Robinhood could list Shiba Inu as early as February 2022, reported political news website, Zero Hedge. They also stated that the listing “is about 6 months too late” but is better late than never.
Zero Hedge tweeted in all caps displaying confidence in their statement about the upcoming Shiba Inu’s Robinhood listing. “SHIBA INU ROBINHOOD LISTING SAID TO COME AS EARLY IN FEB. This is about 6 months too late,” the tweet read.
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Shiba Inu immediately shot up to double digits after Zero Hedge’s tweet and spiked +15% in the day’s trade. The meme-token is now displaying extreme bullish sentiments and is rallying positively after the Robinhood listing rumors.
However, Robinhood has not confirmed listing SHIB yet and has mostly remained tight-lipped about the development. Its CEO Vlad Tenev denied a SHIB listing during his chat with Jim Kramer at a CNBC segment. Even its crypto division COO Christine Brown said to Decrypt that “Robinhood is not in a hurry to list SHIB”.
Despite all of these statements, investors firmly believe that Robinhood getting SHIB on board is inevitable. The top exchange firm needs Shiba Inu more than Shiba Inu needs Robinhood. The trading platform saw its revenues dip drastically in its Q3 filings as compared to Q1. Its shares have also dipped to $16 despite opening at $38 per share during its launch in July 2021.
Also, almost all the top 10 exchange platforms around the world have already listed Shiba Inu. Only Robinhood is missing out on the larger share of the revenue pie that the meme-token brings to the table. We will have to wait and watch for an official confirmation from Robinhood about getting SHIB on board.
Also Read: 5 Things You Need to Know About Shiba Inu in 2022
Hey Robinhood, When Shiba Inu?
Rumors about Shiba Inu listing Robinhood began around July 2021 and reached a feverous pitch since September. Social media was splattered with posts on ‘hey Robinhood when SHIB?’ and became a trending topic overnight.
However, this isn’t the first time that a major news publication has predicted a Robinhood Shiba Inu listing. The rumors came from all directions and only Robinhood can put it to rest by getting Shiba Inu on board.
At the time of publishing, Shiba Inu was trading at $0.00003175 and is up +14% in the 24-hours day trade. The meme-token is up a mind-blowingly +28085265.0% since the last 365-trading days. Early investors who held on to the token made a fortune that can last a lifetime.