Shiba Inu went down Wednesday after a recent surge in speculation that it’s Robin Hood, an online trading platform. ((((Hood)-Robinhood Markets, Inc.Get a Class A report for You can add memetic cryptocurrencies to that trading platform.
Shiba Inu was $ 0.000037, 1.29% off at the last check.
If that happens, the move from last month will turn around when Robin Hood Crypto Chief Operating Officer Christine Brown said Robin Hood wasn’t in a hurry to add new crypto coins to its trading platform.
Robin Hood did not immediately respond to the request for comment.
“Looking back over the last 12 months, SHIB’s profits are 22,717,023.9% and are on the list of the top 20 cryptocurrencies by market capitalization,” said Finder fintech and crypto expert Zak Killermann. I am saying.
“Only a few weeks ago, Robin Hood was obsessed with not adding the Shiba Inu to the platform because of the volatility of new coins that would lead to higher risk investments.”
A Change.org petition requesting the addition of the Shiba Inu to Robin Hood received 545,067 signatures.
“Maybe it’s not Robin Hood, and generally cautious investors can be ignored for too long,” said Shiba Inu’s coin, which has been gaining a lot of attention over the past year.
Last month, the US-based exchange Kraken announced that it would list the Shiba Inu from November 30th.
Apart from this, the Shiba Inu is expected to suffer major burns in the coming weeks, and as coins are destroyed or removed from circulation, supply will decline and prices will rise.
According to Broker Chooser analysts, the Shiba Inu was a wild year and recorded the largest increase in both value and popularity in 2021.
One Shiba Inu coin was worth $ 0.0000000003 in September 2020, but increased to $ 0.0000072 a year later.
“It may not seem like a big increase, but it’s actually worth 2.4 million percent, which means that if you invested just $ 10 in the currency in September 2020, it’s 20 in just 12 months. That’s going to be over $ 10,000, “said Broker Chooser.
The Shiba Inu, which reached a record high in October, is also the most popular, and in September 1.5 million people searched for “Shiba Inu coin”, a sharp increase of 2.1 million%.
According to Killerman, the recent rise in Shiba Inu is nothing compared to the massive rise seen in October. “Last month’s overall loss was about 35%, a further warning.”
“SHIB can rise by about 4% in just 24 hours, and social media chatter can continue to rise in the near future, but investors need to pay attention to the bigger trends,” he said. rice field.
“Even if there are plans for AMC Entertainment to accept SHIB as a pay bid by early 2022, investing in SHIB may require close attention to the market to realize profits.”