Shiba Inu (SHIB) Soars as Top US Exchange Expands Trading Options

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Kraken Pro, a prominent U.S.-based cryptocurrency exchange, has announced the addition of new margin pairs, notably including Shiba Inu (SHIB).
SHIB, an Ethereum-based meme coin, will be available for margin trading against the U.S. dollar, with a maximum leverage of three and a cap of 1.5 billion SHIB for both long and short positions.
Shiba Inu has evolved into a full-fledged ecosystem, with its main token, SHIB, being accepted as a payment method across several major platforms.

Kraken Pro introduces new margin pairs, spotlighting Shiba Inu (SHIB). The meme-inspired cryptocurrency continues to evolve, gaining acceptance across major platforms.

Kraken Pro Adds Shiba Inu to Margin Trading

Kraken Pro, a major U.S.-based exchange, has unveiled its latest development: the addition of new margin pairs, with a spotlight on Shiba Inu (SHIB), the renowned meme-inspired cryptocurrency. SHIB will now be available for margin trading on Kraken Pro, paired against the U.S. dollar, with a maximum leverage set at three and a cap of 1.5 billion SHIB for long and short positions.

Shiba Inu’s Evolution

Described as an Ethereum-based meme coin inspired by Dogecoin, SHIB emerged in 2020 under the pseudonymous developer Ryoshi. The project was created as a response to a single question: What would happen if a cryptocurrency project was 100% run by its community? Four years later, Shiba Inu token stands as the 11th biggest asset on the crypto market, with a market capitalization of approximately $13.49 ... Read the full article for FREE at COINOTAG!