Decentralized Finance

Shiba Inu Listing Done On Coinbase, Is Robinhood The Next Stop!

The meme tokens are gaining much traction in recent days with amplified social media attention and listing on popular platforms. As the primitive meme token dogecoin gained immense user attention, many other tokens followed a similar path. Shiba Inu with listing on Coinbase Pro began with a need for Robinhood listing.

Shiba Inu gained huge user attention as it jumped from nowhere to as high as above $0.0000380. With the massive surge, the token got listed on many exchanges including Binance, Okex, Huobi, etc. However, the listing on Coinbase Pro was very much awaited which was announced recently.

With the listing on Coinbase, Shiba Inu price spiked nearly 40% and sustained above $0.000008 levels at the press time. Moreover, after Coinbase, the crypto space is looking forward to listing the token on Robinhood. And hence the petition was circulated to request Robinhood to list the token.   

Also Read: This Is When Shiba INU Price May Rally Above $0.00001 Levels!

How Important is Robinhood Listing?

Robinhood is among the popular platforms that offers commission-free trades of stocks and exchange-traded funds through its mobile App. It is the same platform where-in the well-known GME stock manipulation took place. 

No doubt the users on Coinbase are more than Robinhood, yet it is the main competitors in the crypto market. And moreover, Robinhood already offers several cryptocurrencies like Bitcoin, Bitcoin Cash, Dogecoin, Ethereum etc.

However, it is still unclear whether the platform will list the token or not. The company moreover, denies sharing the listing process on its platform. Therefore, the Shiba Inu price may propell high with the Robinhood listing as it happen after the listing on coinbase.

Also Read: Coinbase Pro list Shiba Inu ! Is the Dead Cat Bounce Underway For SHIB Price?

Sahana Vibhute

A passionate cryptocurrency and blockchain author qualified to cover every event in the crypto space. Researching minute occurrences and bringing new insights lie within the prime focus of my task.

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