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Shiba Inu (SHIB) price is rallying hard because of the Coinbase listing

Shiba Inu (SHIB) price soars 30% on Coinbase listing.

shiba-inu-shib-price-is-rallying-hard-because-of-the-coinbase-listing

SHIB/USDT 4-hour chart | Source: TradingView

Shiba Inu (SHIB) price is up to 30% because of the Coinbase listing

Dogecoin’s rival Shiba Inu has been listed on Coinbase Pro, the professionally oriented arm of the top U.S. exchange.

According to a September 8 announcement made by the company, inbound transfers for the canine cryptocurrency are already available in all supported jurisdictions. Trading will kick off at 4 p.m. UTC on September 9 granted that the necessary liquidity conditions are met.

As AZCoin News reported, the largest crypto exchange announced that it would list the SHIB token in mid-June, together with Chiliz (CHZ), Keep Network (KEEP). But after that, the exchange then delayed its launch due to technical issues.

Before that, Shiba Inu suffered a massive blow on September 7, reaching a swing low at $0.00000510. SHIB bulls are looking to reverse the period of underperformance but have been seen struggling with the lack of trading volume.

And now, after this good news, Shiba Inu is starting to recover after the massive price plunge that wiped out nearly 30% of SHIB value.

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