Shocking! Robinhood CEO just revealed Shiba Inu coin listing plan!
Recently Robinhood CEO, Vladimir Tenev was questioned about
Shiba Inu Coin Listing on Robinhood App during his October 21st appearance
on CNBC and MAD MONEY. However, after yesterday’s correction, Shiba Inu’s price
is also under profits but every Shiba Inu holder is waiting for announcement of
shib’s listing on Robinhood. Is this going to happlen soon? How much price pump
can be expected with this listing? And most importantly, What CEO of Robinhood
answered about Shiba Inu Coin Listing? This questions will be answered today.
We will also analyze if this is a good time to invest in Shiba Inu coin or not.
Recently, during CNBC Mad Money, Robinhood CEO Vladimir Tenev
was questioned about Shiba Inu Coin Listing on Robinhood App. When Jim Cramer
host of the show ask whether or not the leading online trading app was intended
to list the Shiba Inu token. He asked “Okay, we like that. Are they dollar cost
averaging into things like what people are chatting about Shiba. Now I feel
somewhat embarrassed to say that they’re talking about Shiba, but that’s what
they’re doing. Are you seeing Shiba being traded? Is it on your platform? Or
will you recognize it on your platform? Tenev said that “Well, I’ve heard a lot
of people in that community of Shiba Inu coin and further statement of
Robinhood confirmed that they don’t want to talk about their decision on the
Shiba Inu coin listing. Yet, he seemingly ducked the question and refused
either to confirm or deny that the listing is indeed going to happen, prompting
even more consideration.
After a heavy post CEO Tenev went on to mention that Robinhood
only offers seven coins and stressed that the company prioritizes safety; “I
think it goes back to safety first. We are not generally going to be the first
to add any new asset. We wanna make sure that it goes through a stringent set
of criteria.” So He neither confirmed nor denied that Shiba Inu listing on
Robinhood by saying “We only offer seven coins currently. And I think it goes
back to safety first, right. So we’re not generally going to be the first to
add any new asset. We want to make sure that it goes through a stringent set of
criteria. And, you know, we’re very proud of our cryptocurrency platform, and
giving people more utility with the coins they have been asking us for the
ability to send and receive cryptocurrencies, transfer them to hardware
wallets, transfer them onto the platform to consolidate. And you know, the
crypto wallets waitlist is well over a million people now, which is very
exciting. We see an opportunity to continue growing that business. But getting
such a question on national television itself a great consideration.
Further, there is an ongoing petition running on chain.org.
this petition has already cross many milestones and has become one of the
biggest petition on chain.org. This petition is started by Tristan Luke and as
request to Robinhood to list Shiba Inu coin to their cryptocurrency exchange platform.
According to this petition Tristan mentioned – This petition is designed to
kindly request of Robinhood to please list Shiba Inu coin to trade. Dogecoin
has been a huge success for Robinhood, and its investors. We have all enjoyed
the ride. Shiba Inu is a similar meme coin with genuine potential, up 2000% in
the last weeks! Gaining new ground by the day. Shiba has just been listed on
Binance, and its momentum grows by the hour. Half the questions when we log
into trading forums ask “How can I buy Shiba??’’ Let’s encourage Robinhood to
be the first traditional brokerage to get on this train! Thank you.
If you haven’t signed it yet I’m also leaving a link to this
petition. Go and sign the petition. Let’s raise the Shib’s army power by
boosting back the social hype of Shiba Inu. We all know that when those coin
got listed on Robinhood it counted for 34% percent of crypto revenue from Robinhood,
helping those to hit an all-time high of the year.
Many Shib’s fan have been gone for it to rise to 1 cent. Fellow
mean crypto those coin has been in a wilderness.
The popular trading app has already had those coins on its
platform. Robinhood as an online discount broker that offers a commission free
investing in trading platform. It is one of the biggest cryptocurrency
exchanges with more than 32 million users, but Shiba Inu is killing those coin
in many aspects. Shiba Inu is getting an intense developer support and social media
hype. Recently, coin base removed those coinbase with shib on their app store
title. How will this listing of Shib on Robinhood affect the price of Shiba
Inu? Listing of Shiba Inu in one of the biggest crypto exchanges will give the
coin massive exposure and more investors will rush to buy the coin. We all know
that price of crypto depends on supply and demand. If demand increases, then
the price of the coin will also get a boost.
Kindly note that the price of cryptocurrencies frequently changes,
so by the time you watch this video it might have change to a whole new whole
value. The information provided in this article does not come into an
investment advice, financial advice, trading advice or any other sort of
advice. And you should not treat any of the content as such. The content on
this article is for educational purposes only and hence should not be
considered as financial advice. Do conduct your own do diligence and consult
your financial advisor before making any investment decisions.
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