Shiba Inu to be listed on Kraken; SHIB promoted on New York City’s Times Square
It’s a brand new week! This means we are here to give you the latest updates and hottest news happening in the cryptoverse! We are thrilled to inform you of the highlight of this week as we are thrilled with the upcoming Great Migration that’s right around the corner!
Are you ready for it? Let’s go! Here are last week’s top headlines!
PRViously on Crypto, Kraken plans to list SHIB; Shiba Inu promoted on New York City’s Times Square
Shiba Inu (SHIB) on Track to Be Listed on Kraken
Kraken, a San Francisco-based cryptocurrency exchange, has made announcements on Twitter in an unorthodox way. Instead of formally announcing its Shiba Inu listing on its platform, it tweeted:
Brian Hoffman, Kraken’s product lead with a tweeter handle of @brianchoffman, challenged the Shiba Inu fans that Kraken will list Shiba Inu if the tweet gets 2000 likes. This, of course, is achievable, and as of writing, the tweet has already reached 33.4K likes, 31.4k like more than what is challenged.
Coinbase, the largest U.S. exchange, has listed Shiba Inu in mid-September and is considered the cause for its price rally. The “Dogecoin killer” was also gaining traction over other trading platforms. Recently, Binance has announced a trading pair would be added to its platform. Surprisingly, it is SHIB/DOGE. This would mean that many hodlers of Dogecoin could easily trade their DOGE to SHIB if they wanted to. This will also be available on November 2, 2021, the same day Kraken will list SHIB on its platform.
Despite a petition of over 450,000 signatures on Change.org, Robinhood is still declining the listing of Shiba Inu on its platform. Hodlers and enthusiasts are eager for Robinhood to list the “Dogecoin killer” as more platforms list the coin; there sure will be a price pump like when Binance lists Shib.
However, despite not being listed on Kraken and Robinhood, Shiba Inu still managed to hold onto ninth place based on market cap.
Also Read: 4 Great reasons why you should invest in PrivacySwap now
Massive Shiba Inu Billboard Appears in Times Square
Shiba Inu can now be seen in New York City’s Times Square‘s gigantic digital billboard where the display reads: “We will reach the moon soon,” referring to the widely used slang phrase in the cryptocurrency community.”
Shiba Inu was not the first meme coin to be promoted in one of the world’s busiest pedestrian areas. Earlier this year, Safemoon and Dogecoin also bought an ad space when they were at their respective peaks of popularity.
It costs $50,000 for a single Times Square billboard which only covers a one-day program.
On a related note, due to New York’s stringent regulations, it is still challenging for New Yorkers to buy it. Some community members even created a Change.org petition for them to be allowed to purchase the “Dogecoin killer” on Coinbase.
On related news, ‘Leaked System Code’ Imply Trillion-Dollar Tesla May Be Looking To Accept SHIB Payments.
Shiba Inu, has remained the talk of the market and has been considered the meme coin of the season since the rally kicked off in mid-October. This month, investors are optimistic as ever as new information has been surfacing hinting that Tesla, an electric vehicle giant, might have an eye on what was dubbed as the “Dogecoin killer.”
It has been discovered that Tesla‘s website back-end payment procession code placed ‘SHIBA,’ side by side with Bitcoin. While the code has not yet been open to the public, the code was seen under the “Apple pay” banner. Many hodlers, investors, and market players are now starting to believe that Tesla might be planning to make Shina Inu a payment method.
Watcher.Guru, a popular Crypto personality, is one of the few observers who shared in Twitter the screenshot above and added that although the code can be changed anytime, its legitimacy is confirmable at the moment.
“We can confirm Tesla has placed SHIB alongside Bitcoin into their website’s payment processing system code. It is not currently enabled to the public & could be scraped at any time.”
Also Read: What is NFT, and how can YOU earn from it?
