The number of Shiba Inu investors is growing every
single day, and the coin has recently become more popular on the coinbase trading platform. As the
number of Shiba Inu Coin investors grows, there is pressure on Robinhood to add Shiba Inu Coin
to its platform. What are the plans of Robinhood concerning Shiba inu growth? When will the Shiba
Inu be added to the database? In today's video, I'll answer all of these questions and more. The
insider information from Robinhood about the rush to list Shiba Inu coin will also be discussed.
You need to stay updated about the Shiba Inu coin and Robinhood. So, make sure you watch the video
until the end. Do not forget to like the video, subscribe, and comment down what you think about
shib tokens. With no more excuses, let's get started. Shiba Inu, the meme crypto currency, has
literally been on fire. Dojecoin, the other meme crypto currency, has been in the wilderness while
many Shib supporters have been aiming for it to rise to 1 cent.
Shiba Inu's ranking has risen
from 53 to 12, according to Coin Market Cap. Shiba Inu value dropped after a recent token
sell-off of 32 billion tokens. Shiba Inu, on the other hand, has returned with yet another strong
rally, and the price has risen by over 16% in the last 24 hours. There's nothing stopping Shiba
Inu rise, not even with massive whale sell-offs. While this is going on, Shiba Inu supporters
are urging Robinhood to include crypto currency. Dogecoin is already available on Robinhood's
platform, a popular trading app. Every day, billions of dollars worth of Shib are traded,
with a much higher buy-to-sell ratio. Those who own shib buy the dips and have a large number
of shib tokens on hand.
Before we get to the important Robinhood updates, let's take a
quick look at Shiba Inu current position. This coin has recovered with a massive
gain of around 16% in the last 24 hours, following a recent price correction. Shiba
Inu coin's value is currently $0.000031, with a 24-hour trading volume of approximately
$6,789,441,342. As of today, Shiba Inu has a market cap of roughly $11,355,079,085. Shiba
Inu is currently the 14th most valuable crypto currency by market capitalization. "Dojecoin
killer Shiba Inu is ready to rally after launching 10,000 NFTs on ShibaSwap," according to the
Shiba Inu Twitter account. Shiba Inu developers, according to Shytoshi Kusama, plan to release
10,000 NFT tokens as part of a massive Shib token burn. NFT buyers will also be able to change
the Shiboshi they purchase name by burning Shib. As with Axie Infinity, the announcement hints
at another gaming or play-to-earn launch. As a result of the Shib token burn, the
circulating supply will be reduced, resulting in an increase in token price.
be ready for a Shiba Inu price boost as a result. He revealed that CoinBurn has been confirmed,
and that every Shib holder can support the burn process by releasing 10,000 NFTs Shiboshis. "I am
proud to announce the name for our 10,000 NFTs: Shiboshis!" he wrote on Medium. Ten thousand
adorable NFTs are generated at random and only accessible through Shiba Swapp to be traded for
Shiboshis. From now on, Shiboshis will only be accessible to LEASH holders. To make matters more
interesting, each person who purchases an NFT has the option of renaming the NFT by burning Shib. We
can see one of Shib's many burn mechanisms in the near future through this burning process. This
is only the beginning of the burning procedure. More burning mechanisms are being developed by
developers, which will aid in Shiba Inu's rapid expansion. The next burn plan, for example,
involves a partnership with now payments.io. Shiba Inu will be burned in proportion to the
amount of money you send through the Now Payments payment gateway.
Another blockchain being
developed by programmers is dubbed Shibarium. It is currently in the testing phase, but it is
expected to go live as early as the fourth quarter of 2021. This meme coin is fortunate to have such
a vibrant community. The important question is, when will Shiba Swapp support these NFTs? Even
though the exact date hasn't been announced, Shytoshi has revealed that NFTs or Shiboshis will
be available for purchase in the next one or two weeks, depending on the model.
In addition, he plans to add a medium-sized post to accommodate future plans from Shib Developers.
Subscribe to the Crypto vision channel and enable the bell icon notifications if you want
to be the first to know about the update. Shib holders, should know what to expect in 202.
Will it go up or down from here? It's not just because of the Shiba Inu hype on social media
that almost all Crypto experts and analysts are bullish on Shiba Inu.
That's all in this last
quarter because of the Robinhood listing and developer projects like NFTs that let people
earn money while owning their own blockchain and Riyoshi Token. Shiba Inu's price, according
to FX street reports, could rise to $0.000092 by the end of the month. If this happens, the
Shiba Inu coin will reach a new all-time high. And for the millions of token holders who
have been patiently waiting in their wallets, this will be the beginning. In my opinion, a
Robinhood listing for Shiba Inu can easily remove 1 zero from its price, allowing it to reach
$0.00014 in no time. Burning takes time, but Shib is expected to rebound within the next three
months. Shiba Inu value will skyrocket following the completion of this burn.
Will shiba inu coin
keep rising? After a meteoric rise last week, Shiba Inu (SHIB) is still in a bull market. By the
time the rally peaked, SHIB had risen by over 400% in just a few short hours, with the asset rallying
by 267 percent. Several factors have been cited as the cause of its sharp increase in price. One of
the most well-known factor, was Elon Musk's tweet about his new pet Shiba Inu, which he got a month
earlier. However, the asset's price recovered at a time when massive amounts of coins were being
dumped, causing a drop in its value.
At this point, SHIB had risen to a new six-month high, and
the selling pressure was building in the market. This was largely due to the meme coin's history,
which shows that it has no real utility aside from the marketing hype it has received. Assets
worth 1 million to 10 million SHIB were dumped in the asset's largest dump. After a brief price
rise, the digital asset saw a record-breaking drop in value, according to data from Santiment.
Holders reportedly dumped 31 billion coins. Most of them came from wallets containing
anywhere from one million to ten million SHIB. An interesting fact about this dumpsite: most of
the trash was being dumped by small-time traders. It's been surprising to see how well the Shiba Inu
whales have behaved during the rally.
Meanwhile, small-time investors sold off their holdings
and transferred the proceeds to micro investors. Because of the dump patterns, the asset's price
has been shaky and its hold on its new highs has weakened. Even so, the impact on the market would
be short-lived because the digital asset's price had recovered from its Thursday lows, with a green
seven-day trading average of 83.45%. When, will Robinhood list Shiba inu token? This then raises
the age-old issue of "When will Shiba Inu appear in Robinhood?" Robinhood is a well-known retail
trading platform. Also, since early January, it's been the go-to for meme trading. It's also
one of the few exchanges that allow users to purchase crypto currencies directly from the site.
Because, it lets people buy Bitcoin and Dojecoin, the app has been a huge hit. Robinhood is
upfront and honest about its growth prospects. Customers will soon have access to a crypto
wallet that allows them to easily move their crypto assets on and off the platform. There has
been a lot of talk from the company's executives about how they want to expand their crypto-tools,
including their coins.
When it comes to catching the attention of Robinhood, Shiba Inu traders work
extremely hard. Nearly 200,000 crypto traders and Robinhood users have signed a petition calling for
the coin to be added to the app. The gains of the last month have also been used by SHIB supporters,
crypto influencers, and everyone in between, leveraging social media to nudge the company to
make it happen. It's still unclear whether SHIB will be listed on the Robinhood. Dogecoin, on the
other hand, was listed by the company at a time when it was only worth a few cents in
2018. SHIB is in a similar situation, and the stars are aligning for something to happen
because of the fervent support it has on social media and its multi-hundred-percent gains.
for watching the video until the end, do not forget to like the video, subscribe, and comment
down what you think about Shiba Inu tokens.