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Shiba Inu Buying and selling For Over 17 Million Robinhood Customers — Is A Thoughts-Blowing SHIB Moonshot Incoming? ⋆ ZyCrypto

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Ripple CTO And XRP Architect David Schwartz Mocks Shiba Inu For Its Gargantuan Supply

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After dragging its heels concerning including assist for extra digital currencies on its buying and selling platform, Robinhood lastly caved and listed the favored doggy-themed cryptocurrency Shiba Inu (SHIB).

Solana (SOL), Polygon (MATIC), and Compound (COMP) have additionally been added to the zero-commission buying and selling platform.

SHIB jumped 30% on Tuesday, main beneficial properties amongst main crypto property, amid the information of itemizing on Robinhood. Shiba Inu is the fifteenth-largest cryptocurrency with a market capitalization of $14.7 billion.

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SHIBUSD Chart by TradingView

Will SHIB Moon In 2022?

Notably, the meme coin was probably the most requested by Robinhood customers. A petition to record the cryptocurrency amassed over half one million signatures.

After including assist for bitcoin, ethereum, dogecoin, and different cryptocurrencies again in 2018, Robinhood has avoided itemizing extra cryptocurrencies in recent times. The corporate’s execs have oftentimes evaded questions on whether or not or to not record the second-largest meme coin, arguing that they’re extra involved with high quality fairly than amount.

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An inventory on Robinhood means the corporate’s roughly 17.3 million lively customers can have entry to SHIB buying and selling. This could possibly be the information that’s wanted to assist drive the expansion of the “dogecoin killer” in an effort to faucet new all-time highs within the close to future.

Robinhood’s Crypto Push

Apart from the brand new listings, Robinhood has been making main strikes within the crypto area in current days. Throughout the Bitcoin 2022 Miami Convention, as an illustration, it introduced plans to combine the Bitcoin Lightning Community in an effort to allow sooner BTC transactions.

Robinhood additionally launched its crypto pockets for two million eligible customers. The app permits customers to deposit and withdraw cryptocurrencies like bitcoin, ethereum, and Shiba Inu’s prime competitor dogecoin.