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After going through a phase of consolidation in early October, Shiba Inu (CRYPTO: SHIB) recorded tempting gains. With the crypto meme taking off, Shiba Inu supporters rallied to add it to Robinhood Markets, Inc. (NASDAQ: HOOD).
What happened: A petition to Robinhood posted on Change.org regarding the listing of the Shiba Inu coin on the trading app has now garnered around 2,720 signatures.
“This petition is designed to ask Robinhood to kindly list the Shiba Inu coins to be traded,” the petition states.
While noting that Robinhood has had huge success with its Dogecoin listing (CRYPTO: DOGE), the petitioner stated that Shiba Inu is a similar coin with real potential. He also noted that the Binance crypto exchange listed Shiba Inu.
“Let’s encourage Robinhood to be the first traditional brokerage to get on this train! Thank you,” the petition concludes.
Related Link: How To Buy A Shiba Inu Part
Why this is important: Shiba Inu was founded in August 2020 by an anonymous person known as Ryoshi who is said to be operating from China.
Shiba Inu is a Japanese term for a breed of dog, and this breed is used as a mascot for Dogecoin. Incidentally, SHIB is touted as a Dogekiller and an Ethereum (CRYPTO: ETH) based alternative to Doge.
SHIB started with a 1 quadrillion offer and thereafter Ryoshi locked 50% in Uniswap, then burned the other half to the co-founder of Ethereum Vitalin Buterine To keep safe. Buterin has since used SHIB in the crypto donation for COVID relief in India and then burned 40% of its total supply in a dead wallet.
Shiba Inu supporters are asking to increase the number of signatures for the app to 3,000,000. That number would make the petition one of the best signed on Change.org.
Shiba Inu, which rose from $ 0.000009 on October 3 to $ 0.000013 on October 4, hit an intraday high of $ 0.000035 on October 7 before falling.
At last check, the same crypto was down 5.29% to $ 0.000026.
Related Link: Is Shiba Inu a Good Investment
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