The meme token Shiba Inu is on a roll today and is one of the top gainers in the top 100. At the time of going to press, it was up by 26 percent and gaining. Shiba Inu’s rally follows its listing on Coinbase Pro.
Shib is not the only one that has benefited from the Coinbase-driven rally, though. Coinbase has also announced the listing of Chiliz and Keep network (KEEP). Like Shib, these two cryptos have pumped too, with Chiliz gaining by over 25 percent.
While the listing of these cryptos was made public yesterday, trading is set to start tomorrow, June 17th, provided that they can meet Coinbase liquidity requirements. Coinbase announced that the trading of these cryptos would take place in phases. The first phase will be post-only, followed by limit-only orders, before moving on to full trading.
Shiba Inu came into the scene two months ago following the Elon Musk-inspired pump of Dogecoin. It was riding on this momentum, but has since built a sizeable community of followers. Shiba Inu gained by over 1000 percent the moment it came to the picture and has maintained its position in the top 50 cryptos.
On its part, Chiliz is the native token for Socios.com. This is a platform that facilitates trade in fan tokens, such as those issued by football clubs. Keep network is a blockchain-focused on private data storage. The data is kept in containers that can only be accessed using the KEEP token.