Crypto Exchange Kraken to List Shiba Inu after an overwhelming show of support from investors

By: Charles Thuo
Charles Thuo
Charles loves traveling, reading, and sharing his knowledge about blockchain technology. read more.
on Nov 3, 2021
  • Kraken posted a tweet requesting people to show support for it listing Shiba Inu.
  • Kraken had set a target of 2,000 likes for it to consider listing SHIB.
  • It only took about 20 minutes to hit the 2,000-likes target.

Kraken, which is one of the leading cryptocurrencies in the world, tweeted out its plan to list Shiba Inu (INU).

In its tweet, Kraken asked investors and show support for the move by liking the tweet.

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The exchange promised to list the meme-inspired Shiba Inu the tweet got over 2,000 likes.

2,000 likes were reached in record 20 minutes

The target 2,000 likes that Kraken had requested only took about 20 minutes to be reached.

At the time of writing, the post had already received more than 73K likes, prompting Kraken to promise to initialize the listing review process.

Besides the likes, the tweet had been shared (retweeted) over 17K times showing how strong the support for the idea to list the SHIB token on Kraken is.

After the overwhelming show of support from the Shiba Inu community in reply to Kraken’s tweet, Kraken made another tweet acknowledging the Shiba Inu community (#SHIBArmy) noting that community support is an important aspect when Kraken is listing coins.

Shiba Inu supporters fight to have it listed on Robinhood

There has been a similar push by the Shiba Inu community as they try to pressure Robinhood to list the meme-coin.

The community embarked on a petition to collect signatures in support of a push titled “Kindly request of Robinhood to list Shiba Inu coin.”

The petition has already surpassed its target of 300,000 signatures and it is now at more than 470,000 signatures.

Following the developments, the crypto community is waiting to see if Robinhood, which already lists Dogecoin (DOGE), will bow the pressure and list Shiba Inu (SHIB).

Dogecoin is a close competitor of Shiba Inu and has been leading the latter in the past though Shiba Inu recently overtook Dogecoin in terms of market capitalization. Sometime last month, Shiba Inu also temporarily overtook Bitcoin and Dogecoin in terms of social media popularity.

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