The price of Shiba Inu (SHIB) and Chiliz (CHZ) skyrocketed 33 percent and 26 percent, respectively, after the announcement that they would be listed on Coinbase Pro on Wednesday.
On June 15, Coinbase Pro announced the launch of deposits for the Keep Network (KEEP) with Shiba Inu and Chiliz as well. The trading is scheduled to start on June 17, when it is thought that the liquidity conditions will be met.
Shiba Inu emerged on the crypto scene in April as a competitor to Dogecoin (DOGE), which was born as an internet joke and made famous by Tesla CEO Elon Musk. The image of SHIB was chosen as a Shiba Inu dog, similar to Dogecoin. Listed on exchanges like Binance, the token gained over 2 million percent until it peaked in early May.
After the announcement that SHIB would be listed on Coinbase, the token rose from $0.000007002 to $0.000009331. Maintaining this increase in value on Wednesday, SHIB was one of the top 100 cryptocurrencies in terms of market capitalization, which saw the largest increase in value.
Chiliz also woke up Wednesday morning with a 26 percent increase in value from $0.2773 to $0.3495. Chiliz is the intended use token of Socios.com, the platform that allows buying and selling fan tokens of major sports clubs and organizations.
Keep Network, another token to which Coinbase will add trading support, rose from $0.49 to $0.62 with a 26% rally.