Petition to List Shiba Inu on Robinhood Gains 400K Signatures as SHIB Price Soars

Shiba inu supporters are petitioning on Change.org for the trading platform Robinhood to list the shiba inu token for trading. Robinhood currently lists the meme cryptocurrency dogecoin which made up 62% of the company’s crypto trading volume in Q2.

Petition to Get Robinhood to List Shiba Inu

A petition on Change.org for the trading platform Robinhood to list the shiba inu crypto has garnered almost 400,000 signatures.

At the time of writing, almost 397K people have signed the petition. If the petition gathers 500K signatures, it would become one of the top signed petitions on Change.org.

The petition, started by SHIB supporter Tristan Luke, explains that it “is designed to kindly request of Robinhood to please list shiba inu coin to trade,” adding:

Dogecoin has been a huge success for Robinhood, and its investors. We have all enjoyed the ride. Shiba Inu is a similar meme coin with genuine potential, up 2,000% in the last weeks.

The petition further describes that the cryptocurrency’s “momentum grows by the hour,” noting that “Half the questions when we log into trading forums ask ‘How can I buy Shiba?’”

Robinhood currently offers trading in dogecoin. In its Q2 earnings call, Jason Warnick, the company’s chief financial officer, said: “62% of crypto trading volume was in dogecoin in Q2, which compares to 34% in Q1.”

The shiba inu coin has gained tremendous momentum this week, briefly flipping dogecoin Wednesday. However, DOGE has gained back its place as the ninth biggest cryptocurrency. At the time of writing, SHIB is up 8.2% in the last 24 hours, 150% over the past seven days, and 953% over the past 30 days.

Last week, a smaller platform competing with Robinhood, Public.com, began supporting shiba inu on its platform. Public began offering cryptocurrency trading earlier this month. SHIB is also available for trading on Coinbase. It was listed on Coinbase Pro in June. In September, the Nasdaq-listed crypto exchange announced that SHIB was available on Coinbase.com and in the Coinbase Android and iOS apps.

Not everyone is impressed with the shiba inu coin, however. The “Big Short” investor, Michael Burry, recently said that SHIB was “pointless.” Tesla CEO Elon Musk said this week that he does not own any SHIB.

Do you think Robinhood should list shiba inu (SHIB)? Let us know in the comments section below.

from Bitcoin News https://ift.tt/3bngRb2

Comments

Deep Web Roundup: Dream Adds Monero and Bitcoin Tumbler “Chip Mixer” Launches

The darknet has been quiet of late, which is the way it’s meant to be. No news means no mega busts, honeypots, or mass market shutdowns. Even when it’s out of the spotlight though, the deep web is quietly making news, whether trialling the latest privacy coins or the newest coin mixers that promise to restore a little of the privacy that’s being stripped away from bitcoin users on a daily basis. Also read: U.S. Agency ICE Conducts Investigations That Exploit Blockchain Activity The Battle for Privacy Heats Up Privacy is all relative, but of late there’s been relatively little privacy to be enjoyed by bitcoin users. Blockchain monitoring software is becoming more sophisticated and more common, with U.S. law enforcement agencies using it to profile and hunt down deep web users. Chip Mixer is a relatively new bitcoin tumbler that’s designed to restore some of that privacy. Available on both the clearnet and darknet, the service uses a variety of techniques to obfuscate blockchain m

International Crypto Exchange Luno Adds Bitcoin Cash Trading

Luno exchange has added bitcoin cash trading to the platform following feedback from its client base. BCH is now only the third cryptocurrency available for trading on the exchange, in addition to BTC and ETH , but more options could be on the way once Luno determines that they are credible enough. Also Read: Bitflyer Adds Bitcoin Cash Trading Across Europe and the US Luno Adds Bitcoin Cash Trading Luno, the London-headquartered company formerly known as Bitx, recently announced that bitcoin cash was made available on its cryptocurrency exchange. Starting from Monday, September 23, customers at Luno are now able to store, buy and sell BCH on the platform. The reason given for adding BCH to the exchange is feedback from users in developing markets that convinced Luno to expand their offering from previously just BTC and ETH . Marcus Swanepoel, CEO of Luno, said , “We are in a new and exciting financial era. Developing economies are leading the large-scale adoption and appli

Ombudsman Receives Complaints About Crypto Investments in Spain

The Spanish ombudsman has been receiving complaints about cryptocurrency and how some Spanish citizens investing in these vehicles have lost everything. In his annual report, Angel Gabilondo recognized the rise of cryptocurrencies as a new problem due to the little or no regulation crypto sees in the country. In the same way, the EU has also warned about these assets recently. Spanish Ombudsman Gives His Take on Crypto Angel Gabilondo, the Spanish ombudsman, has given his take regarding cryptocurrencies and the effects they have on citizens investing in some of these projects. Gabilondo said in his yearly report that cryptocurrencies have become “a new problem” during the year examined, with many people having lost all of their funds invested. The report states : Cryptocurrency exchange companies or platforms are not regulated in the legal system, are not subject to any public supervision system, nor do they benefit from deposit guarantee systems. The affected users that sought

breaking news this december get instant daily breaking news

Search This Blog