Will Shiba Inu Listing on Robinhood in February? Right here’s What We Know By DailyCoin


Will Shiba Inu Listing on Robinhood in February? Right here’s What We Know

On Wednesday, the closely trafficked world information web site ZeroHedge tweeted to its 1.1 million Twitter (NYSE:) followers this assertion, “SHIBA INU ROBINHOOD LISTING SAID TO COME AS EARLY IN FEB – that is about 6 months too late.” As of this writing, Robinhood (NASDAQ:) has not replied to requests for affirmation or denial of the declare.

Nevertheless, throughout its earnings name final October, Robinhood CEO Vlad Tenev acknowledged that it is extremely cautious when contemplating whether or not or to not add new cash or tokens to its choices. “We really feel very excellent concerning the cash that we’re at the moment itemizing on our platform and any new cash that we add we wish to really feel equally, if no more good,” Tenev stated.

Regardless, the rumor pumped the worth of greater than 15%, but it surely has since retraced and is down 6.5% over the previous 24 hours in accordance with CoinMarketCap.com.

Shiba Inu (SHIB) was created anonymously in August 2020 as an Ethereum-based different to Dogecoin’s Scrypt-based community. The Scrypt community has low performance because it was designed for crypto mining of sure Proof of Work blockchains. In 2021, because of publicity help from Elon Musk and founder Vitalik Buterin, SHIB turned wildly standard and skilled an explosive value pump of 49,000,000% in just a few months.

Since then, SHIB is down 62% at the moment because it hit a report excessive of $ 0.00008845 in October 2020. Alongside the way in which, SHIB builders have labored to construct out the Shib Inu ecosystem, launching its personal decentralized trade, a group of seven,777 ShibaNFTs, in addition to companion cash that complement SHIB. It’s undoubtedly striving to evolve from a “meh” meme to a token with precise utility. We’ll should see if this canine has its day on Robinhood.

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