Bitcoin
BTC$26 923.35

-0.82%

Ethereum
ETH$1 862.48

-0.43%

Tether
USDT$1.000278

-0.01%

Binance Coin
BNB$305.14

-0.72%

USD Coin
USDC$1.000022

0.01%

XRP
XRP$0.507098

0.08%

Shiba Inu and Chiliz jump 33% and 26% on Coinbase Pro listings


16 Jun 2021

#Chiliz

Memes and fan tokens were the order of the day after a Coinbase Pro listing sent SHIB and CHZ to significant gains. The token prices of Shiba Inu (SHIB) and Chiliz (CHZ) jumped 33% and 26% respectively on Wednesday, following the announcement of the pair’s listing on Coinbase Pro.

Inbound transfers for Shiba Inu and Chiliz were announced alongside Keep Network (KEEP) by Coinbase Pro on Tuesday, June 15. Trading is set to begin on Thursday, June 17, assuming liquidity conditions are met. The trading pairs will launch in three phases: post-only, limit-only and full trading.

Shiba Inu burst onto the scene in late April, seemingly as a bi-product of the attention brought on meme cryptocurrency Dogecoin (DOGE) by Tesla CEO Elon Musk. The token’s imagery features a meme version of the Shiba Inu dog breed, similar to Dogecoin. The token’s dollar valuation, while still well in the sub-cent range, increased by over 2,000,000% in the runup to its recent peak in early May, when it was listed for trading on Binance and other exchanges.

The SHIB valuation climbed from $0.000007002 to $0.000009331 in the hour or so following the Coinbase announcement, and had retained most of its gains one day on, standing as the top gainer among the market capitalization top 100 on Wednesday.

Chiliz followed close behind after its coin price increased from $0.2773 to $0.3495 leading into Wednesday morning, following a sustained 26% surge. Chiliz is the token behind the Socios.com fan token platform which enables the purchase of branded tokens associated with major sports clubs and organizations. Chiliz has recently facilitated the launch of fan tokens in partnership with FC Barcelona, Manchester City and a host of major European football clubs.

The other token lined up for trading on Coinbase, Keep Network, experienced a brief 26% surge as its valuation climbed from $0.49 to $0.62 in the wake of the exchange’s announcement. By the time of publication, it had given up some of its gains on the way back to the $0.56 range.

Keep Network focuses on providing storage for private data on public blockchains. The Keep Network platform comprises off-chain containers for private data which are only accessible via the Ethereum-based KEEP token. The project recently added compatibility for Bitcoin (BTC) users with tBTC — a fully backed ERC-20 version of Bitcoin.


Related

Crypto Sees Sell Off
Crypto Sees Sell Off
Chiliz (CHZ) gains 170% after launching live in-game NFTs for fan token holders
Chiliz (CHZ) gains 170% after launching live in-game NFTs for fan token holders
Chiliz scores 1,600% gains in March as fan tokens outperform everything
Chiliz scores 1,600% gains in March as fan tokens outperform everything

Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 90.8% 10 $26 923.35 -0.82% 2.50% $522 035 288 006 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 94% 5 $1 862.48 -0.43% 4.20% $223 954 690 370 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 95.2% 1 $1.000278 -0.01% 0.02% $83 245 446 183 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 91.2% 1 $305.14 -0.72% -0.10% $47 558 074 154 BNB 7 days price change
5 USD Coin (USDC) USDC USD Coin predictions 92.4% 1 $1.000022 0.01% -0.01% $28 879 860 743 USDC 7 days price change
6 XRP (XRP) XRP XRP predictions 82% 37 $0.507098 0.08% 12.79% $26 360 653 548 XRP 7 days price change
7 Cardano (ADA) ADA Cardano predictions 87.6% 10 $0.362754 -3.25% 1.24% $12 654 193 513 ADA 7 days price change
8 Lido stETH (STETH) STETH Lido stETH predictions 92.8% 1 $2 941.39 -0.40% -3.32% $10 258 752 564 STETH 7 days price change
9 Dogecoin (DOGE) DOGE Dogecoin predictions 86.8% 17 $0.071730 0.21% 1.79% $10 012 310 929 DOGE 7 days price change
10 Polygon (MATIC) MATIC Polygon predictions 80.4% 35 $0.896459 0.72% 1.93% $8 318 664 846 MATIC 7 days price change
11 Solana (SOL) SOL Solana predictions 84.8% 29 $20.71 -0.04% 6.91% $8 214 801 167 SOL 7 days price change
12 Wrapped TRON (WTRX) WTRX Wrapped TRON predictions 78.8% 37 $0.074587 -1.10% -3.22% $7 583 764 242 WTRX 7 days price change
13 Litecoin (LTC) LTC Litecoin predictions 78.4% 37 $92.66 3.56% 9.62% $6 768 793 382 LTC 7 days price change
14 TRON (TRX) TRX TRON predictions 79.6% 35 $0.074461 -1.55% -3.37% $6 718 212 308 TRX 7 days price change
15 Polkadot (DOT) DOT Polkadot predictions 92% 10 $5.24 -1.66% -0.36% $6 234 654 872 DOT 7 days price change

Be the first to receive Cryptocurrency Price Predictions and Forecasts daily

Get cryptocurrency price predictions, forecasts with analysis and news right to your inbox.

© 2015-2023 Crypto-Rating.com

The usage of this website constitutes acceptance of the following legal information. Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website, including information about the cryptocurrencies and bitcoin is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Crypto Rating shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about cryptocurrencies. The entire responsibility for the contents rests with the authors. Reprint of the materials is available only with the permission of the editorial staff.