Kraken exchange

Kraken exchange is going to add a new asset, SHIB, on their exchange on Nov. 2

Kraken exchange has revealed that they are going to list a new asset on their exchange, Shiba Inu (SHIB). SHIB, a rival of the original meme currency, has added 825.5% to their price in the last 30 days and is up by 97% in a week.

Who would have thought that a meme currency can be worth billions of dollars? Well, in crypto you never know what is going to happen. SHIB, a rival meme currency of Dogecoin, is gaining a lot of popularity these days. A lot of good news has been coming out of the crypto market for SHIB. AMC is going to accept it as a payment method as announced recently. Now, the Kraken exchange is planning to list Shiba Inu (SHIB) on their platform.

Kraken exchange is going to add SHIB on their firm:

A tweet came on the scene on Monday, in this tweet Kraken exchange announced to list the SHIB on their platform. The product lead of the firm, Brian Hoffman, asked to get 2000 likes on a tweet about the San Francisco-based firm listing the meme currency. At the time of writing the post has got more than 58k likes and almost 15k retweets.

Kraken exchange
The tweet from Kraken exchange about listing of SHIB on their firm

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. The supporter of SHIB is seeing a price bull run after the listing of the SHIB.

With a market cap of 39 billion dollars, SHIB is up 825% in the last 30 days. Supporters of this are trying to enlist the coin not only on the Kraken exchange but on Robinhood exchange also. Well, I think these little projects can be very profitable because the big names have got big investors and corporations which can be bad for the investors with small portfolios.

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About mnmansha

MN Mansha is a cryptocurrency expert, trader, and content writer with extensive experience in covering everything related to digital assets — from price analysis to Blockchain disruption. Mansha authored 100+ stories for NewsBSC.com and other fintech media outlets and he's actively writing more every day. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets.

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