{"id":149535,"date":"2022-01-13T19:07:28","date_gmt":"2022-01-13T19:07:28","guid":{"rendered":"https:\/\/precoinnews.com\/?p=149535"},"modified":"2022-01-13T19:07:28","modified_gmt":"2022-01-13T19:07:28","slug":"shiba-inu-robinhood-listing-rumors-help-shib-price-surge","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/altcoins\/shiba-inu-robinhood-listing-rumors-help-shib-price-surge\/","title":{"rendered":"Shiba Inu Robinhood Listing Rumors Help $SHIB Price Surge"},"content":{"rendered":"<p>The price of the meme-inspired cryptocurrency Shiba Inu ($SHIB) surged after rumors about a potential listing on the commission-free trading platform Robinhood (NASDAQ: HOOD) started circulating on social media.<\/p>\n<p>As first reported by CoinDesk, Shiba Inu\u2019s price reached a high of $0.00003 during the early Asian hours ahead of a sell-off that saw traders lose most of their intraday gains. Despite an ongoing downturn, SHIB is still the thirteenth-largest cryptocurrency by market capitalization, valued at $17.66 billion.<\/p>\n<p>The meme-inspired cryptocurrency\u2019s price surged after business news account ZeroHedge, with over 1 million followers, said SHIB was going to be listed on Robinhood \u201cas early as February.\u201d<\/p>\n<p>While some users reacted with excitement, others preferred to wait for an official announcement from the company. As CryptoGlobe has been reporting, the Shiba Inu community has created a petition titled \u201cKindly request of Robinhood to list Shiba Inu coin\u201d that has gathered over 555,000 signatures.<\/p>\n<p>In mid-October, the\u00a0petition had around 240,000 signatures. It mentions that Robinhood has listed Dogecoin ($DOGE), a rival meme-inspired cryptocurrency, that was a \u201chuge success\u201d for the trading platform. As CryptoGlobe reported, Robinhood listing Dogecoin was very positive for the firm as its revenue\u00a0increased because of a DOGE trading frenzy seen this year.<\/p>\n<p><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/cryptoglobe.s3.eu-west-2.amazonaws.com\/2022\/01\/SHIBUSDT_2022-01-13_10-41-40-1280x586.png\"><\/p>\n<p>Robinhood\u2019s CEO, Vlad Tenev, has previously denied plans to list SHIB as he noted it \u201cgoes back to security first\u201d and the exchange is \u201cnot generally going to be the first to add any new asset\u201d as it wants to make sure \u201cthat it goes through a stringent set of criteria.\u201d Notably, leading cryptocurrency exchanges like Binance and Coinbase have already listed SHIB.<\/p>\n<p>In November, the platform\u2019s COO Christine Brown has praised the meme-inspired cryptocurrency\u2019s community for expressing what it wants, but failed to detail whether SHIB will eventually be listed on Robinhood or not.<\/p>\n<p>More recently, Shiba Inu landed in Mexico after getting listed on one of its most popular cryptocurrency trading platforms Bitso.<\/p>\n<p><strong>DISCLAIMER<\/strong><\/p>\n<p><em>The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, or other advice. Investing in or trading cryptoassets comes with a risk of financial loss.<\/em><\/p>\n<p><strong>IMAGE CREDIT<\/strong><\/p>\n<p><em>Featured image via\u00a0<\/em><em>Unsplash<\/em><\/p>\n<p>Source: <a href=\"https:\/\/www.cryptoglobe.com\/latest\/2022\/01\/shiba-inu-robinhood-listing-rumors-help-shib-price-surge\/\" target=\"_blank\" rel=\"noopener\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The price of the meme-inspired cryptocurrency Shiba<\/p>\n","protected":false},"author":3,"featured_media":149534,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[49],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Shiba Inu Robinhood Listing Rumors Help $SHIB Price Surge - Pre Coin News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/precoinnews.com\/altcoins\/shiba-inu-robinhood-listing-rumors-help-shib-price-surge\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Shiba Inu Robinhood Listing Rumors Help $SHIB Price Surge - 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