Shiba Inu Rises 25% After Listing On Kraken

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The American cryptocurrency exchange Kraken has announced the listing of the Shiba Inu “dog coin”. The platform began accepting deposits on November 29, and SHIB trading in pairs with USD and EUR will begin today, November 30.

Exchange Kraken reported on the listing of Shiba Inu on the evening of November 29th. Immediately after that, the SHIB rate began to rise and by the morning of November 30 reached $ 0.000051. At the time of publication, the price has slightly rolled back and now the token is trading at $ 0.000048.

The minimum deposit in Shiba Inu on the Kraken exchange is 373,000 SHIB ($ 16), and the minimum transaction amount is 50,000 SHIB ($ 2). In the future, users will also have access to margin trading and futures on the “dog token”

As noted by the managing director of the Australian division of Kraken, Jonathon Miller, the exchange is adding popular projects to its platform that are interesting to clients. At the same time, the management does not seek to add all existing coins and tokens to the platform:

“I would not describe Kraken as a marketplace where all cryptocurrencies are available. This is not the reputation we are striving for. ”

Interestingly, on the morning of November 30, one of the largest cryptocurrency investors bought 24.8 trillion SHIB tokens. The purchase amount exceeded $ 1 million. It seems that the “whale” is confident in the bright future of the “dog token”.

Recently, the Shiba Inu team warned investors that scammers are actively using new schemes to defraud the community. The developers reminded that investors should avoid any disclosure of wallet keys and account data, as well as subscribing to fake social media accounts.

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