Sign Up on MEXC
Shiba Inu community’s focus on the Robinhood listing has led to an online petition with over 500,000 signatures. Now Robinhood COO has dropped a major hint on listing speculations.
Robinhood COO Christine Brown appeared on Yahoo Finance to talk about the company’s future plans and the crypto market. One of the most anticipated questions was regarding Shiba Inu given the hype and online petitions to get it listed on the platform. Brown first praised the meme currency saying that the altcoin possesses some unique features that helped it climb the charts, especially the strong community behind it. She said,
“One of my favorite things is seeing the community around these coins really engage with us and let us know what they want.”
When asked whether the company is looking to list $SHIB, Brown gave more of a diplomatic answer, claiming their focus is on listing safe and secure tokens with a long-term focus and they do a very rigorous analysis before listing any token.
Shiba Inu ($SHIB), the meme currency has been in the limelight for over the past month, thanks to its mammoth 1,000% surge in October that also helped it to flip Dogecoin ($DOGE). The meme currency has also seen great adoption levels where the number of wallets is on the verge of breaching 1 million. AMC Theaters, the largest cinema chain in the US is all set to integrate Shiba Inu as a payment option while mainstream crypto exchanges continue to list new pairs amid huge demand.
Can Shiba Inu Bounce Back From Current Downturn
Shiba Inu’s price has retraced by nearly 50% from its all-time high of $0.000089 and currently trading under $0.000054. Even when the rest of the crypto market surged, $SHIB consolidated in the sub $0.00005 range. Market pundits believe the price would rebound in the coming weeks but might need a catalyst to bring back the bulls.
Many were hopeful that the Robinhood listing would help $SHIB reach new highs, but the recent comments from the company’s COO indicate the listing might not come anytime soon.
- Peter Schiff Criticizes Bitcoin’s Performance Following Gold’s Rally To New ATH
- Arkham Uncovers $5 Billion in Untouched Bitcoin From Germany’s Movie2K Seizure
- Ethereum Spot ETFs Record $447 Million in Outflows Amid Crypto Market Decline
- World Liberty Financial Discloses Reason for Blacklisting 272 Wallets
- September 50 BPS Fed Rate Cut Odds Climb Ahead of CPI, PPI Data
- HBAR Price Forecast: Analyst Targets 123% Rally as ETF Approval Odds Hit 90%
- Solana Price Prediction: Will Solana Hit $320 as SOL Strategies Gains Nasdaq Approval?
- XRP Price Forecast: Analyst Eyes $127 as BlackRock Joins Ripple Swell 2025
- Chainlink Price Eyes $55 as Reserve Holdings Jump With 43,937 LINK Addition
- Cardano Price Targets 30% Surge as Top Economist Calls for Fed Cut
