In October, the price of Shiba Inu skyrocketed, and the Shiba Inu community rallied to its cause.
Following the strong rally, demand for Shiba Inu’s inclusion in the popular investment platform has grown, with hundreds of investors contacting Robinhood to “kindly request” its inclusion.
The petition
Supporters of the “Dogecoin killer” have been signing a Change.org petition requesting trading site Robinhood to include the popular pet-meme cryptocurrency for trade.
“Let’s encourage Robinhood to be the first traditional brokerage to get on this train,” the petition said, adding that introducing Dogecoin (DOGE) to the trading platform and its investors had been a “huge success.”
“Shiba Inu is a similar meme coin with genuine potential,” the petition continued
Dogecoin accounted for 62 percent of Robinhood’s cryptocurrency transaction-based income in the second quarter.
Including Dogecoin, the famous commission-free investment site now offers a trading portfolio of seven cryptocurrencies.
According to block explorer and analytics site Etherscan, Shiba Inu just exceeded 730,000 holdings, and while the number is continually on the rise, the Robinhood listing would give it a significant boost.
A sizable retail clientele
“It’s still going strong with 230,000 signatures. Congratulations to all of you. You made it happen. Webull was the first to arrive, and he had already listed Shib. In this week’s update, Tristan Luke, the petition’s creator, said, “All indications are that Robinhood will soon follow.”
Shiba Inu’s strong retail user base, which can also be gauged on social media platforms, is reflected in the petition, which just exceeded 246,000 signatures and is still aiming for the 300,000 mark.
Thank you, #ShibArmy, for helping us reach yet another milestone in our history. Today, we reached 1,000,000 Followers on Twitter.Now is when we mint and showcase our #1MFRIENDSHIBS.Woof! pic.twitter.com/rCYdFfyPgZ— Shib (@Shibtoken) October 6, 2021
It has just exceeded one million followers on the token’s official Twitter account, which is still adding new followers as the initiative strives to encourage inclusiveness.
Wanna play with #SHIBOSHIS? You dont even need to own one! The whole #ShibArmy is welcome! Send your SHIBOSHI pic and the name that you would put to it, using tags #ShibaShowcase + #Shiboshis. 3 prizes of $2k USD in SHIB, LEASH or BONE are a stake! Have fun and be creative! (1/3) pic.twitter.com/qkQc0ooNRQ— SHIB INFORMER (@ShibInformer) October 15, 2021
Following this week’s debut, the project’s NFT collection, which included 10,000 “lovable creatures,” known as Shiboshis, sold out in 35 minutes, thanks to the overwhelming response.
35 MINUTES SOLD OUT. #SHIBOSHIS pic.twitter.com/8MppUet9hE— Shytoshi Kusama (@ShytoshiKusama) October 14, 2021