Shiba Inu, Chiliz, Keep Network Soar After Being Added to Coinbase Pro
Coinbase added SHIB little more than a month after that coin's creation, in marked contrast to its addition of dogecoin.
Updated Aug 21, 2021 at 7:13 p.m. UTC
- In response to the additions, which mean millions more people can trade the tokens, the price of SHIB, Shiba Inu's token, is up more than 31% over the last 24 hours, while the price of CHZ, the token of Chiliz, is up 18.3% over the last 24 hours. Keep Network's token, KEEP, is up 14%.
- Coinbase added SHIB little more than a month after that coin's creation, in marked contrast to its addition of dogecoin, which seemed to take doge years. This reflects a sea change in the approach of the exchange, a change announced at the time of its addition of dogecoin on June 1.
- The revised policy came a month and a half after the crypto exchange went public on Nasdaq under the ticker COIN. Coinbase's stock is now significantly below its initial trading price.