For the Shiba Inu (SHIB) community, which did its best to be listed on the Robinhood exchange last year, the Robinhood CEO said that the listing would take place as soon as 2021 ends. With the announcement made today, the Shiba Inu has been added to the Robinhood exchange. This news was enthusiastically received among the Shiba Inu (SHIB) community.
Along with Shiba Inu (SHIB), Solana-based altcoins, Polygon's native token MATIC, and Compound (COMP) were crypto assets added to the Robinhood trading platform. However, as of now, cryptocurrencies do not appear to be open to trade yet.
Last year, Robinhood CEO Vlad Tenev said that the platform has no reason to list the Shiba Inu (SHIB) token any time soon. In response to the high demand, he stated that security is above every criterion and stated that they do not want to go beyond the SEC registration requirements for cryptocurrencies.
The Shiba community, on the other hand, has never given up on Robinhood. In addition to their pressure on social media platforms, they collected more than half a million digital signatures with the Change.org signature campaign for the Shiba Inu (SHIB) token to be listed on the US-based stock market. The fact that the Robinhood platform already allows the trading of its most rival Dogecoin has been the mainstay of the Shiba community.
Since the news of the Shiba Inu (SHIB) token's listing on the Robinhood exchange began to spread, SHIB/USD has risen by over 15% to as high as $0.00025 and continued its upward momentum into the evening hours.
The Shiba Inu (SHIB) price is around $0.000026 at the time of writing, according to CoinGecko data. The last 24-hour trading volume of Shiba Inu (SHIB) is $2,911,217,075.