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Shiba Inu (SHIB) Finally Listed by Robinhood Together with Other Altcoins

Written by: Qadir AK

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Qadir AK

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

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Apr 12, 2022

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In the midst of ongoing speculations on bearish pull and bullish run hovering around the cryptocurrency market, there are a few handful of cryptocurrencies that are signaling green which includes BNB, USD Coin, Solana, Cardano along with Shiba Inu among others.

Shiba Inu Listed On Robinhood!

According to the listing bot, Dogecoin killer, Shiba Inu, a meme currency, is now listed by Robinhood, a commission-free investing app. Even though the company has not yet made an official announcement on Shiba Inu getting listed by them, the meme coin, Shiba Inu, is already appearing on the official website.

As the news broke out, the Dogecoin killer, Shiba Inu is now up by 10.03% trading at $0.00002576 over the last 24hours. The Shiba Inu’s SHIB has now outperformed other major altcoins.

It’s just not Shiba Inu, also Solana (SOL), Polygon (MATIC) and Compound (COMP) alongside SHIB and this brings the total number of available cryptocurrencies to 11.

In recent times, the meme token, Shiba Inu has been on great demand from Robinhood users to list SHIB. As per the data, Change.org, a petition platform had reached 559,661 signatures for a petition to include Shiba Inu on robinhood platform.

Robinhood Earlier Stance On SHIB

It is to be noted that Robinhood CEO Vladmir Tenev and other high-profile executives have always snubbed the questions regarding Shiba Inu that said whether or not Shiba Inu should be listed on the platform, the speculative question that was moving around the community.

Also in November the chief operating officer of Robinhood’s crypto division, Christine Brown, had given a statement that the company will always prefer quality over quantity. However, today, the Shiba Inu gets listed.

In early 2018, Robinhood had launched support for crypto trading that originally added support for Bitcoin and Ethereum.  Later the platform also added Litecoin, Ethereum Classic, Bitcoin Cash and Dogecoin in the same year.

The commission-free trading app, Robinhood brags about having 17.3 million active users after it became one of the go-to trading app choices. On the contrary, the company’s shares are down by more than 86% from August 2021 high.

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Qadir AK

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

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