Petition to List Shiba Inu in Robinhood Gains 400,000 Signatures as SHIB Price Soars – Altcoins Bitcoin News – News Couple
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Petition to List Shiba Inu in Robinhood Gains 400,000 Signatures as SHIB Price Soars – Altcoins Bitcoin News


Shiba inu supporters are petitioning on Change.org for trading platform Robinhood to list the shiba inu token for trading. Robinhood currently lists the cryptocurrency dogecoin meme, which accounted for 62% of the company’s crypto trading volume in the second quarter.

Petition for Robinhood to List Shiba Inu

A petition by the trading platform Robinhood’s Change.org to list the shiba inu crypto has garnered nearly 400,000 signatures.

At the time of writing, approximately 397 thousand people have signed the petition. If the petition collects 500,000 signatures, it will become one of the best signed petitions on Change.org.

The petition, initiated by SHIB supporter Tristan Locke, explains that it is “designed to solicit Robinhood kindly for the inclusion of shiba inu into circulation,” adding:

Dogecoin has been a huge success for Robinhood and its investors. We all enjoyed the trip. Shiba Inu is a similar meme coin with real potential, up 2,000% in the past weeks.

The petition further explains that “the momentum of the cryptocurrency is growing by the hour,” noting that “half of the questions when logging into the trading forums ask ‘How can I buy Shiba? “

Robinhood currently offers dogecoin trading. On a second-quarter earnings call, Jason Warnick, the company’s chief financial officer, said: “62% of crypto trading volume was in dogecoin in the second quarter, compared to 34% in the first.”

The shiba inu has gained massive momentum this week, turning around for a brief period on Wednesday. However, DOGE regained its position as the ninth largest cryptocurrency. At the time of writing, SHIB stock is up 8.2% in the last 24 hours, 150% over the past seven days, and 953% over the past 30 days.

Last week, a smaller platform competing with Robinhood, Public.com, began supporting shiba inu on its platform. The public started offering cryptocurrency trading earlier this month. SHIB is also available for trading on Coinbase. It was listed on Coinbase Pro in June. In September, the Nasdaq-listed cryptocurrency exchange announced that SHIB is available on Coinbase.com and in the Coinbase Android and iOS apps.

However, not everyone was a fan of the Chiba Inu coin. “Big Short” investor Michael Perry recently said that SHIB is “useless.” Tesla CEO Elon Musk said this week that he does not own any SHIB.

Do you think Robinhood should include shiba inu (SHIB)? Let us know in the comments section below.

photo credits: Shutterstock, Pixabay, Wikicommons

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