Binance, one of the world's largest cryptocurrency exchanges, has announced that it is expanding its investment product offerings to include several new coins, including Shiba Inu and several others.

According to Binance, the move is part of its ongoing efforts to provide users with a wide range of investment options and to support the growth of new and emerging cryptocurrencies. The new coins will be available for trading and investment on Binance's platform, and users will be able to access them through a variety of investment products, such as futures and options contracts.

Shiba Inu, in particular, has emerged as a popular new cryptocurrency in recent months, with a market capitalization of over $3 billion at the time of writing. The coin is often referred to as the "Dogecoin killer" due to its similarities to the popular meme-based cryptocurrency.

Binance's decision to add Shiba Inu and other new coins to its investment product offerings is likely to further fuel interest in these emerging cryptocurrencies, and could help to drive up their prices. However, it's important to note that investing in cryptocurrencies is inherently risky, and prices can be highly volatile.

(by Mark Brennan)