Shiba Inu (SHIB), the meme-coin phenom inspired by man’s best friend, is blasting off Tuesday morning with gains topping 30% as Newegg Commerce Inc., the online retail behemoth, and Kraken officially announced that they will start to accept Shiba Inu on their platforms.
Newegg started accepting cryptocurrencies as payment starting in 2014 with Bitcoin, and now accepts over ten different digital tokens.
To add to the wave of enthusiasm driving up the price of Shiba Inu, Kraken, a cryptocurrency exchange and bank founded in the United States in 2011, confirmed that they Shiba Inu trading and deposits are now available on its trading platform,
Kraken provides trading between cryptocurrency and fiat currencies and provides price information to Bloomberg Terminal.
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