Kraken Pro, a prominent U.S.-based cryptocurrency exchange, has recently announced the addition of new margin trading pairs, featuring Shiba Inu (SHIB), a popular meme-inspired cryptocurrency. This new offering allows SHIB to be traded on margin against the U.S. dollar. The exchange has set the maximum leverage for these transactions at three times, with a limit of 1.5 billion SHIB for both long and short positions. Shiba Inu, known as an Ethereum-based meme coin, was first launched in 2020 by an anonymous developer named Ryoshi. The coin was conceptualized to explore what could happen if a cryptocurrency was entirely community-driven. This
