Shiba Inu Gets New Listing And Dubai Adoption: Will Prices Rally?

NewsSun, 16 Aug 2026 09:58:00 UTC1 hour ago
Shiba Inu Gets New Listing And Dubai Adoption: Will Prices Rally?

Shiba Inu (SHIB) was recently listed on the Australian exchange FameEX. The asset saw a sudden price rally to $0.00001004 on the platform soon after its induction. Shiba Inu (SHIB) also saw a recent Dubai adoption. The asset is now usable at Dubai Duty Free airport stores. Both developments are rather bullish and may help expose SHIB to new users. Letโ€™s discuss if prices will rally.

Will Shiba Inu Rally After Dubai Adoption And Australian Listing?

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Shiba Inu (SHIB) has struggled to gain steam over the last year and a half. The popular cryptocurrency climbed to the $0.000032 price level in December 2024, but has since been on a downward trajectory. SHIB even struggled to gain momentum during the 2025 bull market. While Bitcoin (BTC), Ethereum (ETH), XRP, etc. hit new all-time highs, SHIB was barely holding on to its support levels.

Shiba Inuโ€™s (SHIB) lackluster performance is due to several factors. Firstly, SHIB is considered a memecoin with substantially higher risk than many other crypto assets. Risk appetite among investors is quite low and memecoins have not seen much positive price action.

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