Shiba Inu Petition To List SHIB on Robinhood Has Over 265,000 Signatures
Shiba Inu (SHIB) community has started a petition to list SHIB on Robinhood trading app, and already over 265,000 Shiba Inu fans are behind the initiative.
Many know Robinhood as the go-to platform for investors who are looking to invest in Dogecoin. The trading app gained popularity during the meme stock craze in 2020, and subsequently, the meme coin craze which had Dogecoin at the forefront. Its easy-to-use interface was the driving force behind the adoption and has since then held its reputation as the place to trade Doge.
SHIB holders are interested to get involved. The community is asking the Robinhood leadership to consider listing Shiba Inu on the platform so they can also trade the meme coin on its trading app.
The petition was started by a supporter known as Tristan Luke on petition platform Change.org. The petition which was created months ago had been slowly gaining traction. However, the recent rally of SHIB price, the support has found its way to the petition. it has over 265,000 signatures.
Many skeptics predicted a short lifespan for Shiba Inu. However, the meme coin has done the exact opposite. Now in its sixth month of being in the market, the asset has gained support to the level of top coins in the market.
Last week that SHIB had been the most talked-about cryptocurrency on social media worldwide. It had claimed this position ahead of top coins like Bitcoin, Ethereum, and even beloved meme coin Dogecoin. Its recent rally saw the asset claim the 12th spot on the list of biggest cryptocurrencies by market cap. At the time of writing SHIB ranks #19 crypto asset by market cap with a current market cap of $11 billion.
Given the asset’s growth, it will not be farfetched for a trading platform like Robinhood to consider listing SHIB for investors to trade. It will no doubt promote adoption for Robinhood and would allow existing customers to invest in the platform instead of taking their money elsewhere.
Robinhood has so far not made any comments regarding the petition. But with the number of signatures it has garnered in the past month, we expect that Robinhood will come forward with a response for the community.
