Shiba Inu coin (SHIB) price falls after Kraken tweet

The Kraken is breaking its promise, and the SHIBarmy is prepared for a combat.

Kraken, a top-ten San Francisco-based cryptocurrency trade, tweeted earlier this week that it might record the Shiba Inu coin—a joke token with a loyal cult following—on its platform by Tuesday if the tweet earned at the least 2,000 likes. “#SHIBArmy the place you at?” it wrote:

However Kraken maybe ought to have thought that by way of a bit higher, as a result of in as we speak’s hyper-connected digital world, 2,000 likes on social media is piffling and the goal was hit inside mere minutes (as of as we speak, it’s sitting at almost 80,000 likes). Kraken, nevertheless, appeared to have bitten off greater than it may chew, tweeting Tuesday that the Shiba Inu coin wouldn’t be going stay that day as the corporate nonetheless had “extra work to do” per its itemizing evaluate protocol:


It was a basic over-promise, under-deliver, and SHIB fanatics weren’t pleased. “I’ll delete my account and provides a adverse evaluate,” one user threatened on Twitter. “Seems to be such as you put the cart earlier than the horse,” another wrote.

Whereas Kraken is fielding a wave of rage, its feedback recommend the token remains to be coming to the platform—it simply didn’t specify when. In a statement to Insider, the corporate stated its itemizing process is “very thorough . . . Neighborhood engagement is just one a part of that course of.”

Nevertheless, the cryptocurrency’s die-hard followers are seemingly ready on edge. The SHIBarmy just lately achieved its landmark objective of surpassing fellow joke token Dogecoin, the unique meme foreign money that impressed the Shiba Inu coin’s creation.

SHIB’s worth is down over 5% as of noon Wednesday.