(Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. Every investment and all trading involves risk, so you should always do your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.)
Well, the question of “Wen Robinhood” has finally been answered. The announcement was made this morning by Robinhood through Social Media and direct emails to Robinhood clients. After the announcement, some users reported a lag in the system due to the news listings and the popularity of the cryptocurrency being listed. There was massive buying that propelled Shiba Inu to climb by almost 20%.
Robinhood has also announced that they will be giving away 100,000 USD in Shiba Inu as well tweeting “We dropped new crypto And we’re giving away $100K of it. Quote tweet this tweet with your Robinhood Username (@ included!) to get some #RobinhoodCrypto The first 10K quote tweets will receive $10 of SHIB.”
The Shiba community is celebrating as it has now been listed on every Major CEX exchange. Another interesting fact is that major ETH whales seemed to somehow know that the listing was coming to Robinhood as yesterday “Light” and “Bombur” purchased 393 Billion Shib just hours before the listing occurred. According to Robinhood, over 2 Million wallet users were given access to crypto less than a week ago.
CEO Vlad tweeted out a joke due to all of the “Wen Robinhood” comments over the last few months that welcomed the #SHIBARMY.
There is so much going on in the Shiba Inu Ecosystem including the announcement that Shibarium will be set to BETA soon, the land purchases soon to be made available for Shib The Metaverse, and the Shib burn portal all coming within the next few months. Many analysts are predicting that a new ATH will be reached by the Summer of 2022 once these new projects are unleashed.