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Shiba Inu (SHIB) Heaps Another 28% As Support for Robinhood Listing

bitcoinworld.co.in 27 October 2021 03:51, UTC

Shiba Inu (SHIB), the notorious meme cryptocurrency continues its uptrend.
More so, The Shiba Inu price is seeing over 28% increase as it hits a new all-time high above $0.000050.
Currently, SHIB is trading at around $0.00005876 after overtaking LUNA for the 11th spot of largest cryptocurrency by market cap.

Furthermore, this growth is coming on the heels of high possible listing on Robinhood.
Notably, once the popular trading app lists SHIB, a massive trading volume is to follow.

A petition on Change.org that requests Robinhood to list Shiba Inu has now garnered more than 326,000 signatures.
Robinhood Chief Executive Officer Vlad Tenev while Speaking to Bloomberg, says they are considering add the meme crypto to its offerings.

“We feel very very good about the coins that we’re currently listing on our platform and…”
“any new coins that we add we want to feel equally, if not more good,”
So, Tenev says.

Additionally, Robinhood announces last month how it is considering adding crypto wallets. Of course, this is to make it easier for its users to send and receive digital assets.

Lastly, meme cryptocurrencies has huge impacts to Robinhood’s crypto revenue.
Of course, as in the case of Dogecoin contributing 64% of the app’s crypto revenue.