In a recent announcement made on Wednesday, it has been revealed that the meme cryptocurrency named after a Japanese dog breed, Shiba Inu, is now available on the trading platform Public.com. Public.com is a direct competitor to Robinhood and WeBull that made its debut back in the year 2019.
Shiba Inu Cryptocurrency Gets Listed on Robinhood Competition Public.com
Back in the month of February, the company managed to reach a valuation of $1.2 billion following a $220 million funding round that came hot on the heels of the GameStop mania.
In addition to this, it should be noted that in early October, the online brokerage firm based in New York, added support for cryptocurrencies, beginning with Bitcoin, Ethereum, Dogecoin, and several other coins.
The price of Shiba Inu has witnessed significant growth in recent times. Meanwhile, the coin has also managed to secure the position of the thirteenth-largest cryptocurrency in terms of market capitalization.
It is said that Elon Musk has driven the interest of investors in the coin and amid this surge, the users of Robinhood filed a petition asking the exchange to list Shiba Inu coin on its platform.
Users Filed Petition to List SHIB
As per the petition, it says:
“This petition is designed to kindly request of Robinhood to please list Shiba Inu coin to trade.”
Along with this, the petition said that the addition of Dogecoin was a great success and similarly, Shiba Inu is coming with genuine potential. It added:
“Let’s encourage Robinhood to be the first traditional brokerage to get on this train! Thank you.”
The tweet shared by the CEO of Tesla, Elon Musk, involved the image of his pet dog Floki enjoying the sunshine on a Tesla electric car. The image was perceived as the promotion of the Shiba Inu coin by many.
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