Shiba Inu coin surges on rumors that it would be listed on Robinhood
Earlier this year, a petition was launched on Change.org to “Kindly request of Robinhood to list Shiba Inu coin!”
Robinhood is a commission-free stock trading and investing app, founded in April of 2013.
Right now, the petition has over 300,000 signatures. In a post on October 14, 2021 by the petition’s originator, he hints at the fact that Robinhood is likely to pick up the cryptocurrency.
The post reads: “230,000 signatures, and still running. Congratulations guys. You did it. Webull has gotten there first, and already listed Shib.
“All indications are that Robinhood will soon follow.”
The petition asks that trading website Robinhood list Shiba Inu as a coin to trade, stating they could be the first traditional brokerage to “get on this train”.
What is Shiba Inu?
Shiba Inu (SHIB) is a decentralized cryptocurrency also known as Shiba Token.
It was created in August 2020 by an anonymous person or team known as Ryoshi.
The cryptocurrency is modeled off of Dogecoin, a meme-based cryptocurrency. The dog depicted on Dogecoin is a Shiba Inu, a Japanese breed.
Shiba Inu goes under the ticker SHIB and there are two other tokens as well, known as LEASH and BONE.