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Shibu Inu, Chiliz, Keep Network Soar After Being Added to Coinbase Pro - CoinDesk

source-logo  coindesk.com 15 June 2021 16:22, UTC

The token prices of dogecoin rival Shibu Inu, fan token platform Chiliz, and Keep Network a platform than aims to bridge public blockchains and private data, are soaring after leading crypto exchange Coinbase announced it’s adding them to its professional platform.

  • Effective today, Coinbase Pro users can transfer their CHZ, KEEP, and SHIB into their accounts. Trading will begin on or after 9 a.m. Pacific time. CHZ and SHIB won't be available to New York residents.
  • In response to the additions, which means 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 seachange 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. COIN is currently trading significantly below its initial trading price.
Read more: Coinbase Adds Polkadot Trading to Pro Platform
coindesk.com