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Kraken Kicks the Can Down the Road on Shiba Inu Listing

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Wed, 11/03/2021 - 07:41
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Alex Dovbnya
It's not clear when (or if) Kraken will list Shiba Inu (SHIB)
Kraken Kicks the Can Down the Road on Shiba Inu Listing
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Cryptocurrency exchange Kraken has stated that it will consider listing the Shiba Inu cryptocurrency in the future, claiming that there is more work to be done.

As reported by U.Today, Brian Hoffman, Kraken's product lead, announced that the San Francisco-based exchange would list the token on Tuesday if members of the community were able to collect 2,000 likes.

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The Shiba Inu army smashed the target in mere minutes, but the listing did not take place yesterday, to the chagrin of some SHIB fans.

Kraken says that it has heard one of the biggest crypto communities "loud and clear."

Hoffman described Shiba Inu holders as "wild" in response to the level of engagement they have displayed.

The SHIB price has dropped over 11% after the biggest Shiba Inu whale started transferring his/her funds to different wallets earlier today.

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About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at alex.dovbnya@u.today.