- Robinhood listed Shiba Inu, Polygon’s MATIC, and Compound’s COMP tokens on Tuesday.
- Retail merchants and Twitter customers have lengthy referred to as for the platform so as to add the favored meme token.
- Shiba Inu soared about 8% Tuesday.
Robinhood was trending on Twitter Tuesday morning as customers celebrated the itemizing of shiba inu coin on the favored buying and selling app.
The buying and selling app additionally listed Solana, Polygon’s MATIC, and Compound’s COMP tokens. Shiba inu surged roughly 8%.
Crypto traders had been eagerly anticipating the addition of shiba inu to the app, and a few have speculated that Robinhood’s declining crypto buying and selling income would compel it so as to add extra altcoins and meme tokens to the platform.
Earlier than the current listings, Robinhood provided seven cryptocurrencies, together with bitcoin, ether, and dogecoin.
Robinhood’s new additions come lower than per week after it introduced on the Bitcoin 2022 convention that it had begun rolling out its crypto wallets to its 2 million-strong ready listing.
Customers of Robinhood’s WenWallets can ship and obtain cryptocurrencies, and in addition buy NFTs.
“With Wallets, prospects may have full entry to their crypto, and might use it to take part within the crypto ecosystem—by tipping on social media, paying for NFTs and extra,” Robinhood mentioned in a press launch, including there’ll no price to withdraw crypto from the corporate.
Shiba inu coin soared 45,000,000% in 2021, as meme cash rallied alongside different speculative investments through the course of the pandemic.
