24/7 Cryptocurrency News

Breaking: Robinhood Lists Shiba Inu (SHIB), Prices Jump

Robinhood has finally listed Shiba Inu (SHIB) on its app, after facing pressure from the Shiba Inu community and its customers.
Published by
Breaking: Robinhood Lists Shiba Inu (SHIB), Prices Jump

Robinhood, a commission-free trading app, has finally listed Shiba Inu (SHIB) on its app, after facing pressure from the SHIB community and its customers.

In addition to SHIB, the platform also listed Solana (SOL), Polygon (MATIC), and Compound (COMP).  The prices of all four tokens surged after the move, given that it will attract even more retail interest in the tokens.

Advertisement

Robinhood Adds SHIB, SOL, MATIC, and COMP

Crypto Exchange Listing Bot, which monitors real-time exchange listing, announced in a tweet on April 12 that Shiba Inu (SHIB) has been finally added to the Robinhood app. Moreover, the automated listing bot revealed that it had detected Shiba Inu on Robinhood’s servers.

In an official announcement on its blog, Robinhood said it had listed the four tokens in the wake of growing demand from its customers.

Steve Quirk, Chief Brokerage Officer at Robinhood, said that the new listings came after the firm rolled out crypto wallets for over two million people on its waiting list. He also said that the firm would follow safety protocols to protect investors.

Currently, only buying and selling of these newly listed cryptocurrencies will be available. The deposit and withdrawal services would not be available immediately due to safety issues.

Recently, Robinhood launched crypto wallets for its customers, with about 2 million people on the waitlist.

The app is largely credited with bringing a large amount of retail interest into stock trading, given that it charges zero brokerage fees. It was also at the centre of the astronomical meme stock rally seen last year, which eventually resulted in its public listing.

Advertisement

Prices Zoom Higher For Newly Listed Cryptocurrencies

Robinhood has nearly 20 million monthly active users, mostly young investors seeking to capitalize on the commission-free trading. The price of newly listed cryptocurrencies has rallied higher significantly in just a few hours.

According to CoinMarketCap, the SHIB price surged nearly 10%, with the current price trading at $0.000026. Meanwhile, the prices of SOL, MATIC, and COMP have surged nearly 3%, 4%, and 5%, respectively.

Advertisement

Share
Varinder Singh

Varinder has over 10 years of experience and is known as a seasoned leader for his involvement in the fintech sector. With over 5 years dedicated to blockchain, crypto, and Web3 developments, he has experienced two Bitcoin halving events making him key opinion leader in the space. At CoinGape Media, Varinder leads the editorial decisions, spearheading the news team to cover latest updates, markets trends and developments within the crypto industry. The company was recognized as Best Crypto Media Company 2024 for high impact and quality reporting. Being a Master of Technology degree holder, analytics thinker, technology enthusiast, Varinder has shared his knowledge of disruptive technologies in over 5000+ news, articles, and papers.

Published by
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Recent Posts

  • 24/7 Cryptocurrency News

Breaking: CME to Launch 24/7 Crypto Futures Trading Amid Rising Institutional Demand

Derivatives exchange CME Group has announced plans to begin offering 247/7  crypto futures and options…

October 2, 2025
  • Bitcoin News

Citigroup Predicts Bitcoin Could Climb to $231,000 in 12 Months

Banking giant Citigroup has revised its Bitcoin prediction to $231,000 in the next 12 months,…

October 2, 2025
  • 24/7 Cryptocurrency News

Ethereum and BMNR Rallies as BitMine Drops $1B on ETH, Analyst Hails “Most Bullish Setup Yet”

The Ethereum price and BMNR stock have recorded modest gains thanks to BitMine’s recent $1…

October 2, 2025
  • 24/7 Cryptocurrency News

ASTER Deposits Flows Into Binance Wallets Following CZ Endorsement, Listing Incoming?

In a fresh development, multiple ASTER tokens have been sent to Binance spot wallets, following…

October 2, 2025
  • 24/7 Cryptocurrency News

Avalanche Treasury Seals $675M Deal With Mountain Lake to Build $1B AVAX Vehicle

Avalanche Treasury Co., in partnership with Mountain Lake Acquisition Corp., has unveiled a $675 million…

October 2, 2025
  • 24/7 Cryptocurrency News

Just In: Nasdaq-Listed VivoPower Raises $19M in Equity to Expand XRP Treasury Holdings

Nasdaq-listed VivoPower has stepped up its digital treasury goals with a fresh capital raise aimed…

October 2, 2025