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Author Topic: Dogecoin Killer Shiba Inu Listed by Kraken exchange.  (Read 191 times)
TimeTeller
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November 30, 2021, 10:25:59 PM
 #21


I'd just think that Shiba Inu has a better future among the meme coins. I don't agree it was a Dogecoin killer as they don't have the same purpose and market rule, although they are both meme coins at least, we see them in a reason, unlike the others that are totally worthless and have no market use case.
As this project continues to grow, the more it becomes welcome to huge and known exchanges. And to have this is already considered as a great achievement of the team. And only I hope is that they will able to sustain this.

But what is the use case again of SHIB?
I may be missing something here because I don't know any use case of SHIB, to be honest.
But doge, we know it has been used for transfer purposes and gambling.
But with SHIB, I don't know any use case of this meme token.
Just like Binance, Kraken listed SHIB because of the demand not because of the use case.
Once this hype is over, what's next for SHIB?
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November 30, 2021, 10:28:24 PM
 #22

This coin also got a huge potential because not just with Kraken exchange but it's also listed at other popular exchanges like binance.
Listing on new exchange would help Shiba got good volume and helps to increase the value of it. Price depends on demand and it a good factor in order to have a very profitable asset, so it's not impossible that we would embrace such an amazing outcome for our holdings.


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November 30, 2021, 10:28:52 PM
 #23


I'd just think that Shiba Inu has a better future among the meme coins. I don't agree it was a Dogecoin killer as they don't have the same purpose and market rule, although they are both meme coins at least, we see them in a reason, unlike the others that are totally worthless and have no market use case.
As this project continues to grow, the more it becomes welcome to huge and known exchanges. And to have this is already considered as a great achievement of the team. And only I hope is that they will able to sustain this.

But what is the use case again of SHIB?
I may be missing something here because I don't know any use case of SHIB, to be honest.
But doge, we know it has been used for transfer purposes and gambling.
But with SHIB, I don't know any use case of this meme token.
Just like Binance, Kraken listed SHIB because of the demand not because of the use case.
Once this hype is over, what's next for SHIB?
All things were driven by hype which it isnt surprising that platforms would  really be considering on putting up SHIb for some liquidation or volume matters which it isnt surprising.

Setting aside about real use case then i dont know on whats behind those  SHIB adoption or recognition yet i dont see
when it comes to real use case.

So be careful when dealing with this in case you do invest.
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November 30, 2021, 10:53:10 PM
 #24

Cryptocurrency exchange Kraken has finally added support for the Shiba Inu cryptocurrency after almost a month of anticipation.
The San Francisco-based trading platform has already opened deposits for the canine token. The minimum deposit is 373,000 SHIB.

Trading will go live on Tuesday. Kraken users will be able to purchase and trade SHIB with dollars and euros.

As reported by U.Today, Kraken announced that it would list Shiba Inu in early November, but it then started kicking the can down the road on the listing to the chagrin of the Shiba Inu community.

What do you think about this..? 

Source Link: https://u.today/dogecoin-killer-shiba-inu-listed-by-kraken

So that was the reason of the pump happened last night. A pull back happened just after it. Nonetheless, Shiba Inu is not just a memecoin these days. It is now a DeFi coin along with its other ecosystem coins which is Bone Shibaswap and Leash. Shiba inu however for me is a very risky investment. It relies on hype and now is overvalued. Beware.
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November 30, 2021, 11:14:55 PM
 #25

Often we were able to see some updates about Shiba Inu on the cryptocurrency news. This happens as a result of growth and high visibility. Though it got into the market as a memecoin, now it has been gaining attention of the large holders. Particularly millionaires are investing into Shiba. The market that was experiencing massive fall have re-bounce. This is all because of the regular update and support it has been gaining. Kraken one among the well known cryptocurrency listing Shibu adds value to it. In such a way more growth can happen with Shiba in the coming years than any other memecoins.

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December 01, 2021, 12:57:34 AM
 #26

I was also surprised by their decision. as far as I know Kraken only selects good quality and proven projects. but their decision this time is very contradictory, they are listing the shiba inu which is a coin meme with millions of speculations.
Actually Kraken is also not wrong by including Shiba Inu on their list even though it is only a token meme, what is clear is that it is a worthy thing for them to do and basically the Kraken will also benefit like listing other tokens in the past

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December 01, 2021, 01:34:58 AM
 #27

It is there already listed for trading in Kraken, so what is left to discuss here?

There was a delay and the large Shiba Inu community were raising all their disappointments but now that the listing has been up despite of the delay, the community should now be grateful to Kraken and begin to make the Shib pairs active enough.

The Shiba Inu community should be reminded that without the hype that they simply pick up from the Dogecoin hype, they would be nothing today.
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December 01, 2021, 02:08:05 AM
 #28

I was also surprised by their decision. as far as I know Kraken only selects good quality and proven projects. but their decision this time is very contradictory, they are listing the shiba inu which is a coin meme with millions of speculations.
Actually Kraken is also not wrong by including Shiba Inu on their list even though it is only a token meme, what is clear is that it is a worthy thing for them to do and basically the Kraken will also benefit like listing other tokens in the past

The exchanges is not care about the use case of the coins or how the coins was made for, as long as the coins has decent trading volume, the exchanges would happily list it because it will make profits from big trading tax.
If one day the token / coins is no longer hype, they will just delisting the coin just simply as that, so we could not judge a coin is good or no for a long time hold just by which exchanges list the coin because the exchanges are just finding a coin with a potential big trading volume at that time.
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December 01, 2021, 02:44:20 AM
 #29

after listing on binance u would easily found token on differenc centralized exchange, i dont know for what reason binance listing shiba inu one of reason because its memecoin and vitalik notice it. but the point is i think shiba wont stop on kraken  Grin Grin there might soon on many top centralized exchange

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December 01, 2021, 04:30:15 AM
 #30

Although I am not a fan of meme coins and I think it is Shitcoin, but it must be admitted that shiba is gaining quite a lot of popularity, there are many fans of this coin as it is now ranked 12 in the market, and it has been listed on the world’s largest exchanges such as Binance, Huobi, Coinbase, kucoin and now Kraken, I don't know yet the secret behind the spread of Shiba in such a striking way in a short period of time, but my personal opinion is Shiba and all meme coins are a bubble that will end soon.

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December 01, 2021, 04:36:26 AM
 #31

after listing on binance u would easily found token on differenc centralized exchange, i dont know for what reason binance listing shiba inu one of reason because its memecoin and vitalik notice it. but the point is i think shiba wont stop on kraken  Grin Grin there might soon on many top centralized exchange

It has a strong blind community that willing to buy at any price without doing research about the project. And this is what CZ is looking for, An easy profit from huge transaction volume from hype and FOMO people that want to ride the pump. Kraken is a low tier exchange compared to Binance but it is regulated and has a good volume so it can be easy for Shib to list there since Shib token is already listed on most of top tier exchange so this news is not surprising at all.

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December 01, 2021, 05:12:30 AM
 #32

Could Kraken listing news be the reason behind yesterday’s Shiba pump, because I haven’t seen any Ellon tweets lately, or there is some underground activity?
I am kind of disappointed with Kraken. They usually list only good projects but it looks like they are also affected by greed and seeking for more trading fees.

The recent increase in SHIB Prices is due to the Hype of the game they will launch, I saw the information on their official twitter account https://mobile.twitter.com/Shibtoken/status/1464355311003713544
There are many surprises that I can see, because SHIB already has fundamentals that are slowly building up

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December 01, 2021, 09:03:35 AM
 #33

But there is one good thing about them I think. Like this dogecoinkiller shiba, and every coin with shiba in its name. And that is it affects Shiba Inu

You mean that any other altcoin that has "Inu" or "Shib" in its name works as an instrument to increase popularity and price of Shiba Inu? This is yes and not simultaneously to me. Yes - this makes people to remember Shiba Inu, this stimulates to think that there is also a SHIB on the market. No - because this is a competitor on a market. Every new alt with Shib or Inu in its name drags attention, funds, community from Shib Inu. No - lets check coinmarketcap for Bitcoin name. Bitcoin prime, Bitcoin Gold, Bitcoin SV and about 100 "bitcoins" more. All they are crap to me, and they dont affect on a positive side on Bitcoin. Same thoughts are with Shiba Inu imitators.

R


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December 01, 2021, 05:48:46 PM
 #34

after listing on binance u would easily found token on differenc centralized exchange, i dont know for what reason binance listing shiba inu one of reason because its memecoin and vitalik notice it. but the point is i think shiba wont stop on kraken  Grin Grin there might soon on many top centralized exchange

It has a strong blind community that willing to buy at any price without doing research about the project. And this is what CZ is looking for, An easy profit from huge transaction volume from hype and FOMO people that want to ride the pump. Kraken is a low tier exchange compared to Binance but it is regulated and has a good volume so it can be easy for Shib to list there since Shib token is already listed on most of top tier exchange so this news is not surprising at all.

It is precisely the blind community that often creates a commotion in the market unexpectedly and makes massive movements without being aware of it beforehand. Whether CZ likes hype or not, what is clear is that if you are registered on Binance, it is enough to support that the Shiba Inu community will easily exert a lot of influence, especially when it comes to spreading the hype.

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December 02, 2021, 05:17:29 AM
 #35

after listing on binance u would easily found token on differenc centralized exchange, i dont know for what reason binance listing shiba inu one of reason because its memecoin and vitalik notice it. but the point is i think shiba wont stop on kraken  Grin Grin there might soon on many top centralized exchange

It has a strong blind community that willing to buy at any price without doing research about the project. And this is what CZ is looking for, An easy profit from huge transaction volume from hype and FOMO people that want to ride the pump. Kraken is a low tier exchange compared to Binance but it is regulated and has a good volume so it can be easy for Shib to list there since Shib token is already listed on most of top tier exchange so this news is not surprising at all.

It is precisely the blind community that often creates a commotion in the market unexpectedly and makes massive movements without being aware of it beforehand. Whether CZ likes hype or not, what is clear is that if you are registered on Binance, it is enough to support that the Shiba Inu community will easily exert a lot of influence, especially when it comes to spreading the hype.

Yeah dude. Shiba supporters thinks all about moon and Lambo that's why they are focus on shilling and hyping this shit without doing research. As far as I know, If a token can pay listing fee. Even the shittiest token can be list on Binance even though they are claiming that listing is free. At the end of the day. CZ only wants profit and don't care what shit he is listing on his exchange. He is only following the money flow.

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December 02, 2021, 06:15:50 AM
 #36

let's see what will happen in the future. looks like the current Shiba inu is slowly gaining quite a bit of support. kraken is one of the pretty big exchanges, I don't think they want to miss out on this hype. besides, the development of the Shiba inu also seems to be expanding. however, this might be a consideration for having some Shiba inu for the future. but, for now, it doesn't look like Shiba is getting too excited about it. we have to slowly understand this, and don't easily move based on the news.

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December 02, 2021, 08:24:13 AM
 #37

Yeah dude. Shiba supporters thinks all about moon and Lambo that's why they are focus on shilling and hyping this shit without doing research. As far as I know, If a token can pay listing fee. Even the shittiest token can be list on Binance even though they are claiming that listing is free. At the end of the day. CZ only wants profit and don't care what shit he is listing on his exchange. He is only following the money flow.

But the listing fee must super huge right  Grin since binance number 1 exchange in the world. But i do aggree with shilling back month ago there's dozen shitcoin popout in twitter and tiktok including 'safemoon' especially after elon regulary shilling crypto  Grin

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