$108,985.00
0.54%$2,558.72
0.69%$2.35
0.59%$674.64
1.27%$176.67
0.07%$0.999805
0.00%$0.228725
-1.73%$0.760076
-1.74%$0.271639
2.24%$2,558.13
0.45%$108,688.00
0.56%$3.66
0.23%$34.71
-0.65%$3,077.87
0.53%$15.76
-1.75%$23.21
-3.57%$0.289946
-0.05%$0.00001446
-2.05%$428.41
-0.32%$8.81
0.31%$0.190822
-2.68%$3.00
-0.46%$400.52
2.58%$97.13
0.35%$2,556.19
0.25%$4.61
-1.68%$0.999821
0.02%$5.48
0.06%$2,727.68
0.38%$1.00
-0.63%$0.00001401
-4.02%$0.771266
2.86%$1.00
0.17%$31.78
-0.45%$108,723.00
0.13%$264.34
8.29%$435.67
-1.66%$6.23
2.15%$2.83
-2.20%$5.40
-2.88%$212.76
0.43%$52.29
0.49%$0.957625
-0.40%$1.00
0.00%$0.096806
0.58%$0.110033
0.29%$18.64
-0.66%$5.29
-2.53%$33.84
-2.92%$1.17
0.08%$21.41
-0.09%$12.93
-3.39%$4.80
-2.51%$0.737477
0.25%$0.02817717
-2.81%$0.869938
-2.83%$1.48
1.22%$0.376175
-5.19%$4.80
-5.21%$1.00
0.13%$0.23753
-1.28%$108,425.00
0.76%$0.227416
-1.75%$1.052
-0.01%$0.397551
-1.63%$2.87
-2.00%$4.42
0.48%$0.0000218
-2.75%$2.58
-8.09%$0.997914
0.51%$0.565919
-3.29%$4.65
0.04%$2,556.86
-0.06%$185.91
-3.57%$0.47851
-5.13%$1.47
-4.73%$11.45
0.38%$97.83
3.26%$0.911488
-2.67%$13.75
2.75%$0.76327
-0.61%$1.99
-2.52%$2,668.10
0.37%$1.25
0.08%$0.01885898
-0.30%$0.229073
-2.33%$2,901.98
0.46%$0.650541
-2.77%$0.998745
-0.22%$4.17
-6.37%$1.12
-2.09%$0.736889
-2.01%$108,893.00
0.57%$0.069712
-0.69%$0.786419
-0.58%$0.110181
-3.31%$1,666.17
0.70%$0.00010179
-3.15%$228.86
-0.21%$2,727.04
0.56%$3.22
-2.00%$196.34
-0.13%$0.999358
0.00%$0.999926
-0.60%$108,503.00
0.19%$0.876951
-4.35%$0.0180183
-1.06%$0.01924076
-2.37%$2,679.80
0.55%$109,323.00
1.47%$675.01
0.91%$0.01328861
-0.14%$1.00
0.04%$0.890339
0.43%$3,360.44
0.32%$0.817629
0.17%$3,362.90
0.20%$0.210774
-3.54%$2,672.39
0.67%$0.866987
-3.08%$0.13519
-1.04%$47.46
-0.04%$0.31081
-2.46%$2.36
-0.91%$22.53
0.39%$4.07
0.07%$37.23
-0.51%$0.553649
-1.51%$4.44
0.70%$0.00000073
-1.21%$12.33
-1.19%$108,132.00
0.61%$0.116871
-0.80%$0.068288
-2.06%$2.03
-1.57%$1.91
-3.50%$0.999817
0.01%$0.629862
-0.17%$0.40746
-2.32%$2.33
1.35%$111.17
0.02%$0.997769
0.01%$0.01877143
-2.82%$2.04
-0.25%$0.315825
-1.18%$0.228639
-2.16%$1.083
-0.23%$2,558.50
0.84%$2,557.23
0.65%$108,992.00
0.58%$0.53981
-1.36%$2,727.41
0.58%$2,603.37
-1.34%$0.650715
-2.44%$0.436777
0.35%$18.10
-2.52%$0.00879422
-1.58%$0.612535
-5.66%$2,554.51
0.27%$0.641868
-3.69%$0.00497948
1.28%$0.998168
-0.25%$108,674.00
0.47%$0.158212
-4.80%$0.499609
-6.88%$7.30
-2.83%$0.185751
0.07%$1.94
-1.19%$0.00000119
-6.45%$2.88
-2.13%$6.58
-0.61%$105,580.00
2.14%$0.099686
-3.69%$0.090346
-2.60%$0.182147
0.14%$0.0501
2.93%$0.418181
0.71%$0.9998
0.01%$0.00491133
0.04%$0.419626
13.30%$0.00002269
-1.34%$0.678975
-1.99%$0.061926
-2.61%$1.46
-0.34%$34.81
-0.15%$0.00000044
0.60%$0.164678
-2.01%$1.10
-0.07%$0.0443726
-0.65%$1.54
-1.59%$1.55
-3.07%$1.095
-0.01%$37.22
-1.03%$0.00779742
-2.72%$0.99409
-0.83%$1.25
-3.17%$2,556.82
0.93%$0.999781
-0.52%$0.163461
-4.60%$0.00465824
-0.93%$0.404954
1.85%$42.84
0.13%$1.001
0.17%$2,711.05
0.83%$34.79
-0.17%$0.00543444
0.17%$0.01944343
1.25%$107,705.00
1.42%$3.07
-2.23%$0.814257
-2.67%$0.237899
-1.84%$0.03643318
-0.89%$0.00404755
-9.42%$1.00
-0.02%$108,656.00
0.51%$134.81
-0.96%$2,815.44
0.66%$0.844763
0.14%$0.350837
1.87%$0.363689
-2.98%$2,783.86
0.14%$0.00006183
-2.32%$0.297464
-6.62%$0.999642
-0.57%$0.00000159
-1.61%$2,557.18
0.66%$23.31
-3.75%$0.22772
-0.78%$19.27
-0.50%$0.999586
-0.01%$0.254883
-0.90%$0.695984
0.44%$0.999796
-0.00%$2,551.28
0.57%$2,762.42
0.67%$18.45
-2.09%$0.524681
-3.52%$2.71
-2.16%$0.00069902
-1.93%$0.731471
8.53%$191.54
0.38%$23.57
-1.32%$197.44
-0.13%$0.675288
-5.77%$0.00
-1.83%$2,184.35
0.27%$3.42
-0.91%$0.999817
0.02%Reading
Shiba Inu (SHIB), a popular meme coin and Dogecoin competitor, has soared to an intraday high above $0.00005097 on Tuesday morning, marking an increase of 31.4% in the last day.
For Shiba Inu, this is the highest level since November 19, when the token traded above $0.00005100 before plummeting to $0.00003660 a week later, according to data from CoinGecko.
Launched in August 2020, SHIB is an Ethereum-based token created by a pseudonymous developer nicknamed Ryoshi. The meme coin garnered plenty of attention in recent months—in no small part due to the indirect involvement of Vitalik Buterin, a co-founder of Ethereum.
With a current market cap of $26.8 billion, Shiba Inu has also flipped Avalanche (AVAX) to become the 11th-largest cryptocurrency on the market. On several occasions in recent weeks, SHIB has topped DOGE in terms of total market cap on CoinGecko’s overall ranking.
One possible reason for SHIB’s latest price action was Kraken, America’s second-largest crypto exchange in terms of trading volume, announcing support for the coin on Monday.
Per a blog post, deposits for the “Dogecoin killer” are now live, with trading expected to begin on Tuesday between 10 am and 12 pm EST.
The exchange also clarified that SHIB will be tradeable against the euro and the U.S. dollar with a minimum of 50,000 SHIB, or $2.5, required to open an order.
New Listing on Kraken: @Shibtoken 🐶$SHIB deposits begin NOW! Trading is live November 30.
➡️ Learn more: https://t.co/yUUKaBXKBq pic.twitter.com/L2IUHugyG0
— Kraken Exchange (@krakenfx) November 29, 2021
Shortly after the announcement, an anonymous crypto whale going under the alias of Gimli increased their SHIB holdings by an additional 24.8 billion tokens worth over $1 million at the time of the purchase.
As data from Whalestats shows, Gimli currently owns over $59 million in SHIB.
Kraken is the latest U.S.-based digital asset exchange to list SHIB in recent months. The coin launched on Coinbase in mid-September, with Gemini following suit earlier this month.
On November 1, Shiba Inu became available on Binance, currently the world’s largest crypto exchange.
Popular meme token and leading Dogecoin (DOGE) challenger Shiba Inu (SHIB) may be down from the peak of its meteoric recent rise in value, but the 11th largest cryptocurrency by market cap is still spreading. And now you can buy and sell it on Gemini, the New York-based crypto exchange founded by Cameron and Tyler Winklevoss. Today, the cryptocurrency exchange announced that it has enabled SHIB trading on its platform alongside a number of other coins and tokens. Other notable additions include...
The meme coin also saw several important integrations in recent weeks.
Earlier this month, crypto payments service CoinGate announced the official integration of Shiba Inu, allowing users, merchants, traders, and gift card shoppers to accept, buy, trade, or spend the token.
More positive news for SHIB came on Monday when Newegg, a California-based tech e-retailer, said it would accept the token as a means of payment on its platform in early December.
Disclaimer
The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.
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