Saturday, January 22, 2022

Shiba Inu Now Bigger Than Nissan and LG Electronics as Petition for Robinhood Listing Gets Over 326,000 Signatures

According to CoinGecko, the price of Shiba Inu (SHIB) attained another all-time high of $0.000053 earlier today.

It’s also worthy of note that with SHIB’s market capitalization hitting $21 billion, Shiba Inu is now bigger than Japanese car manufacturing company, Nissan ($20.07 billion) and South Korean tech company, LG Electronics ($19.88 billion), according to companiesmarketcap.com.

Read Also: Ethereum’s Vitalik Buterin Clears Wallet off Dog Cryptos Worth $4.3 Million

Shiba Inu Now Bigger Than Nissan and LG Electronics as Petition for Robinhood Listing Gets Over 326,000 Signatures

This week alone, the meme coin has surged up to 90%.

Shiba Inu (SHIB) Petition for Robinhood Listing Gets Over 326,000 Signatures

In the meantime, the petition on Change.org, which demands Shiba Inu (SHIB) to be listed on Robinhood, has got over 326,000 signatures.

However, recently, the app’s CEO, Vlad Tenev, stated that Robinhood is being careful with the new coins it lists.

Vlad Tenev noted:

“We feel very very good about the coins that we’re currently listing on our platform and any new coins that we add we want to feel equally, if not more good.”

Still, over the weekend, the platform included SHIB in its customer survey, as well as ADA, XRP, Bitcoin, to learn about their clients’ preferences.

Read Also: Elon Musk Supports Dogecoin Co-Founder in His Quest to Make DOGE Users Run Their Own Nodes

Eric Wall Says Shiba Inu (SHIB) Is Better than Dogecoin (DOGE)

Eric Wall, the CIO of Arcane Assets, recently tweeted to explain why he thinks Shiba Inu (SHIB) is better than the largest meme token, Dogecoin (DOGE).

According to Wall in a series of tweets, the fact that Shiba Inu does not have the issues that Dogecoin does regarding its Litecoin merge-mining makes it a better cryptocurrency than DOGE.

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Additionally, Wall is of the opinion that Shiba Inu (SHIB) is not inflationary by nature and is not vulnerable to Elon Musk’s tweets unlike Dogecoin (DOGE).

Read Also: Dogecoin Millionaire Says He’s Going to Be the Biggest Cardano Supporter, Going “All In” On ADA

Eric Wall tweeted, “SHIB is better than DOGE because it doesn’t suffer from DOGE’s Litecoin merge-mining problem, its inflationary nature and isn’t as sensitive to Elon’s tweets. And also piggybacks and integrates directly with the world’s most common token standard and developed DeFi ecosystem.”

Tobi Loba
Tobi Loba is a passionate writer with over 3 million readers from all over the world. She graduated from a reputable university. She joined the crypto ecosystem about two years ago and has written lots of ebooks and articles in relation to cryptocurrency and blockchain projects.

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