Cryptocurrency

Shiba Inu (SHIB) and Solana (SOL) Listed On Robinhood

Shiba Inu (SHIB), the hottest meme coin in the market, alongside Solana (SOL), have been listed by the commission-free investing app Robinhood, according to a listing bot.

Crypto Exchange Listing Bot has no individual person sending out tweets and its process is completely automated. Minutes later, the Crypto Bot tweeted that it has detected Solana (SOL) on Robinhood servers as well.

Read Also: What Robinhood CFO Says about the Possibility of Listing New Cryptos like Shiba Inu (SHIB)

Robinhood Confirms Listing Shiba Inu (SHIB) and Solana (SOL)

Moments after the crypto trading bot revealed the listings, Robinhood took to its official Twitter handle to confirm adding support for Shiba Inu (SHIB), Solana (SOL), Polygon (MATIC), and Compound

On the news, the price of Shiba Inu (SHIB) has gained over 8%, outperforming the rest of the top cryptocurrencies amidst a major price downtrend. At the time of writing, SHIB is trading at $0.00002488, according to CoinMarketCap.

Source: robinhood.com

Shiba Inu (SHIB) had been the most requested crypto among the users of the investing app. A petition, which received over 550,000 signatures, was even launched to that effect. But the company refused to state when the digital currency will be listed.

Read Also: Robinhood Responds to the Possibility of Adding Support for Cardano (ADA)

Robinhood CEO Vladimir Tenev and other high-profile executives have repeatedly dodged the burning question about whether or not Shiba Inu will be listed on the platform, fueling speculation within the community.

Back in November 2021, Christine Brown, the chief operating officer of the company’s crypto division, made it clear that the company preferred quality over quantity, seemingly taking a dig at crypto-native competitors with less conservative listing policies.


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Tobi Loba

Tobi Loba is a passionate writer with a vast interest in the stock market. She joined the crypto ecosystem about three years ago and has written lots of ebooks and articles in relation to cryptocurrency and blockchain projects. Tobi Loba earned her degree at the University of Ibadan.

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