Songbird (SGB) Starts Trading on Kraken as Price Plunges 12%

Alex Dovbnya

The Kraken cryptocurrency exchange added Songbird (SGB) to the list of available cryptocurrencies earlier this Tuesday

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Tue, 22/02/2022 - 20:30

Songbird (SGB) Starts Trading on Kraken as Price Plunges 12%

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The Kraken cryptocurrency exchange has announced that the Songbird (SGB) token is now available for trading on its platform.

The cryptocurrency will not be listed in Japan, the announcement says.

Earlier this month, it announced support for the token’s airdrop for holders of the XRP cryptocurrency, joining Binance and other exchanges.

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As reported by U.Today, Songbird, a canary network of Flare Networks, went live on Sept. 17. Its purpose is to test various significant changes before implementing them on the main network.

The project was originally introduced in late July to much fanfare.

The native SGB token is currently down 12.07% over the past 24 hours amid a broader cryptocurrency market correction.

#Ripple News

About the author

Alex Dovbnya

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at alex.dovbnya@u.today.