Kraken exchange finally listed Shiba inu meme token

After a long delay, the Kraken exchange announced to add support for the Dogecoin rival Shiba inu token. 

Kraken is the 8th biggest crypto exchange of the crypto market in terms of trading volume and popularly it is known as a global crypto exchange. Recently Kraken’s exchange hinted to list Shiba inu coins but people were expecting that Kraken may not list. 

On 29 November, the Kraken exchange announced through Twitter that trading for Shiba inu meme token will be live from 30th November. 

New Listing on Kraken: @Shibtoken $SHIB deposits begin NOW! Trading is live November 30.

Learn more: https://t.co/yUUKaBXKBq pic.twitter.com/L2IUHugyG0

— Kraken Exchange (@krakenfx) November 29, 2021

This listing of Kraken is going to be one of the best decisions in terms of crypto business because already the Shiba inu community was willing to see Shiba inu on the Kraken exchange. 

After the announcement, the announcement tweet got 17.5kretweets and 44.3k likes, which is a big number over the usual tweets of the Kraken exchange. 

U-turn of Kraken on Shiba inu 

At the very beginning of this month, the Kraken exchange challenged the Shiba inu community to give 2000 likes within 24 hours, but the Shiba inu community completed that target within a few hours. But later, the Kraken exchange openly said that they are not going to list the Shiba token because there are many things needed to list a new token. 

But later, Kraken exchange hinted through a Twitter post that they are working on the procedures to list Shiba inu coin but it was just assumptions by the Shiba inu community because Kraken exchange didn’t wrote anything about the listing. They only posted a Shiba inu pet. 

Shiba inu getting the support of services, not price

At the present time, Shiba Inu’s price is 26% low over the last 30 days. And in this situation, the price of Shiba is measurable, because it is getting huge support from the crypto services but not buy support. 

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. 

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