Petition to have Shiba Inu coin listed on Robinhood gets over 241K signatures from backers

on Oct 15, 2021
  • Robinhood already lists Dogecoin ($DOGE); a rival meme coin to Shiba Inu coin.
  • Shiba Inu (SHIB) is already listed top cryptocurrency exchanges including Coinbase and Binance.
  • Shiba Inu's popularity briefly overtook that of DOGE and BTC on social media earlier this month.

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Shiba Inu supporters have been signing a petition titled “Kindly request of Robinhood to list Shiba Inu Coin,” in mass. The petition is aimed at pushing Robinhood, which is a commission-free trading platform, to list the coin.

So far over 241K backers have signed the petition. The target is to collect at least 300K signatures from supporters.

The petition mentions that Robinhood has already listed Dogecoin (DOGE), which is Shiba Inu’s rival meme-coin and the listing was a huge success for Robinhood especially following this year’s trading frenzy around DOGE coin.

Robinhood currently working on launching wallets

While the Shiba Inu community is working hard to get the coin listed on Robinhood, Robinhood is busy attending to another demand from the cryptocurrency community and that is the need for a safe, secure and simple way of storing digital assets.

The trading platform has already launched beta testing for its wallets and already over one million people have signed up for their waitlist.

While many argue that Robinhood has been taking too long to launch its much-awaited wallets, The chief operating officer Christine Hall assured people that it is all for their benefit. Hall revealed this on social media by saying,

“Transferring crypto on Robinhood is safe, secure, and simple. Many people will be transacting on-chain for the first time and keeping your coins safe is our #1 priority.”

Hall also added that the crypto wallets were just the beginning of the firm’s commitment to making cryptocurrencies accessible to all. She said that the firm has already launched several recurring investments in crypto.

Shiba Inu rising popularity

Shiba Inu has been seeing an exponential rise in its popularity, especially in the last few months. Earlier this month, its popularity briefly overtook that of DOGE and BTC on social media.

Shiba Inu coin (SHIB) holders also crossed the 700,000 mark last month; an achievement that the coin’s community was happy to celebrate on social media.


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