SHIB price rises again by 30% as Robinhood considers adding the crypto

Shiba Inu (SHIB) continues its great rally. The SHIB price has risen again by more than 30% today. As a result, the token has reached a new ATH above $0.00005740.


Is Robinhood going to add SHIB?

The growing hype around Shiba Inu is caused by the fact that it was recently revealed that there is a good chance that platform Robinhood will add the coin to its trading app. If this popular App does indeed add SHIB, it could lead to huge trading volumes and price increases.

An petition on Change.org asking Robinhood to list Shiba Inu has now gathered more than 326,000 signatures. Speaking to Bloomberg, Robinhood’s CEO, named Vlad Tenev, said they would carefully consider the option to add this cryptocurrency to its offering.

“We have a good feeling about the coins that we currently offer on our platform and about all the new coins that we add, we want to feel as good, if not better,” Tenev said.

That Robinhood will seriously consider the petition is actually certain. The trading platform has previously made a fortune trading Dogecoin. According to the latest reports, 64% of the app’s crypto revenue was generated by trading DOGE tokens.


Shiba Inu investors leave Musk’s tweet behind

Earlier this week, less good news came out for SHIB investors. Elon Musk said in a comment on Twitter that he does not own any SHIB tokens. Musk’s comments caused a brief slump in SHIB price on Monday, but investors quickly shook off this negative sentiment. It seems that the investors are determined to get Shiba Inu in the top ten largest cryptos.

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