Coinbase Pro lists SHIB; price jumps 22%

The cryptocurrency exchange Coinbase Pro has begun trading the meme-coin clone Shiba Inu (SHIB).

Inbound transfers for CHZ, KEEP & SHIB are now available in the regions where trading is supported. Traders cannot place orders and no orders will be filled. Trading will begin on or after 9AM PT on Thurs 6/17, if liquidity conditions are met. https://t.co/r2L6N477Uj

— Coinbase Pro (@CoinbasePro) June 15, 2021

Trading of SHIB, Chiliz (CHZ) and Keep Network (KEEP) tokens will begin on June 17.

Following the listing announcement on Coinbase Pro, the price of Shiba Inu jumped 22%, according to CoinGecko. At the time of writing, the coin’s market capitalisation stood at $4.5 billion, though Nomics values it at $9 billion.

Earlier, the largest holder of SHIB tokens, Ethereum co-founder Vitalik Buterin burned 90% of his coins worth more than $6.5 billion.

As previously reported, a user earned $2 billion from 37 ETH invested in Shiba Inu.

Read ForkLog’s Bitcoin news in our Telegram — cryptocurrency news, prices and analysis.