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Shiba Inu Soars 36% On Kraken News And AMC Gives Spiderman NFTs

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The crypto market continued its revival and kept climbing now that global fears over the Omicron variant of Covid-19 receded somewhat. Bitcoin is trading around $58,000 again overnight (before falling back to $56k) and analysts are waiting to see if in the next few days it can break the $60k barrier before beginning the last month of the year.

Meanwhile Michael Saylor, CEO of fintech company Microstrategy, admitted he had profited from Bitcoin’s temporary dip to buy an additional $400 million worth of it.

Kraken lists Shiba

In the memecoins we have to point out the rally of Shiba Inu, the Dogecoin rival which many had thought would only go down as from now. Shiba Inu soared 36% after crypto trading platform Kraken finally set a date for listing the coin.

New Listing on Kraken: @Shibtoken 🐶$SHIB deposits begin NOW! Trading is live November 30.

➡️ Learn more: https://t.co/yUUKaBXKBq pic.twitter.com/L2IUHugyG0

— Kraken Exchange (@krakenfx) November 29, 2021

The Shibarmy, its group of supporters on social media, was very enthusiastic and hopes for a re-entry of the coin in the CoinMarketCap top 10. We’ll have to wait and see a few more days to check whether Shiba Inu can keep on climbing.

AMC And NFT

In order to promote the new Spider-Man: No Way Home movie, Wallstreetbets favorite stock AMC theaters has announced it would work together with Sony to distribute non-fungible tokens (NFTs) as part of the film’s premiere.

The press release discussing the NFT promotion said that:

A limited quantity of up to 86,000 Spider-Man NFTs will be available for members of AMC Stubs Premiere & A-List and AMC Investor Connect who purchase an advance ticket to a December 16 showtime of Spider-Man, No Way Home

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