The sudden surge in the price of Shiba Inu (SHIB) garnered a great deal of attention this month, and the cryptocurrency’s pet-meme fan base rallied to promote the upward trending cryptocurrency.
With the spectacular advance, the demand for Shiba Inu’s inclusion in the popular investment platform Robinhood has increased significantly, with thousands of investors contacting the company and “kindly requesting” that the token breed be included to its platform.
Growing calls for inclusion
Signors of the “Dogecoin killer” petition on Change.org have called for trading platform Robinhood to include the popular pet-meme cryptocurrency as a trading option.
“Let’s persuade Robinhood to be the first traditional brokerage to board the cryptocurrency train, the petition stated, while also noting that introducing Dogecoin (DOGE) has been a “great success” for the trading platform and its investors alike.
“Shiba Inu is a similar meme coin that has true promise,” the petition said.
Dogecoin was responsible for a whopping 62% of Robinhood’s cryptocurrency transaction-based revenue in the company’s fiscal second quarter.
The popular commission-free investing platform presently covers a portfolio of seven cryptocurrencies for trading, including Dogecoin.
According to block explorer and analytics site Etherscan, Shiba Inu recently exceeded the 730,000-holder barrier, and while the number is constantly increasing, the Robinhood listing would provide a significant boost.
Number of retail clients soar
“230,000 signatures have been collected, and the campaign is still going strong. Congratulations, gentlemen. You’ve done it. Webull has gotten there first, and already listed SHIB,” Tristan Luke, the petition’s initiator, noted in this week’s update.
“All signs point that Robinhood will follow soon,” he added.
The petition, which has received more than 246,000 signatures and is on its way to reaching the 300,000 mark, reflects Shiba Inu’s large retail customer base, which can also be seen on social networking platforms like Facebook and Instagram.
With its inclusion incentive program growing, the token’s official Twitter account recently reached 1 million followers.
After this week’s launch, the project’s non-fungible token collection, which included 10,000 “lovable creatures” known as Shiboshis, sold out in 35 minutes, thanks to the overwhelming response.
Be First to Comment