Thursday, January 20, 2022
Home Crypto News Market Shiba Inu Price Skyrockets as Newegg And Kraken Added Support For SHIB

Shiba Inu Price Skyrockets as Newegg And Kraken Added Support For SHIB

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Shiba Inu (SHIB), a Japanese dog breed inspired token, price is skyrocketing right now with 35.88% gains for the day as major online retail giant Newegg Commerce Inc. officially confirmed that it will accept Shiba Inu via Tweet.


Newegg currently accepts 11 cryptocurrencies, including Bitcoin, Dogecoin, and Shiba Inu.

The internet retailer started to accept Bitcoin (BTC) as a payment option in 2014. In April of this year, it also add support to Dogecoin. (DOGE).

 

The other news responsible for this surge in price is Kraken.

Kraken added Shiba Inu (SHIB) to its trading platform saying:

“$SHIB deposits begin NOW! Trading is live November 30.”

 

Kraken is a United States-based cryptocurrency exchange and bank, founded in 2011. The exchange provides trading between cryptocurrency and fiat currencies and provides price information to Bloomberg Terminal.

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Zabi
Zabi is crypto enthusiastic with more than 10 years of experience in managing Google News-approved Finance websites. Zabi has a strong background in finance with a thorough understanding of cryptos and a solid grip on the crypto and financial market industry. Along with his passion for crypto writing, Zabi manages his personal stock and finance-related Google News-approved websites.

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