Could Shiba Inu Token Join Robinhood Trading App in Coming Month ??

Could Shiba Inu Token Join Robinhood Trading App in January ??

Now, The Most Asked Question In Internet is "Could Shiba Inu Token Join Robinhood Trading App in January ?? "

The Rumors picked up in October that $SHIBA INU Token would join Robinhood , the biggest trading app for cryptocurrency and investment app stocks. There have been rumors for a while that Robinhood would add Shiba Inu Coin to its trading and investing app. Shiba Inu Coin's fans , The Shiba Army , have pushed for the move because Robinhood is a major platform, which would expose more investors to the coin. A petition on Change.org asking Robinhood to list Shiba Inu -a Dogecoin inspired meme Cryptocurrency, now has more than 5,50,000 signatures. The growing clamor for Robinhood to add the Shiba Inu Coin to its platform is helping boost the cryptocurrency to record highs.

Shiba Inu Token has already made entry to Coinbase , another popular , retail cryptocurrency trading app and that rivals Robinhood . According to a report The Shiba Inu Coin might join the Robinhood Trading Platform in January, 2022. A Shiba Inu news Twitter account said that an insider from Robinhood said that ," Executives believe there's a 'Possibility' Shib will join Robinhood by January, 2022."

Shiba Inu with a market cap of more than $ 38 billion , Shiba Inu surpassed some major Indian Companies in terms of Market Value. It's now bigger than Adani Enterprises , JSW Steel, Tata Steel, Tech Mahindra, Adani Ports, and HDFC Life, ( according to the data gathered at the time of writing). Shiba Inu briefly became the ninth-largest cryptocurrency by market cap by building a devoted and passionate community ,called Shiba Army . 

So, if the coin could jump the Top 10 of cryptos in about one year without being traded on Robinhood , it's logical to assume a Robinhood listing could serve as rocket fuel for SHIB INU. 

But the Question is why Robinhood may need Shiba Inu ??

The answer is very simple to keep up with its competition. And that point was made in the company's last earning report. The company reported that it saw a decline in crypto activity. HOOD stock subsequently dropped 8%.

 

Therefor answer is listing SHIB on the platform would not only be a good marketing move ,but it would boost trading revenue.

Robinhood currently lists seven cryptocurrencies on its platform : Bitcoin ( BTCUSD ) , Ether ( ETHUSD ) , BitcoinSV (BTCSVC) , Bitcoin Cash ( BCHUSD ) , Dogecoin ( DOGEUSD ) , Litecoin (LTCUSD ) and Ethereum Classic ( ETCUSD ) .

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