Kraken Face Backlash From SHIBArmy For Failing To List The Meme Coin
One of the leading crypto exchanges, Kraken said on social media that it won’t be listing the meme coin Shiba Inu (SHIB) – at least not yet as it needs to work on how it will move through its listing review process.
Kraken tweeted a response to an earlier tweet that it heard the so-called SHIBArmy about their intentions to get the cryptocurrency listed on the exchange, and noted that while the community is an “important part of our considerations for all listings,” it won’t be listing it just yet.
Kraken tweeted on Monday about listing the shiba inu cryptocurrency (SHIB) on its platform. The company’s product lead, Brian Hoffman, said if the tweet gets 2K likes, Kraken will list shiba inu Tuesday.
It took 20 minutes to reach the 2,000. At the time of writing, the tweet has been liked 83.2K times and retweeted 20K times. SHIB supporters even urged others to “make some noise” for the listing on Kraken.
SHIB community has also been pushing for a listing on commission-free trading platform Robinhood. Through a petition that has over 497,000 signatures titled “Kindly request of Robinhood to list Shiba Inu coin;” they ask the platform to list the cryptocurrency.
In a response to Kraken’s failure to list the cryptocurrency some users asked why the platform said it would list SHIB if did not plan on doing so, while others urged the community to be patient. According to Kraken spokesperson said that community engagement “is only one part” of the listing process, which it says is “very thorough.”
Twitter user Rabel questioned why to make such statement, if they are not ready to go through with it.
“Then why yesterday make a statement “ will list SHIB Tomorrow”? Be prepared to fulfill your promises or refrain from making such statements.”
Another Twitter user threatened to close his Kraken account, if the exchange wouldn’t follow through.
