Robinhood Shiba Inu Listing Not Happening This Year, Especially After the Recent Security IncidentNovember 18, 2021
With Robinhood’s recent security incident that leaked over 5 million users’ names and email addresses, don’t expect a Robinhood Shiba Inu listing this year.
As Robinhood deals with the data leak, chances are the team isn’t going to have the extra resources to navigate through regulatory red tape in order to list SHIB on their platform.
Robinhood Shiba Inu Listing Rumors
There have been rumors surrounding a potential Shiba Inu Robinhood listing since last month, when the SHIB community created a Change.org petition, asking Robinhood to list the token.
While the petition received over 500,000 signatures, Robinhood still refused to list the cryptocurrency. Moreover, when attending a crypto live event and being asked by the host “When SHIB?” Robinhood’s COO, Christine Brown said:
“the short term gain that [Robinhood] might gain, is not worth the long term trade off for our users.”
Kraken Shiba Inu Listing
While we may not see a Robinhood listing for Shiba Inu anytime soon, Kraken has been hinting at potentially adding SHIB as early as this week!
Kraken’s product lead Brian Hoffman, tweeted a Shiba Inu meme saying “feeling good about this week.” Whether that means that we may see a SHIB listing on Kraken this week is up for debate, but I wouldn’t rule it out just yet.
Shiba Inu is currently trading at $0.000046, attempting to hold current support. As Ethereum and Bitcoin’s price aren’t doing too hot, it’s understandable that SHIB’s price is also struggling.
While in recent news there has been some FUD surrounding Shiba Inu, the long term outlook for SHIB is positive. In addition, since December is one of crypto’s hottest months, SHIB might still surprise us by the end of the year.
Disclosure: This is not trading or investment advice. Always do your own research when purchasing any cryptocurrency.
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