Shiba Inu Cryptocurrency Rises With New Robinhood Rumors; Dogecoin also rises By THE CEO

Shiba Inu Cryptocurrency Rises With New Robinhood Rumors; Dogecoin also rises

rose above double digits this Thursday morning leading gains among major cryptocurrencies, amid rumors of its listing on Robinhood (NASDAQ:) Markets.

According to Investing.com, Shiba Inu is ranked at number 14 in the ranking of the main cryptocurrencies, with a market capitalization of 17.5 billion dollars.

As the currency soared this morning, other memecoins like it was also propelled above double digits, and is currently ranked number 12 of the top cryptocurrencies.

The price charts suggest that the move followed a bounce from the resistance-turned-support levels of 0.000027. However, the tokens remain in a broader downtrend as prices have fallen 62% since hitting all-time highs of $0.00008 in October 2021, according to Coindesk.

“The Shiba Inu Robinhood list is said to be coming as soon as February,” ZeroHedge notes on Twitter.

Also read: Shiba Inu eclipses Dogecoin and becomes the ninth cryptocurrency with the highest market value

Last October, Vlad Tenev, CEO of Robinhood, denied plans to include Shiba Inu in the app.

“It’s about safety first, right? Therefore, we will generally not be the first to add any new assets. We want to make sure it goes through a strict set of criteria,” he said in an interview with CNBC.

For its part, Name, one of the largest cryptocurrency exchanges in Mexico by trading volume, accepted Shiba Inu.

bitcoin goes back
The has registered volatile days so far in 2022, after recuperate yesterday, this Thursday it went back again.

At the close of the market, bitcoin fell 2.58%, at a price of 42,776.7 dollars, according to data from Investing.com.

At the beginning of this year, bitcoin started off on the wrong foot, since last Monday, the cryptocurrency hit a session low below $40,000, its lowest level since late September.

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Shiba Inu Cryptocurrency Rises With New Robinhood Rumors; Dogecoin also rises By THE CEO

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