Fri, November 22

SHIB and CHZ Token Price Surges Around 30%

SHIB and CHZ Token Price Surges Around 30% Altcoin News
  • Shiba Inu, Chiliz, and Keep Network listing on Coinbase Pro.
  • All tokens have experienced a brief surge of around 30%.
  • The trading pair has three levels: post-only, limit-only, and full trading.

The price of Shiba Inu (SHIB) and Chiliz (CHZ) soared to 33% and 26% respectively, following the announcement of pair listings on Coinbase Pro.

Coinbase Pro will begin to accept Shiba Inu, Chiliz, and Keep Network (KEEP) from Thursday onwards if liquidity conditions are met.

SHIB, CHZ, and KEEP on Coinbase Pro

Shiba Inu came to the attention after a series of Elon Musk’s tweet on the meme-currency Dogecoin (DOGE). Besides, the image on the token is a meme version of the Shiba Inu dog breed, similar to Dogecoin. 

The token’s value, while still in the semi-range, increased by more than 2,000,000% in the run-up to hitting its peak in early May following the listing announcement in Binance and other exchanges.

Moreover, SHIB value ascended from $0.000007002 to $0.000009331, consequently, CHZ soared from $0.2773 to $0.3495 with 26% following CoinbasePro announcement.

Chiliz, an Ethereum-token that powers Socio.com fan-token platform, which allows users to trade tokens for showing support for professional sports-teams. The tokens entitle users to rewards and promotions, and they can also be the impact for team decisions via popular voting on the Chiliz blockchain. 

Besides, Chiliz recently assisted in launching fan tokens in collaboration with FC Barcelona, Manchester City, and other major European football teams.

Keep Network, the other token adds to the list on Coinbase, saw a brief 26% surge in price, rising from $0.49 to $0.62 in response to the exchange’s announcement.

This is a platform that aspires to connect public and private blockchains. Keep Network’s first product, tBTC, is an Ethereum token that represents one Bitcoin. Users can deposit Bitcoin and redeem tokenized tBTC, where Ethereum ecosystem can use it without the need for centralized intermediaries.

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