Recently, Robinhood CEO, Vladimir Tenev was questioned about Shiba Inu Coin Listing on Robinhood App during his October 21 appearance on CNBC's "Mad Money." However, After yesterday's price correction, Shiba Inu's price is also under profits.
But, Every Shiba Inu holder is waiting for the announcement of Shib listing on Robinhood. Is this going to happen Soon?. How much price pump can be expected with this listing?. And most importantly, What CEO of Robinhood answered about Shiba Inu Coin Listing?. These questions will be answered today. We will also analyze if this is a good time to invest in Shiba Inu coin or not?.
Also Read: 32 billion shib tokens dumped! Shiba Inu rebounds 40% shib coin will rise more
What CEO of Robinhood answered about Shiba Inu Coin Listing?
Recently, during CNBC's Mad Money, Robinhood CEO, Vladimir Tenev was questioned about Shiba Inu Coin Listing on Robinhood App. When Jim Cramer, the host of the show, asked whether or not the leading online trading app was intended to list the Shiba Inu Token.
He asked, "Okay, we like that. Are they dollar-cost averaging into things like what people are chatting about Shiba? Now I feel somewhat embarrassed to say that they're talking about Shiba, but that's what they're doing. Are you seeing Shiba being traded? Is it on your platform? Or will you recognize it on your platform?"
Teven said that he had heard a lot of people in that community. Tenev said that he heard much about the community of Shiba Inu coin. And further statements of Robinhood confirmed that they don't want to talk about their decision on the Shiba Inu coin listing.
Yet, he seemingly ducked the question and refused either to confirm or deny that the listing is indeed going to happen, prompting even more consideration.
After a heavy pause, CEO Tenev went on to mention that Robinhood only offers seven coins and stressed that the company prioritizes safety. “ " So he dodged the question and neither confirmed nor denied the Shiba Inu listing on Robinhood by saying. "We only offer seven coins currently. And I think it goes back to safety first, right.
So we're not generally going to be the first to add any new asset. We want to make sure that it goes through a stringent set of criteria. And, you know, we're very proud of our cryptocurrency platform and giving people more utility with the coins they have.
As a matter of fact, we rolled out our wallet's waitlist. A lot of people have been asking us for the ability to send and receive cryptocurrencies, transfer them to hardware wallets, transfer them onto the platform to consolidate.
And you know, the crypto wallets waitlist is well over a million people now, which is very exciting. We see an opportunity to continue growing that business." But Getting such a question on national television is itself a great consideration.
Further, there is an ongoing petition running on change.org. This petition has already crossed many milestones and has become one of the biggest petitions on Change.org. This petition is started by Christin Luke and is a request to Robinhood to list Shiba Inu Coin to their cryptocurrency exchange platform.
According to this petition, Christin mentioned.: This petition is designed to kindly request Robinhood to please list Shiba Inu coins to trade. Dogecoin has been a huge success for Robinhood, and its investors. We have all enjoyed the ride. Shiba Inu is a similar meme coin with genuine potential, up 2000% in the last weeks! Gaining new ground by the day.
Also Read: Shytoshi Announced One cent Is Possible: Shiba Inu Coin will hit One Cent in 2021
Shiba has just been listed on Binance, and its momentum grows by the hour. Half the questions when we log into trading forums ask "How can I buy Shiba!??" Let's encourage Robinhood to be the first traditional brokerage to get on this train! Thank you. This is interesting to note that, this petition has already received more than 285,000 signatures. The target of this petition is set to 300,000 signatures.
We all know that when dogecoin got listed on Robinhood, it accounted for 34% of crypto revenue from Robinhood, helping doge to hit an all-time high of the year. Shiba Inu has more potential than dogecoin and according to us, if Robinhood lists Shiba Inu now, Shiba Inu will definitely cut a few zeroes out and will give a massive 10 times profit.
With such a big petition, We can expect Shiba Inu on the Robinhood platform in the next coming weeks. What are your thoughts about these listings.? Will it help Shiba Inu to reach 1 cent?. Do let us know in the comment section below.
Meme cryptocurrency Shiba Inu has been on a fire literally. While many Shib fans have been gunning for it to rise to 1 cent, fellow meme crypto Dogecoin has been in the wilderness. Meanwhile, Shib Fans have been lobbying to get Robinhood to add the crypto.
The popular trading app already has Dogecoin on its platform. Robinhood is an online discount brokerage that offers a commission-free investing and trading platform. It is one of the biggest cryptocurrency exchanges with more than 32 Million users.
But, Shiba Inu is killing dogecoin in many aspects. Shiba Inu is getting intense developer support and social media hype. Recently, Coinbase removed the Dogecoin name with Shib on their AppStore title.
How will this listing of Shib on Robinhood affect the price of Shiba Inu?
Listing of Shiba Inu Coin on one of the biggest crypto exchanges will give the coin massive exposure and more investors will rush to buy the coin. We all know that price of crypto depends on supply and demand.
If demand increases, then the price of the coin will also get a boost. So, according to us, the price will not stop in this last quarter and will raise more. If you are planning to sell, you are still on profits. But these major price-boosting catalysts are all set to arrive in days or weeks. So hold tight. Don't forget to share your buy or sell thoughts in the comment sections down below.
Also Read: Shiba Inu coin leading the transaction volume and surpassing dogecoin
Disclaimer: The information provided in this article does not constitute investment advice, financial advice, trading advice, or any other sort of advice, and you should not treat any of the content as such. The content in this article is for educational purposes only and hence should not be considered as financial advice. Do conduct your own due diligence and consult your financial advisor before making any investment decisions.