Looks like Robinhood just might be thinking of listing SHIB as it has included the coin in its recent customer survey
According to the recent tweet by a prominent SHIB Twitter account, @ShibalnuNews, Robinhood app might be considering adding the “Dogecoin killer” meme currency to the list of trading assets.
Robinhood studying if users like SHIB
The Twitter user has shared a screenshot of a survey that had been e-mailed to them. In it, Robinhood is clearly doing a market research on their customers’ preferences regarding crypto, @ShibalnuNews believes.
The survey asks if users have bought any of the cryptos on the list over the past three months. This list includes Cardano, XRP, as well as meme crypto DOGE and Shiba Inu (SHIB).
BREAKING NEWS: Robinhood is emailing this survey to select users of their platform.
They are including #SHIB as one of the answers to select!
Clearly doing market research on what their consumers want. pic.twitter.com/ovBNV2p0Wl— Shiba Inu News (@ShibalnuNews) October 22, 2021
The community expects Robinhood to add support for trading SHIB soon, hoping that this would bring the SHIB price up to at least $0.01.
Earlier this week, U.Today reported that the meme coin had been listed by Robinhood’s rival – Public. Prior to that, SHIB was added by ZebPay (the oldest crypto exchange in India) and BtcTurk (the largest and oldest digital exchange in Turkey).
US Senate candidate joins the SHIB army
As reported by U.Today on Friday, Shannon Bray, a candidate for U.S. Senate 2022, has joined the Shiba Inu army.
He took to Twitter to state that once SHIB returns to the $0.00003 level, it may well reach a new all-time high soon after that.
The previous historic peak hit by the meme coin this year was $0.0000388 on May 10. At the time of writing, SHIB is changing hands at $0.00002801, as per the data provided by CoinMarketCap.
Meanwhile, the petition on Change.org aimed at Robinhood to get it to list Shiba Inu has exceeded 285,000 supporters who signed it.
However, in a recent interview, the CEO of Robinhood Vladimir Tenev did not confirm or reject the rumor that the company will be listing SHIB soon.
SHIB Community Burned About 2 Billion SHIB in November
There have been a total of 7,409,202 $SHIB tokens burned and two transactions in the last hour.
According to shibburn, the SHIB community, dubbed the “SHIB Army,” burned about two billion SHIB in November. A total of 410,298,489,440,804 of the one quadrillion initial supply has been burned. Tokens that are burned are permanently removed from circulation. The decrease in circulating supply is predicted to raise the price of Shiba Inu in this instance.
According to Shiba Inu’s burn tracker, shibburn, a total of 410,296,586,422,853 SHIB tokens (41.02966%) have been burned from the initial supply of one quadrillion at the beginning of November.
As of Dec. 1, this number had grown to 410,298,449,011,405 (41.02984% of the initial supply), representing a near 1.9 billion increase in tokens burned within the time frame.
Shiba Inu is about to undergo significant alterations that are likely to increase its value and boost its price. Shytoshi Kusama, the SHIB team’s lead developer, recently discussed the potential of Shiba Inu’s gameplay expanding into the “Metaverse.”
Gaming will also facilitate the burning process, as in-app purchases made from the Shiba Inu game will be used to burn a large amount of SHIB to lower the token’s supply. Currently, the SHIB supply is burned only when the owner of a Shiboshi NFT pays $100 in SHIB to change the NFT’s name.
SHIB is trading at $0.00004230 as of press time.
Shiba Inu Has Become Mainstream, Says Mark Zuckerberg’s Sister
There’s room for two canine coins, according to Randi Zuckerberg
Randi Zuckerberg, a sister of Meta CEO Mark Zuckerberg, has recorded a short explainer about canine meme coins, which has been published on her official YouTube channel.
In her video, she weighed in on the surprising success of “Dogecoin killer” Shiba Inu, claiming that the token has gone mainstream.
Despite the rivalry between Dogecoin and Shiba Inu, Zuckerberg believes that there’s room for both of these canine coins:
I didn’t even know there was room for one of those, but apparently there’s room for two.
The former Facebook spokesperson also mentioned numerous spinoffs of the two “flagship” canine coins, including Dogelon Mars.
She then recommended her viewers to “have some fun” with their crypto but not to bet their farm on meme coins, channeling the advice of Tesla CEO Elon Musk.
Earlier this week, Zuckerberg, a long-time crypto proponent, joined cryptocurrency exchange Okcoin as a member of its brand advisory council.
Ethereum Whale Buys Another 28 Billion SHIB Coins
“Gimli,” ETH whale, recently bought 28,236,296,316 SHIB ($1,169,829 USD)
Ethereum Whale ”Gimli” just bought another 28 billion SHIB coins worth a staggering $1.1 million, according to Whale Stats. Despite declines in the Shiba Inu price of late, either whales or large entities are taking the opportunity to accumulate more of the SHIB token.
The famous whale “Gimli” appears to admire Shiba Inu to the point of accumulating SHIB at every opportunity. On Nov. 30, U.Today revealed that the anonymous whale purchased a further 24.8 billion SHIB tokens valued at $1 million.
Overall, the famous ”Gimli” whale now holds 1.2 trillion Shiba Inu coins worth a whopping $52.9 million.
Shiba Inu returned to the spotlight after its 40% rally as Kraken became the latest exchange to allow trading of the Shiba Inu token. Pressure on Robinhood to list Shiba Inu keeps mounting as a Change.org petition in favor of this listing has more than 542,000 signatures at the time of writing.
Shiba Inu was exchanging hands at $0.00004130 as of press time.