Speculations are rife that leading trading platform Robinhood could list Ripple’s native token XRP in Q1 of 2024. The XRP community is buzzing on social media with a possible listing on Robinhood next year. The rumors are already creating ripples in the cryptocurrency sphere as the listing will be huge if true. Robinhood boasts a userbase of nearly 23 million active users and a XRP listing will open a floodgate of funds into the altcoin.
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The large inflow could spike the price of Ripple’s native token as buying the cryptocurrency will become easier. Ripple’s native token is currently hovering around the $0.59 mark after spiking nearly 13% in 30 days. Read here for a realistic price prediction on when XRP could breach the $1 next.
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Will Robinhood Exchange List Ripple’s Native Token XRP?
Robinhood has not given an official confirmation about listing XRP on its platform. The speculations stem from social media rumors about a possible onboarding. The leading exchange has not provided any details about a listing. Therefore, the social media rumors should be taken with a grain of salt as none of this is confirmed.
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There is no guarantee that Robinhood will list XRP in Q1 of 2024 or any other time for that matter. It is advised to wait for an official statement from Robinhood about a possible listing of the altcoin.
Rumors are also swirling on social media that Robinhood will also list Shiba Inu’s ecosystem token Bone. Read here to know more details about when Shiba Inu’s Bone token could make its way into the Robinhood app.
At press time, Ripple’s native token was trading at $0.59 and is down close to 4% in the 24-hours day trade. The altcoin is also down nearly 83% from its all-time high of $3.40, which it reached in January 2018.