Shiba Inu ($SHIB) to be Listed on Kraken After Investors Show Massive Support

<p>Kraken, a popular cryptocurrency exchange, announced its intention to list the meme-inspired cryptocurrency Shiba Inu ($SHIB) and invited investors to indicate their interest in the cryptocurrency trading on its platform via social media.</p> <p>After Kraken solicited support for the Shiba Inu on Twitter, implying that Kraken product lead Brian Hoffman would only introduce SHIB to the platform, If the tweet inquiring about it received more than 2,000 likes, the so-called SHIBArmy rallied to its defence.</p> <p>The 2,000-like goal was met in less than 20 minutes, with Kraken's tweet garnering more than 62,000 likes at press time. The tweet was retweeted over 15,000 times, demonstrating the overwhelming support for the listing.</p> <p>On the microblogging site, Shiba Inu advocates asked people to "make some noise" in support of the Kraken listing, welcoming newbies to the space and predicting the cryptocurrency's price will continue to rise.</p> <p>As CryptoGlobe previously reported, cryptocurrency advocates have also fought for the coin's inclusion on commission-free trading site Robinhood (HOOD). They request that the site offer the cryptocurrency via a petition with over 470,000 signatures titled "Kindly request of Robinhood to list Shiba Inu coin."</p> <p>Not everyone is a fan of SHIB, which has seen remarkable price growth thus far this year, to the point where an investor who staked $8,000 in August 2020, purchasing 70 trillion SHIB with his first investment, held nearly $5.7 billion in the cryptocurrency at one time.</p> <p>It has surpassed Bitcoin as the third most-Googled cryptocurrency so far this year. According to a survey, Shiba Inu has received an average of 2.8 million monthly searches this year, whereas bitcoin has received an average of 22 million monthly searches. Ethereum came in second position, with an average of 6.3 million monthly searches.</p> <p>Edward Snowden, a well-known American whistleblower, has warned investors against Bitcoin, claiming it is more of a gamble than an invest