After a long time after a long time, the Kraken exchange announced that it will add support for the Dogecoin competitor Shiba Inu token.
Kraken is the eighth largest crypto exchange on the market by trading volume. It is referred to as a global cryptocurrency exchange. Recently, Kraken’s exchange has hinted that it will include Shiba Inu coins. However, many believed that Kraken may not include the coin.
On November 29 On the 29th of November Kraken exchange announced on Twitter that trading in Shiba Inu meme tokens will begin on the 30th of November.
The listing on Kraken will be among the most successful choices in the cryptocurrency business since Kraken has been a popular choice for the Shiba Inu population was eager to observe Shiba Inu listed on this Kraken exchange.
Following it was announced, tweets received 17.5kretweets as well as 44.3k likes This is a huge number compared to the typical tweets on Kraken. Kraken exchange.
U-turn of Kraken Exchange on Shiba inu
In the beginning of the month, the Kraken exchange pushed members of the Shiba Inu group to provide 2000 likes in 24 hours. The Shiba Inu community surpassed the task within a couple of hours. Then the Kraken exchange announced they would not publish the Shiba token due to the many requirements to list the new token.
HoBut later, Kraken’s exchange hinted through a Twitter post that they are working on the procedures to list Shiba Inu coins but it was just assumptions by the Shiba Inu community because Kraken’s exchange didn’t write anything about the listing. They only posted a Shiba Inu pet.
Shiba Inu receiving the support of services not the price
As of right now, the price of Shiba is down 26% in the past 30 days. In this scenario, the cost of Shiba is easily quantifiable because it has received massive support from crypto-related services, but it is not getting buy support.
In the last few days, South Korean crypto exchange Korbit announced the listing of Shiba Inu. After that, it became the Recently, South Korean crypto exchange Korbit listed Shiba Inu. And after this, it became the first-ever meme coin to get space in the Korean Crypto market.