A busy development phase has gotten cryptocurrency firms beyond Robinhood peeling their eyes toward Shiba Inu.
Four crypto projects have listed popular cryptocurrency Shiba Inu this week, with the most notable being Robinhood. The other three were EverRise and FCFPay and Rappi.
DeFi platform EverRise runs a host of products ranging from a staking lab, a personal wallet, and a DAO. Its swap feature, known as EverSwap, listed Shiba Inu on 12 April, enabling users to exchange its native token RISE tokens for SHIB.
Canadian-based crypto payment provider FCFPay also added Shiba Inu as a valid form of payment to its merchants. Other prominent coins on its platform include Bitcoin, Ethereum, Binance Coin, XRP, and more recently, Dogecoin.
Lastly, users will also be able to make payments on the Rappi app with their SHIB tokens. The Colombian-based food and grocery delivery app made headlines recently after announcing a crypto payment pilot program in Mexico. The firm currently operates in nine South American countries.
It’s been an extremely busy week for Shiba Inu, with its metaverse land auction going live amid vivid price fluctuations in the broader crypto market. Sensing potential orders for Shiba Inu, popular trading platform Robinhood listed the tokenless than 48 hours ago.
The listing triggered a 21% price pump, SHIB’s biggest daily gain in over two months. However, since then, SHIB has shown signs of cooling. Its price was ranging between $0.00002814 and $0.00002509 and now awaited a key breakout to push higher up on the chart.