Shiba Inu (SHIB), a high-flying rival to Dogecoin, made waves recently when it ended up being the ninth-largest cryptocurrency by market capitalization, efficiently taking over the location long held by Dogecoin (DOGE).
Now, Shiba Inu bulls may be in for a double whammy. We’ve continued to keep in mind that the SHIB token was nearing a listing on the Robinhood brokerage platform So, why is a prospective listing of Shiba Inu’s SHIB coin on Robinhood such a huge offer? Well, the brokerage platform stays popular with retail financiers attempting to get direct exposure to popular crypto names. Dogecoin, a cryptocurrency that experienced a comparable momentum outburst previously this year, had actually likewise signed up outsized gains in the runup to its listing on the popular brokerage platform.
Moreover, Elon Musk’s Tesla ( NASDAQ: TSLA) may likewise begin accepting Shiba Inu quickly. To wit, the name “SHIBA” has actually been discovered hiding within Tesla’s payment processing system’s code.
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