Investors pressure Robinhood for Shiba Inu

Peter Oflina
3 min readJul 14, 2021
Investors pressure Robinhood for Shiba Inu

Shiba Inu investors began to put pressure on the American stock market Robinhood. Nearly 200,000 investors started a campaign to list Shiba coin on the Robinhood platform.

Please ask Robinhood to list the Shiba Inu money campaign that quickly garnered 170,000 votes. While the Shiba Inu is not yet listed on Robinhood, many investors want this dogecoin killer coin to be included on the Robinhood platform.

While it is discussed that Shiba Inu may be the Dogecoin of the future, it is shown as a better and reliable investment than dogecoin, according to many technical analysts.

Ask Robinhood to list the Shiba Inu coin

Many investors on Change.org are supporting the campaign titled “Please ask Robinhood to list the Shiba Inu coin”.

This petition was designed to ask Robinhood to list the Shiba Inu coins to be traded. Dogecoin has been a huge success for Robinhood and its investors. We all enjoyed the trip. The Shiba Inu has emerged as a similar meme coin with real potential, up 2000% in recent weeks.

Many investors trust the Shiba Inu and continue to invest their money. However, the most important point to remember is that joke money and tokens are a very risky investment.

When will the Shiba Inu be on Robinhood’s roster?

Launched as a competitor to Dogecoin and using the same breed dog as its mascot, the Shina Inu has a market cap of $2.68 billion. Dogecoin has a current market cap of $41.8 billion. There is no information about the person who created the Shiba Inu (known as Ryoshi), which is thought to be a competitor to Dogecoin.

The last seven days have been a turbulent time for many cryptocurrencies, but many have made some gains in the past day. The Shiba Inu is up about 9.5% on the day after falling nearly 20% last week.

According to the recommendation of Investopedia financial experts:

One of the best ways to protect yourself is to learn about the team members of the project before investing.

Since new tokens have no history, investors need to be careful, and those who do not risk losing their entire investment should not invest funds.

When will the Shiba Inu appear in Robinhood?

Bitcoin is among the top three most viewed cryptocurrencies on the CoinMarketCap platform, followed by Shiba Inu in third place.

Meanwhile, a petition urging the Robinhood trading platform to list the Shiba Inu has garnered more than 130,000 signatures. Robinhood currently offers seven cryptocurrencies for trading on its platform: Bitcoin, Bitcoin Cash, Bitcoin SV, Dogecoin, Ethereum, Ethereum Classic and Litecoin. It’s not yet clear when Robinhood will feature the Shiba Inu on its platform. The company had previously declined to discuss the time it took to select the coins or other tradable assets it would list.

Meanwhile, Twitter CEO Jack Dorsey said in a tweet on June 11 that the Lightning Network, which enables payments using Bitcoin, could be integrated into Twitter, or Twitter’s emerging decentralized social network BlueSky. .

--

--

Peter Oflina

Blog news site with the most up-to-date and latest Bitcoin news, cryptocurrency analysis, business ideas and wordpress articles.