Shiba Inu's 100% Jump Intensifies Calls For Robinhood Crypto Listing
ndtv.comSome investors are betting big on Shiba Inu, hoping to find quick returns.
New Delhi: Robinhood's users would very much like the opportunity to spend their money on a joke based on another joke.
Individual investors are calling for Robinhood Markets Inc. to list the meme coin of the moment, Shiba Inu — a cryptocurrency that takes its name from the canine mascot of Dogecoin, itself a parody of Bitcoin.
By almost every conventional financial metric used to value an asset, SHIB — as it's known — is essentially worthless. But in the crypto dimension, not only does it have value, but that value has also soared 100% over the past week, giving it a total market capitalization — at least theoretically — of more than $32 billion.
@RobinhoodComms@Robinho
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