Again and again the Shiba Inu [SHIB] The military has proved stronger than ever. However, SHIB’s listing on the prominent trading platform, Robinhood, was certainly a significant milestone. After the increased interest in Dogecoin [DOGE] on the platform, the Shiba Inu community wanted her favorite token to be listed as well. As a result, a plethora of tweets and even a petition were set up urging Robinhood to list the meme coin. Finally, on April 12, 2022, SHIB secured one of the most sought after offers.
Shortly thereafter, SHIB made significant gains. Now, increasing the presence of Shiba Inu and other cryptocurrencies, Robinhood has made a recent announcement.
It allows eligible users to use Robinhood’s crypto wallet feature. This service went live earlier this year and now users would be able to send and receive cryptocurrencies. The latest announcement notes that SHIB would hold its value because Robinhood would not charge for transfers.
At present, Robinhood has listed more than 11 cryptocurrencies. This includes Bitcoin [BTC]Ethereum [ETH]† Solana [SOL]† Dogecoin [DOGE]Shiba Inu [SHIB]Polygon [MATIC]Litecoin [LTC]Bitcoin Cash [BCH]Ethereum Classic [ETC]Bitcoin SV [BSV]Link [COMP] and the newest addition Chain link [LINK]†
Since burns play an important role in the Shiba Inu ecosystem, several people speculated that Robinhood would soon venture into this arena as well.
The number of Shiba Inu holders could soon break its previous records
Shiba Inu’s social media game is truly flawless. The significant amount of followers the network has is giving other popular crypto projects a run for their money. This enthusiasm is also reflected in the number of holders.
Throughout the bear market, the number of SHIB holders has been on an upward trend. Now that the price is witnessing respite, the number of unique addresses has risen again. At this time, the number of SHIB holders stood at 1,196,405.
Additionally, at the time of writing, Shiba Inu was trading at $0.00001111 with a daily gain of 6 percent.