Crypto exchange Kraken tweeted on Tuesday that it will not list Shiba Inu (SHIB), despite promising fans that it will. Shiba Inu is up more than 360 percent in price in the past month, compared to a gain of about 11 percent for Dogecoin (DOGE), the original meme coin.
A listing on one of the largest crypto exchanges (or rather, the news that a listing is imminent), could push the price back to unprecedented heights.
Kraken went on to offer the meme coin when a tweet about it had garnered more than 2,000 likes. The tweet was sent out on Monday.
🐙♥️🐶 #SHIBArmy we’ve heard you loud & clear!
Community is an important part of our considerations for all listings, and you have clearly shown your support.
There’s more work for us to do as we move through our listing review process.
— Kraken Exchange (@krakenfx) November 2, 2021
Minutes after the pledge was tweeted, the goal had already been achieved. By Tuesday, the target had been surpassed by a large margin, with the tweet garnering nearly 60,000 likes.
The so-called #SHIBArmy, avid twitterers raving about the Shiba Inu dog prankster, already propelled the cryptocurrency to record highs of nearly $0.000090 last week before the inevitable correction.
But Kraken stated in a Twitter thread on Tuesday that it had decided not to list the coin (yet). “There is more work for us (…) as we go through our review process (for the listing),” the exchange said.
SHIB Fans Not happy
The SHIB community was not happy. Many users wondered why the exchange would make a promise they did not intend to keep, while others threatened to delete their Kraken accounts. Still others called on fans to be patient.
Don’t tweet false promises in future it really doesn’t give any investors confidence in your platform, you have lost me as lifetime customer now.
You stated Shiba would be listed today! — ShibaWarrior (@Rogersnith10) November 2, 2021
At the time of writing, SHIB was about 7 percent in the red. The currency was trading at $0.00006395.