Tomorrow Kraken Exchange Set to List Shiba Inu; Expect Price Gains

Tomorrow Kraken Exchange Set to List Shiba Inu; Expect Price Gains

Kraken is one of the largest and oldest Bitcoin exchanges in the world, Kraken is consistently named one of the best places to buy and sell crypto online, thanks to their excellent service, low fees, versatile funding options and rigorous security standards.

But this is only a part of their story. Kraken has been in the forefront of the blockchain revolution since 2011.

Kraken tweeted Monday about listing the Shiba Inu (SHIB) on its platform. According to the San Francisco-based exchange, the company’s product lead, Brian Hoffman, said if the tweet gets 2K likes, Kraken will list shiba inu Tuesday.

 

 

Shiba Inu has vaulted into the top ten most valuable digital assets by market value, hitting $40 billion and surpassing Dogecoin.

Shiba was up another 10% at midday on Monday and has doubled in value in the past week. Most of that gain came in a flurry of trading last Wednesday, when it gained a whopping 66%.

A petition with more than 450,000 signatures on Change.org is pushing for the mobile trading app Robinhood to start allowing Shiba trades. Robinhood currently allows trading of Dogecoin and other cryptocurrencies. Its CEO Vladimir Tenev told investors last week that the company would “carefully evaluate whether we can add new coins in a way that’s safe for customers and in line with regulatory requirements.”

While Kraken has not confirmed that SHIB will definitely be listed Tuesday, a Twitter user claims that a customer representative of the exchange said late Monday that SHIB will be listed “sometime tomorrow,” adding, “We do not have an exact time when it is being listed, but there should be an update tomorrow.”

SHIB supporters see the listing on Kraken as ultra bullish, expecting the price of Shiba Inu to soar.