Shiba Inu To Get Listed on Kraken Next After Gemini, Can it Help $SHIB Break Key Resistance?

Kraken crypto exchange is once again hinting at a possible Shiba Inu ($SHIB) listing this week after tweeting about the same at the start of this month. Kraken’s lead Product Manager Brian Hoffman tweeted a Shiba Inu Gif with the heading “feeling good about this upcoming week.”

https://twitter.com/brianchoffman/status/1460046676949929992?s=20

Kraken crypto exchange’s official tweet on November 2 said that if that particular tweet gets over 2,000 likes the exchange would list Shiba Inu the next day. While the post got over 80K likes, there was no response from the platform for a couple of days, making many believe it was just a PR stunt. However, a couple of days later the crypto platform in a reply to the original tweet said that they have heard the $SHIB community and they have started the listing review process.

🐙♥️🐶 #SHIBArmy we’ve heard you loud & clear!

Community is an important part of our considerations for all listings, and you have clearly shown your support.

There’s more work for us to do as we move through our listing review process.

— Kraken Exchange (@krakenfx) November 2, 2021

Kraken’s $SHIB listing hint comes just a couple of days after another major US crypto exchange Gemini listed Shiba Inu in a surprise move. The crypto platform listed Shiba Inu along with several other tokens. Apart from these, major crypto exchanges Binance and Coinbase also added new trading pairs of $SHIB amid heightened demand.

Can Shiba Inu Pull Another October Like Rally?

Shiba Inu surged nearly 1000% in October hitting a new all-time-high (ATH) of $0.000089, before retracing to sub $0.00005 levels. $SHIB has been consolidating below the $0.000055 mark for nearly two weeks now. The Key resistance for the altcoin lies at the $0.00006 mark but before breaching that, the altcoin needs to solidify its position above $0.000055, breaching which it can again retest ATHs The altcoin is currently trading at $0.00005262 with little to no gains over the past 24-hours.

Many believe the series of listing on major crypto exchanges could act as the possible catalyst for $SHIB to regain its bullish rally. While the $SHIB community was hoping for a Robinhood listing, but the trading platform has hinted they would not be listing the meme currency anytime soon. But, the surprise Gemini listing and a possible Kraken listing in the coming week has more than made up for Robinhood’s denial.

Recommended
Price Analysis

Best Crypto Presales To Invest In September 2025 – Top Upcoming Presale Tokens

Best Crypto AI Trading Bots In 2025

Top Meme Coins To Buy In September 2025

Prashant Jha

An engineering graduate, Prashant focuses on UK and Indian markets. As a crypto-journalist, his interests lie in blockchain technology adoption across emerging economies.

Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.

Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.