RobinHood is one of the most popular companies among investors who are interested in working on cryptocurrency. It’s officially known that most of its revenue this broker gets exactly as a commission from the purchase of tokens. About 3 of RobinHood’s revenue came from the commission for working with the cryptocurrency Dogecoin.
But, there is another altcoin, the appearance of which would be logical, many investors note it.
So what is this cryptocurrency that all users of the broker RobinHood so dream about
Shiba Inu is a cryptocurrency that is based on memes. It has a certain goal, to become more expensive than Dogecoin. Which in itself sounds funny, since Dogecoin is also a virtual coin that appeared as a joke. Now the two cryptocurrencies are competing to see who will be the leader in the world of dog cryptocurrencies.
Shiba Inu does not officially have a founder, it appeared completely anonymous and had a starting value – a small fraction of a cent. Following from the name, no one is surprised that the logo of this cryptocurrency is a dog breed Shiba Inu. It got all of its major growth thanks to a mention on Twitter of this cryptocurrency from Ilon Musk on October 3.
After that announcement, the value of the Shiba Inu tripled in a few days and the demand for it held high for a while longer. But for some reason, RobinHood is ignoring this cryptocurrency.
Shiba Inu has fan groups that are trying to popularize the interest in this coin and they’ve already collected about 300,000 signatures on the change.org petition site.
The text of this petition shows that many well-known crypto-exchanges allow trading this coin, but no serious brokerage company is still working with it. Investors are perplexed, because they don’t know how to buy it. Many investors are trying to clarify in the forums, where they can buy this dog-coin.
What awaits DOGE and RobinHood in prospect?
RobinHood didn’t comment on this petition that they will expand the list of their altcoins, but it’s still unclear if this brokerage company has plans to add Shiba Inu to the list of assets.
However, the owners of this brokerage company based on the success that has been associated with the Dogecoin coin should not miss out on their earnings and satisfy the desire of individual investors. This could increase the demand for RobinHood’s trading platform.