Same-corner Shiba Inu (SHIB) has won the hearts of many investors in recent times. The ‘dogecoin (DOGE) killer’ experienced an astronomical rise in price and the demand for SHIB was enormous. It even managed to become bigger than dogecoin and ended up in the top 10 largest cryptocurrencies.
After a period of euphoria, unfortunately bad weather came for the meme coin. As fast as the price shot up, so quickly it collapsed again. In just a week, the price of Shiba Inu plummeted by about 50%.
Gemini listing
Still, the fans of Shiba Inu were in good spirits. We had to wait for a new development that could cause another upward movement. It was therefore quickly hoped for quotations from SHIB on various crypto exchanges.
Made today Gemini, an American crypto exchange founded by the Winklevoss brothers, is known to have added Shiba Inu to its lineup alongside Quant (QNT), Fetch AI (FET) and Radicle (RAD).
Naturally, such a listing on a leading crypto exchange is well received by the ‘SHIB Army’, but so far no impressive price increase has been forthcoming.
Kraken and Robinhood
A bigger hit will make an eventual listing on Kraken or Robinhood. These were the main goals of the SHIB Army and intensive efforts were made on social media to convince these exchanges. Unfortunately for fans of Shiba Inu, both exchanges have not yet given the green light for a listing of SHIB.
Kraken made with well the promise to list SHIB, but for the time being proved unable to actually fulfill this promise. It will most likely be some time before SHIB will be available on Kraken.
Robinhood is also still hesitant to add Shiba Inu to the range. According to Robinhood’s COO, such a listing could bring some benefits in the short term, but wouldn’t be worth it in the long run.
Despite the fact that the listing of Gemini is a nice development for Shiba Inu investors, it seems that further listings on crypto exchanges will have to wait for a while.
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