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$40.4 Billion in 24 Hours ROBINHOOD Listing for Shiba Inu Coin SHIB Price Prediction & News

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ROBINHOOD Listing for Shiba Inu Coin



Shiba Inu is literally on fire with a massive gain of over 76% in 24 hours crossing its all-time high. The new record price has been aided by inflows of $40.4 billion between October 23 and October 28 from $11.02 billion to $51.45 billion. 


But, What happened exactly? What did Shytoshi just reveal about Shiba Inu to hit 1 Cent? And most importantly, is it a good time to jump in and buy? or should we sell to gain profits?. These questions will be answered today. Further, We will also disclose the major upcoming projects for Shiba Inu that can affect Shiba Inu's price. 


Shiba Inu, one of the most popular meme tokens, has just logged a new all-time high for the first time since May 11. The Shiba Inu coin hit a new lifetime peak of 872 Satoshi Units after its price jumped 76% within just 24 hours. 


On the other hand, Dogecoin is still down a staggering 68% from its May 8 peak. CoinMarketCap data shows that Shiba Inu has become the most-traded cryptocurrency on Coinbase. 


It is worth noting that Shiba Inu recorded over $60 billion in daily trading volume on America's largest exchange, which is more than Ether, Bitcoin, XRP, Doge, Cardano, and Solana combined. Interesting right? With a market cap of $51.45 billion, Shiba Inu is currently the 7th biggest cryptocurrency. It recently surpassed dogecoin, Polkadot, and even XRP in the overall market cap. 



Also Read:  Shiba Inu CEO announced the crazy plan on hitting one cent - Explained.




What is fueling the rally of Shiba Inu's price?


As reported by U.Today, CEO of Robinhood, Vladimir Tenev awkwardly dodged a question about whether or not the company had such a listing in the pipeline during his interview with CNBC's Jim Cramer earlier this week. He neither accepted nor refused the statement of listing Shiba Inu to Robinhood's platform. 


So, according to experts, Robinhood is all set to list Shiba Inu but wants to make the value of their own announcements than rumors. Further, Robinhood gave the hint of adding Shiba Inu to their platform by broadcasting a survey with the name of Shiba Inu as an option in it. 


a survey with the name of Shiba Inu



According to this survey done by Robinhood, it asks if users have bought any of the cryptos on the list over the past three months. This list includes Cardano, XRP, as well as meme crypto Doge, and Shiba Inu of course. But according to crypto enthusiasts, Robinhood is all set to list Shiba Inu to its platform and we can get this news anytime in the coming days. 





But why this listing is so important for Shiba Inu holders? And How much price pump can be expected after this listing?. 


Listing of Shiba Inu Coin on Robinhood, one of the biggest crypto exchanges will give the coin massive exposure and more investors will rush to buy the coin. We all know that price of crypto depends on supply and demand. If demand increases, then the price of the coin will also get a boost. 


Also, how can we forget when dogecoin got listed on Robinhood, it accounted for 34% of crypto revenue from Robinhood, helping doge to hit an all-time high of the year. Dogecoin price got pumped by over 800% within 24 hours. 


Shiba Inu has more potential than dogecoin and according to us, if Robinhood lists Shiba Inu now, Shiba Inu will definitely cut a few zeroes out and will give a massive profit. Everyone is wondering what made this price pump hit an all-time high. 



Matt Wallace tweet



This hype is so big that crypto enthusiast Coin bureau could not hold him back to acknowledge this. He has been bullish on the Shiba Inu project over the past few months posted a tweet earlier today. Shib is almost in the top 10. Honestly don't know what's driving the rally and at this point, I'm too afraid to ask... Moving Further, Matt Wallace also tweeting bullish on Shiba Inu. Recently, he tweeted, Shib is shocking the world right now!. 



How high can it go?


Getting acknowledgments from such big crypto influencers is really interesting and can push prices further. The next biggest news is massive big purchases of millions of dollars worth Shib are being done by whale holders. 


These can be confirmed by whalestat and etherscan transactions reports. This sounds like something big is coming, and we all know Robinhood is next. 




Is Robinhood really going to list Shiba Inu? If Yes, When?


According to Many crypto influencers and major Shibarmy members, they strongly believe that Robinhood is definitely going to list Shiba Inu and can not ignore the potential of Shiba Inu. 


Robinhood already has Dogecoin on it but Shiba Inu has already proven its potential many times. So, it is very likely that Robinhood is going to list Shiba Inu on their platform soon. 



Also Read: Shiba Inu a coin burn is imminent and When shib will hit one dollar




What Happened to one of the biggest petitions going on to list Shib to Robinhood?


This petition has already crossed many milestones and has become one of the biggest petitions on Change.org. This is interesting to note that, this petition has already received more than 377,000 signatures. 


The target of this petition was 300,000 signatures and has now been set to 500,000 signatures until Robinhood acknowledges the request of the Shiba army to list on their platform. 


It is transparently confirmed that Robinhood listing will push Shib to the moon and Shiba Inu will flip dogecoin in this run. Before moving further, Let's check how Shiba Inu's price is performing today. Shiba Inu is showing a massive 76% gain in just 24 hours. 


Yesterday, the price was quite stable with price but after today's Robinhood listing Rumors and whales purchase, Shiba Inu is showing massive gains. Currently, one Shiba Inu coin is worth 872 satoshi units with the 24 hours trading volume of around 44,800,000,000 dollars. The total market cap of Shiba Inu today is approximate 51,450,000,000 dollars. 



Also Read: Will Safemoon hit one cent this year - explained




So should we hold or sell the tokens?


This question is hitting everyone's mind as all of us are on profit. However, We all know that the Shiba Inu developer team is going to reveal their own blockchain Shibarium, New Family Tokens, NFT based game with multiplayer capabilities like Axie Infinity. 


More catalysts are automatic burning systems and listing on Robinhood. So, according to us, the price will not stop in this last quarter and will raise more. If you are planning to sell, you are still on huge profits. But major price-boosting catalysts are all set to arrive in days or weeks. So hold tight.  



Disclaimer: The information provided in this article does not constitute investment advice, financial advice, trading advice, or any other sort of advice, and you should not treat any of the content as such. The content in this article is for educational purposes only and hence should not be considered as financial advice. Do conduct your own due diligence and consult your financial advisor before making any investment decisions

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