Get 40% Off
🔥 This hedge fund gained 26.16% in the last month. Get their top stocks with our free stock ideas tool.See stock ideas

Petition for Robinhood to List SHIB Now Reached 510k Signatures

Published 11/07/2021, 06:48 AM
Updated 11/07/2021, 07:00 AM
Petition for Robinhood to List SHIB Now Reached 510k Signatures
TWTR
-
COIN
-
SHIB/USD
-
HOOD
-

  • Reports show that Shiba Inu has set a new record as a petition asking Robinhood to list the coin.
  • SHIB army proves to be strong as the signatures have now reached more than 510,000.
  • Will this make Robinhood list the fastest-growing memecoin by the end of the year?

The fastest-growing meme coin, Shiba Inu (SHIB), does not stop in making its presence known in the crypto space. The most recent is the increasing uproar for Robinhood Markets Inc (NASDAQ:HOOD). to list Shiba Inu on its platform.

In detail, there is a petition on Change.org asking the platform to, as mentioned, list SHIB. At the time of writing, reports say that the petition has now reached more than 510,000 signatures. Watcher.Guru — a prominent Twitter (NYSE:TWTR) account sharing news about crypto and NFTs — tweeted about this.

The last few months have been a good time for the SHIB community. Several crypto exchanges have seen the potential of SHIB and listed the coin on their platforms like Coinbase (NASDAQ:COIN) Pro, as well as Binance, and recently, Kraken.

All these drove the coin towards its ATHs. Moreover, the petition at Change.org can definitely be seen as a factor in this.

On the other hand, Robinhood Chief Executive Officer — Vlad Tenev, noted that the company is “carefully considering adding new coins to its offerings”. He added,

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

We feel very very good about the coins that we’re currently listing on our platform and any new coins that we add we want to feel equally, if not more good.

Indeed, the SHIB army proves to be strong as its community is significantly growing. With that said, even with this great number of signatures in a petition, we are yet to see how Robinhood will decide on this matter. For sure, the SHIB community is hoping for the best. Right now, all the public can do is wait and see.

At press time, SHIB still sits at 11th rank at CoinMarketCap and trades at $0.00005784.

Continue reading on CoinQuora

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.