Shiba Inu Massive News Update – 11132021
At the time of this writing, 11/13/2021, massive breakout news for Shiba Inu ($SHIB) is circulating. While not confirmed, the news has also significantly passed the ‘rumored’ stage. So look for an official announcement soon.
Before I get into the massive listing update, let’s take a quick look at where $SHIB is currently sitting.
Shiba Inu is sitting 11th in total marketcap at just under $28.5b. For those wondering if $SHIB can hit $.01, $.10, or even a $1, all 3 are unlikely in the near term. However, $SHIB can triple from its current price and still not even crack the top 3 cryptos in marketcap, so upside to $.00015 is possible. And with its strong meme following and social engagement, all it would take is some strong news to get the pump going.
A quick note. This article is not meant to be financial advice and I (the author) and we (UnderstandingCrypto.info) are not financial advisors. This is for informational and entertainment purposes only. Additionally, the info below is rumored news, and may or may not come to fruition. Lastly, at the time of writing I do hold $SHIB.
With that out of the way, what is the news? Well, as you likely know, both Robinhood and Kraken have toyed with the #SHIBarmy with listing the crypto on their platforms. At the time of this writing, neither platform has.
And that’s OK!
Another major platform may be listing $SHIB in the very near future. As seen on the Reddit Sub r/shib as posted by u/JoeSmashLife, we get this screenshot:
So what is that? Supposedly it is a screenshot of Shiba Inu within the Gemini Exchange platform. If you aren’t aware, Gemini is a crypto exchange regulated by New York state and was founded by the Winklevoss brothers. Why is that important? Because Coinbase recently was able to open up $SHIB to their New York users just a couple of weeks ago.
If Gemini official makes $SHIB available, not only would it be a massive boon for the coin, but at some point the other major exchanges would have to seriously consider listing it as well.
Want to read more? Check out the Reddit link for yourself and join the conversation: https://www.reddit.com/r/shib/comments/qsw6he/gemini_listing_shiba_soon/
Helpful Information
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