Shiba Inu (SHIB) gets listed on Gemini Exchange

Shiba Inu (SHIB/USD) started attracting attention last month, and this does not seem to be dying down. Last week, the Dogecoin(DOGE/USD) killer was listed in Gemini, one of the leading exchange platforms globally.

In an announcement issued on November 12, 2021, Gemini stated that it would support a wide range of cryptocurrencies, including Shiba Inu, Audius, Quant, Wrapped Centrifuge, Numeraire, Burn and more.

Gemini lists leading meme coin

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Besides supporting these new cryptocurrencies, the exchange stated that it would also list a wide range of other digital assets. These crypto assets include decentralized finance (DeFi), metaverse, data management tokens and metaverse. The new listing shows that Gemini is working on boosting client engagement with products that are rising in popularity and value.

Gemini noted that the trading for these newly-listed tokens will create API/FIC and ActiveTrader applications. Moreover, these offerings will also be available on the Gemini Mobile App and the website.

Gemini is one of the crypto exchange platforms that rank highly in terms of regulatory compliance. In May, this exchange listed Dogecoin, making it one of the exchange platforms that jumped into the meme coin hype.

Shiba Inu has already been listed on major exchanges such as Coinbase and Binance US, and this has been attributed to the rising number of wallet addresses that hold the coin. Last week, Shiba Inu was listed on one of the major retail-friendly apps in India.

Shiba Inu attracts attention from major exchanges

Gemini is not the only exchange that has listed Shiba Inu. The meme coin is also expected to list on Kraken this week. The lead product at the Kraken exchange tweeted an image of a Shiba Inu dog typing, stating that new things would be coming this week.

Earlier this month, Kraken has stated that it would list the meme coin, but it failed to do so. The Shiba army is waiting to see if the latest hint of listing will happen. On the other hand, the Robinhood listing is not happening as soon as SHIB supporters hoped. The exchange had earlier noted that listing Shiba Inu and any other tokens were determined by the long term gains of a token and not by the short term gains.