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Shiba Inu (SHIB) on Track to Be Listed on Kraken

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Mon, 1/11/2021 - 14:18
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Shiba Inu (SHIB) on Track to Be Listed on Kraken
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San Francisco-based cryptocurrency exchange Kraken is set to list Shiba Inu on Tuesday, according to an announcement made by the company on Twitter.

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Kraken approached the listing in an unorthodox way. Instead of making a formal announcement, Kraken's product lead, Brian Hoffman, challenged Shiba Inu fans to like the post at least 2,000 times.

This, of course, was an easily achievable target for one of the fastest-growing cryptocurrency communities.

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At press time, the tweet has collected over 17,600 likes, meaning that the hottest cryptocurrency is now set to appear on the trading platform as early as Tuesday.

Shiba Inu became available on Coinbase in mid-September. The addition of the meme coin to the largest U.S. exchange was viewed as a harbinger of the cryptocurrency's massive October rally.

The "Dogecoin killer" is also gaining plenty of traction on other trading platforms. Earlier today, Binance announced a trading pair that allows Shiba Inu to trade against its archrival. It will become available on Nov. 2.

Robinhood, however, continues kicking the can down the road on Shiba Inu despite the Change.org petition to list the cryptocurrency surpassing 450,000 signatures.

Shiba Inu is up 22% over the past 24 hours, firmly holding onto ninth place on CoinMarketCap.

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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