, a memes-based cryptocurrency token, have reported issues when trading the crypto coin on the Coinbase Pro app, according to Benzinga.

Active users of the r / SHIBArmy subreddit admitted that there had been technical issues with Coinbase Pro, which prevented people from trading, selling and investing in the coin, according to screenshots obtained by Benzinga.

Coinbase support tweeted about the reports, saying some people were having issues loading and having trouble signing in to their accounts.

Knew that customers are having difficulty loading certain pages or signing into their mobile apps. Our teams are there and are working to restore full service. Rest assured that your funds are safe! CoinBase Support said in a tweet. Soon after, Coinbase Support said it fixed the connectivity issues preventing the page from signing in and loading. Thanks again for your patience today!

The price of Shiba Inu cryptocurrency has doubled in recent days, reaching new levels of interest. According to Yahoo Finance, the price rose, in part due to a mysterious whale that bought massive amounts of Shibu Inu.

But the growth started in September when the Shiba Inu coin jumped 35% after it was added to the Coinbase app, a popular platform for people to trade and buy cryptocurrency, according to Mint, who monitors financial and cryptocurrency news.

Coinbase also added Shiba Inu Coin to the Coinbase Pro app in September, which is another trading platform.

Still, experts say cryptocurrencies are a risky investment because their prices change suddenly.

Memecoins are highly volatile cryptocurrencies that are known to witness sharp moves based on current events, according to Mint.

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