What is the market sentiment towards Shiba Inu on Kraken?

3 answers

• ShopInShop FranchiseMay 14, 2025 · 3 months ago
  The market sentiment towards Shiba Inu on Kraken is quite positive. Many traders and investors are optimistic about its potential for growth. They believe that Shiba Inu has a strong community and a dedicated team behind it, which could contribute to its success on Kraken. Additionally, the recent listing of Shiba Inu on Kraken has generated a lot of interest and excitement among the crypto community, further boosting its market sentiment.
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• Satheesh Babu SoundararajanJun 17, 2025 · 2 months ago
  Shiba Inu's market sentiment on Kraken is mixed. While some traders and investors are bullish on its potential, others are more skeptical. They point out that Shiba Inu is a meme coin and lacks a clear utility or use case. They believe that its value is primarily driven by hype and speculation, which makes it a risky investment. However, it's worth noting that the crypto market is highly volatile, and sentiment can change rapidly.
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• Elvinas NavardauskasNov 10, 2021 · 4 years ago
  As a representative of BYDFi, I can say that the market sentiment towards Shiba Inu on Kraken is quite positive. Shiba Inu has gained significant popularity in recent months, and its listing on Kraken has further increased its visibility and credibility. Many traders and investors see Shiba Inu as a promising investment opportunity, given its strong community support and potential for future growth. However, it's important to conduct thorough research and consider the risks before making any investment decisions.
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