CoinBase Announced Shiba Inu Coin Will Hit $0.5 Soon!!
Shiba Inu (SHIB) coin is getting a deal of notice right now after rival Dogecoin secured a Coinbase listing amid the push to bring it to Robinhood. The altcoin’s price has mounted 12,000,000 percent so far in 2021, but it still trades at a fraction of a dollar.
Shiba and Dogecoin are dog-themed cryptos emerging from memes. They both have a strong community of supporters. Dogecoin has come up as an unlikely success story for investors, with gains of 14,000 percent in the past year. We can partially assign Dogecoin’s success to its impact on the world of philanthropy. In the same way, the Shiba Inu coin has started making a spot in charity, with Ethereum founder Vitalik Buterin using it to donate to COVID-19 efforts in India.
Shiba has experienced growing exchange support, and a campaign has been organized to bring it to Robinhood—a discount broker used by more than 13 million investors. Robinhood listing would give Shiba broad investor exposure and potentially lift the price. Dogecoin’s success has partially emerged from growing exchange and broker support as well. It has been welcomed on significant crypto exchanges Coinbase, Binance, Huobi, and Gate. It’s also available for trading through platforms Robinhood and eToro. Dogecoin has given these trading platforms colossal success and looked at what Shiba offers; it could have the same effect.
Coinbase remains the biggest crypto exchange left out to list Shiba Inu coin. Binance, Huobi, and Gate already have it. Coinbase usually doesn’t support fresh cryptocurrencies. Its recent inclusion of Dogecoin and its word to speed up support for new assets has Shiba fans hopeful that the altcoin could make it to Coinbase.
According to change.org, “With a Market Watch approaching 925,000 on CoinMarketCap and over 500,000 Holders, this would be a great chance to capitalize on the mission the ShibaSwap team is trying to accomplish with this project. ”
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