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You are here: Home / News / Shiba Inu [SHIB] to soon be listed on Kraken; Another price rally in the making?
Shiba Inu

Shiba Inu [SHIB] to soon be listed on Kraken; Another price rally in the making?

November 2, 2021 by Sahana Kiran

Shiba Inu [SHIB] has been the talk of the crypto town ever since it made a debut. The asset proved that it wasn’t just all talk as it managed to amass significant investors across the globe. Despite thriving as a meme coin, Shiba Inu secured a spot on an array of prominent crypto exchanges like Binance, Coinbase and now another popular US exchange announced that it would onboard the asset.

Most of the crypto community is active on the social media platform, Twitter. Therefore, various firms have been seeking approval from the community before inducing certain assets into their system. American cinema operator, AMC’s CEO, Adam Aron went on to set up a poll asking the public about the inclusion of Dogecoin [DOGE] as well as Shiba Inu [SHIB].

Making use of social media the right way, crypto exchange, Kraken shared a tweet regarding the listing of Shiba Inu.

Shiba Inu [SHIB] to be listed on Kraken today

Crypto exchange, Kraken took to Twitter and shared a tweet putting the “SHIB Army” to work. In the tweet, Kraken revealed that the exchange’s product lead, Brian Hoffman affirmed that Shiba Inu would be a part of the platform if the following tweet got about 2,000 likes.

The tweet read,

Shiba Inu
Shiba Inu [SHIB] to soon be listed on Kraken; Another price rally in the making? 3

In less than 24-hour of the tweet being posted, it managed to garner a whopping 56K likes with 14K retweets and about 991 quote tweets, at press time. The SHIB army has been coming in stronger than the following of other coins. The latest tweet is proof enough of the same.

Kraken happens to be the latest to jump in on the Shiba Inu train. Kraken’s rival Coinbase listed the coin several weeks ago and even caused a pump. Coinbase even added the coin’s ticker symbol SHIB in its description.

The tales surrounding SHIB are numerous. While the altcoin continues to flourish several suspect a rally on the way following the news of its latest listing.

However, during the time of writing, Shiba Inu was riding the bearish wave. The asset was trading for $0.00007064 with a 2.73% drop over the last 24-hours. While most of the assets were bagging gains, SHIB was moving in the other direction. Nevertheless, the community was seen vouching for a rally.

Filed Under: News, Altcoin News Tagged With: Kraken, SHIB, Shiba Inu Coin

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