Shina is a dog.
AP Photo/Shizuo Kambayashi
The shiba inu coin is being listed by Kraken, nearly a month after the exchange failed to follow through on a tease.
At the end of November, trading will allow order entry and execution, according to a post on Monday.
The coin can be traded against the US dollar and the euro with a minimum of 50,000 shiba inu.
The exchange said in the post that it will have a price precision of 8 and a quantity precision of 5.
Insider has yet to hear from Kraken.
The move does not come as a complete surprise, especially after the San Francisco-based exchange teased on November 1 about the possibility of listing the ethereum-based asset.
The official account of the company said that if the account gets 2,000 likes, it will list the coin the next day. "Where are you?" it asked.
Insider previously reported that the post easily hit that target within minutes of posting. The post got almost 60,000 likes the next day.
Despite this, the coin was not listed by Kraken in a thread. "There's more work to be done as we move through our listing review process," the exchange said.
The shiba inu community was not happy. The exchange made a pledge that it did not intend to honor, and some questioned why.
A surge in demand for the new coin coincides with the growing roster of exchanges listing it.
The shiba inu was listed earlier this month. The dogecoin killer was listed on the largest exchange in the US. In May and July, shiba inu was listed by eToro.
Robinhood says it is taking a more cautious approach.
The shiba inu has become the 12th largest shiba inu by market valuation after being created only in August 2020. It has gained almost 54,310,000% over the course of the year, compared with a rise of 100% in bitcoin.
Business Insider has an original article.
