Robinhood Officially Lists Shiba Inu Coin! SHIB jumps 35% to two-month high

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Robinhood 正式上架柴犬幣!SHIB 跳漲 35% 豋兩個月來高點
Blockonomics


Robinhood, an American online brokerage, announced the listing of Shiba Inu Coin (SHIB) and SOL, MATIC, and COMP a total of four tokens yesterday evening. Inspired by this, the price of SHIB jumped 35% from yesterday’s low to $0.00003, the highest level in nearly two months. (Additional background:Robinhood: Bitcoin is the ‘most frequently traded asset on the platform’ so far in 2022, opens crypto wallets to 2 million users)

niceRobinhood, a national online brokerage, officially announced the listing of Shiba Inu Coin (SHIB) and SOL, MATIC, and COMP at 9:00 p.m. yesterday (12th) after months of appeals from supporters.

In order to increase exposure, the official even offered that the first 10,000 users who retweeted the post (@personal Robinhood account required) will receive a $10 SHIB reward, allowing the post to be retweeted more than 34,000 times within half a day.

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David Gokhstein, founder of Gokhshtein Media, said:

The addition of SHIB to Robinhood is a good thing for the crypto space, noting that cryptocurrencies can help attract more users to other top coins like Bitcoin (BTC) and Ether (ETH).

SHIB jumps 35% to near two-month high

Motivated by this news, the price of SHIB jumped 35% from yesterday’s low to $0.00003, the highest level in nearly two months. It then gave back some of the gains and temporarily reported 0.0000266 before the deadline, up 21% within 24 hours.

The prices of the remaining three tokens, Solana, Polygon and Compound, also rose within a short period of time after the announcement, but all rose by less than 5%.

Robinhood: Consumers are willing to invest in cryptocurrencies

Robinhood product chief Chennapragada said at the 2022 Bitcoin Summit last week that “Bitcoin” is the company’s most frequently bought asset so far in 2022, with ethereum (ETH) and dogecoin ( DOGE) is not far behind, occupying the third and sixth place in the list of popular investment products on the platform.

At the same time, Chennapragada also announced that the platform has opened up its cryptocurrency wallet to 2 million qualified users, which is expected to provide more users with a channel to purchase cryptocurrency assets.

📍Related reports📍

Whales buy 99.9 billion SHIB, worth $3.8 million! Travala will accept Shiba Inu coins for payment; Bybit opens spot trading

Zuckerberg’s sister talks about Dogecoin and Shiba Inucoin: “SHIB has become the mainstream of the market”

The total number of Shiba Inu coin addresses has exceeded one million, with a surge of nearly 30%! SHIB’s largest whale buys 270 billion SDOG

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