Despite promise, still no Shiba Inu available on crypto exchange Kraken; SHIB fans furious

By | November 3, 2021

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.

shib kraken

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.

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.

#SHIBArmy

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.

Leave a Reply

Your email address will not be published.