- OKX notified its Shiba Inu (SHIB) users of an error message containing inaccurate information.
- Trading of SHIB will not be affected, and OKX will investigate the root cause of the issue.
- Shiba Inu experienced a 5.11% increase in value, while Dogecoin surged by 25%.
OKX cryptocurrency exchange recently issued a significant notice to its Shiba Inu (SHIB) user base acknowledging that some users had received an error message regarding SHIB, which contained inaccurate information. Despite this, the exchange has assured its users that the trading of SHIB will not be impacted, while it investigates the root cause of the error.
OKX was initially registered in Beijing, China, but later relocated its headquarters to Seychelles following China’s crypto ban, and recently issued a notification to its users concerning SHIB. According to the exchange, a number of users were presented with an erroneous pop-up window containing incorrect information about SHIB.
However, OKX has reassured its customers that trading in the SHIB market will remain unaffected despite the error. The exchange has promised to investigate the root cause of the issue and prevent such mistakes from happening again. Additionally, it’s worth noting that OKX was reportedly one of the first major exchanges to list SHIB. OKX, previously known as OKEx, announced in May 2021 that it would be listing Shiba Inu (SHIB).
In the past 24 hours, Shiba Inu experienced a surge in value, along with other dog-themed cryptocurrencies, following a wave of optimism that swept through the sector. This was triggered by a significant event on April 3, when Twitter users began to notice that the solid blue bird logo that usually appears in the top left corner of their web browsers had been replaced with a cartoon image of the Shiba Inu dog, which is also the face of the Doge meme.
As of the time of writing, SHIB had experienced a 5.11% increase in value over the past 24 hours, with each token trading at $0.00001141. In contrast, SHIB’s main competitor, Dogecoin, had surged by 25% in the last 24 hours to trade at $0.098, largely due to the Twitter logo change news.
Additionally, the official SHIB Twitter account recently shared an article from Forbes that featured Shiba Inu’s metaverse advisor, Marcie Jastrow. During SXSW, SHIB metaverse advisors Marcie Jastrow and Sherri Cuono announced that they are developing a multiplayer metaverse focusing on Shiba Inu.