Shiba Inu (SHIB) displays outstanding performance on Robinhood days after listing

Shiba Inu (SHIB) has demonstrated outstanding performance on Robinhood after listing

2024-04-27 05:22:09 Eastern Standard Time

Shiba Inu (SHIB) has been the best performer over the past 7 days on Robinhood, a leading US trading application.

Noteworthy is the commission-free investment app

Last week, SHIB was listed along with multiple altcoins.


Shiba Inu steals the show on Robin Hood

With a surge of over 11%% over the past week, SHIB has shown incredible performance on Robinhood compared to other altcoins on the investment platform.

Litecoin (LTC) and Chainlink (LINK) came in second and third place with seven-day price increases of 8% and 6%, respectively.

Meanwhile, this follows the latest launch of SHIB for New Yorkers on Robinhood. Considering New York State’s strict regulatory approach, this listing was an important milestone for the Shiba Inu.

Meanwhile, the crypto community has been urging Robinhood to list SHIB since early 2022.

Global asset manager Bernstein emphasized Robinhood’s role in connecting investors with the crypto market in the upcoming bull market.

The company predicted that the overall market capitalization of all digital coins will reach $7.5 trillion in 2024.

SHIB’s current price outlook.

Altcoin price movements over the past day reflect overall market weakness. Shiba Inu fell nearly 5% on the 24-hour chart to trade at $0.00002459.

Over the past day, bears have dominated the crypto market. Some investors are losing patience with Bitcoin’s halving-induced rally, as bellwether Bitcoin has fallen 2.15% in the past 24 hours to hover at $62,900.


Shiba Inu (SHIB) has demonstrated outstanding performance on Robinhood after listing

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