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Coinbase Goes Down At The Time Of SHIB's Record High

Mary Liu

Summary: Coinbase, the largest cryptocurrency exchange in the United States, is currently experiencing downtime. As of press time, the website has been offline for more than 20 minutes, and the website status page shows that it has encountered "connectivity issues." Analyst Zerohedge speculates that the downtime is related to the SHIB trading boom. SHIB saw its ...

Coinbase, the largest cryptocurrency exchange in the United States, is currently experiencing downtime. As of press time, the website has been offline for more than 20 minutes, and the website status page shows that it has encountered "connectivity issues."

Analyst Zerohedge speculates that the downtime is related to the SHIB trading boom. SHIB saw its trading volume exceed $5 billion on the Coinbase platform alone. 

Earlier today, the market value of SHIB surpassed its competitor Dogecoin on CoinGecko and CoinMarketCap. As of press time, the trading price reached a new ATH of $0.00008519 with a 24-hour increase of 62%.

By Mary Liu

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