Traders urged Robinhood to add Shiba Inu to the list with a petition of over 400,000 signatures

The Shiba Inu‘s recent price hike has sparked thousands of backers asking Robinhood to list the asset on its trading platform.

Dealer urged Robinhood, Shiba Inu. to put on the list

Information available on Change.org shows that more than 400,000 people have signed up petition to get the meme coin listed on Robinhood. At the time of going to press, the number is 403,927.

If the petition can reach 500,000 signatures, it will become one of the most signed petitions on the Change.org platform.

The petition’s initiator, Tristan Luke, says the petition “is intended to ask Robinhood to list Shiba inu for trade”.

Luke revealed that Robinhood could replicate the success with Dogecoin by listing Shiba Inu as meme coins.

“Dogecoin has brought Robinhood and its investors great success. Everyone enjoyed the great trip. Shiba Inu is a similar meme coin with real potential that has grown 2,000% in the past few weeks. “

The Change.org petition indicated that one of the most common questions regarding the coin meme is “How do I buy Shiba?”

While Robinhood doesn’t list Shiba Inu on its platform just yet, trading platforms like Binance, Coinbase, and Robinhood’s smaller rival Public.com all support it.

In addition to these centralized exchanges, traders can also buy Shiba through decentralized exchanges such as Shibaswap, Uniswap, etc.

5,000 happy people

According to data from IntoTheBlock, nearly 5,000 traders and investors bought Shiba Inu near its all-time low (ATL), which is currently up over 1,000%.

While there are currently some wallets holding ShiB with a whopping 1,000% return, the majority of addresses who bought SHIB near ATL were most likely sold when the token hit a new ATH.

The 5,000 SHIB owners mentioned in the data are the ones who haven’t sold any of their stocks and are still choosing to sell HODL.

Shiba Inu is currently trading at $ 0.00071 after weeks of uptrends and is the ninth largest crypto asset by market capitalization.

Source: TradingView

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Annie

Bitcoin magazine

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