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
This week alone, the meme coin has surged up to 90%.
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, 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.
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.”
In recent months, the crypto space has been buzzing with bullish Shiba Inu price predictions,…
The blockchain landscape has evolved tremendously over the past few years, with many projects seeking…
In the expanding universe of cryptocurrency, the tools that enhance ease of use and security…
As we navigate through 2024, the array of crypto wallets expands, but Plus Wallet has…
In a recent tweet, Bitrue, one of the leading cryptocurrency exchanges, sparked a discussion regarding…
On October 21, a documentary featuring some of the most influential names in the crypto…