Cryptocurrency

Kraken Hints At Listing Shiba Inu This Week as Gemini Launches Trading For SHIB Token

Kraken’s product lead, Brian Hoffman, has hinted at the plan to list the leading meme token Shiba Inu (SHIB) on the top cryptocurrency exchange.

In a tweet a few hours ago, Hoffman said he was feeling good about the upcoming week, captioning a GIF that depicts a Shiba Inu dog typing on a laptop.

Read Also: Shiba Inu Tokens Burned by Ethereum’s Vitalik Buterin Five Months Ago Would Now be worth $27.8 Billion

Kraken initially announced its intention to list the experimental token on 2nd November 2021 in a viral tweet. Howbeit, the exchange failed to act as promised.

“We simply said there’s more work for us to do as we move through our listing review process – which is very thorough. Community engagement is only one part of that process.”

Read Also: Shiba Inu Now Bigger Than Nissan and LG Electronics as Petition for Robinhood Listing Gets Over 326,000 Signatures

Back then, Shiba Inu community accused the exchange of using the popularity of the coin to boost its engagement. However, it seems the trading platform is finally ready to go ahead with the listing, giving the SHIB Army reason to rejoice.

Gemini Lists Shiba Inu (SHIB)

Gemini has pleasantly surprised the Shiba Inu (SHIB) Army by announcing the listing of the token on its platform, among a slew of other tokens.

Gemini announced on 12th November 2021, that it was adding support for Shiba Inu (SHIB), Audius (AUDIO), Mask Network (MASK), Wrapped Centrifuge (wCFG), Quant (QNT), Radicle (RAD), Burn (ASH), SuperRare (RARE), Fetch AI (FET), and Numeraire (NMR) deposits and custody.

Read Also: Ethereum Whale Buys Additional 31 Billion Shiba Inu (SHIB)

Other tokens will also be supported, including new DeFi, metaverse, infrastructure, and data management tokens. Trading for these newly-listed tokens will open on API/FIX and ActiveTrader applications, followed by the Gemini Mobile App and website.


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Solomon Odunayo

Solomon is a trader, crypto enthusiast, and analyst with over four years of experience in the industry. He strongly believes that crypto assets and the blockchain will continue to gain prominence. At TimesTabloid.com, he focuses on news, articles with deep analysis of blockchain projects, and technical analysis of crypto trading pairs.

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