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Petition to List Shiba Inu ($SHIB) on Robinhood Closes in on 250,000 Signatures

Petition to List Shiba Inu ($SHIB) on Robinhood Closes in on 250,000 Signatures


Supporters of the popular meme-inspired cryptocurrency Shiba Inu ($SHIB) have been signing a petition asking commission-free trading platform Robinhood (NASDAQ: HOOD) to list their cryptocurrency on their platform.

The petition, titled “Kindly request of Robinhood to list Shiba Inu coin” has, at press time, over 241,600 signatures from backers and is looking to reach 300,000. It mentions that Robinhood has listed Dogecoin ($DOGE), a rival meme-inspired cryptocurrency, that was a “huge success” for the trading platform.

While the cryptocurrency’s community rallies behind a Shiba Inu listing, Robinhood has been answering another call from the cryptocurrency community: wallets where they can freely move their funds on-chain. Robinhood has already launched beta testing for these wallets, and has seen over a million people sign up for their waitlist.

Christine Hall, the firm’s chief operating officer, has revealed on social media that Robinhood has been taking too long to launch wallets because the firm wants to make sure “that transferring crypto on Robinhood is safe, secure, and simple. Many people will be transacting on-chain for the first time and keeping your coins safe is our #1 priority.”

Hall added that wallets are “just the beginning of our commitment to making crypto accessible to all,” and that the firm has launched recurring investments in cryptocurrencies. As CryptoGlobe reported, Robinhood listing Dogecoin was very positive for the firm as its revenue increased because of a DOGE trading frenzy seen this year.




Shiba Inu has already been listed on various top cryptocurrency trading platforms including Binance and Coinbase. The cryptocurrency saw its popularity briefly overtake that of BTC and DOGE on social media earlier this month.

SHIB saw the number of token holders on chain surpass the 700,000 mark last week, an achievement that the community celebrated on social media.

DISCLAIMER

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.

IMAGE CREDIT

Featured image via Unsplash





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