Shiba Inu rallying amid Feb. Robinhood listing rumor: here is where to buy SHIB coin

After a drastic fall in the past two weeks, Shiba Inu is back on its feet again and this time the push by the Shiba Inu community to have SHIB listed seems to have paid off.

There are rumors that Robinhood is anticipating to list the dog-themed meme coin in February. This has caused the meme coin to start rallying in anticipation of the listing.

To help new investors and traders who are eyeing the coin, Invezz has created a brief article to assist crypto traders and investors understand what Shiba Inu (SHIB) is and the best place to buy it.

To find out more, please continue reading.

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Binance

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What is Shiba Inu (SHIB)?

SHIBA INU (SHIB) is a meme coin and its main aim was to become the Ethereum-based counterpart of Dogecoin.

Shiba Inu is part of several dog-themed tokens that include the likes of Dogecoin (DOGE), Baby Dogecoin (BabyDoge), Alaska Inu (LAS), Alaskan Malamute Token (LASM), and JINDO INU (JIND).

The Shiba Inu (SHIB) coin has attracted lots of investors, especially those who missed Dogecoin’s pump from about $0.0002 to about $0.75. It has made a lot of headlines and even appeared in many tweets from influential personalities like Elon Musk and Vitalik Buterin.

Should I buy SHIB coin today?

If you are looking to invest in a dog-meme coin that is on the rise, then Shiba Inu could be a good choice especially now that it is rallying after a fall.

Nevertheless, you should be aware of the fact that the cryptocurrency market is extremely volatile and extreme sudden market swings are possible.

Shiba Inu price prediction

After two weeks of free fall, Shiba Inu is now rising again and analysts expect the meme coin to sustain the Bull Run at least for the remaining part of January.

All eyes are on the $0.000038 resistance level.

Shiba Inu social media coverage

The post Shiba Inu rallying amid Feb. Robinhood listing rumor: here is where to buy SHIB coin appeared first on Invezz.