Will These Catalysts Influence Shiba Inu’s Listing On Robinhood This Quarter? SHIB Price To Erase Another Zero?

The post Will These Catalysts Influence Shiba Inu’s Listing On Robinhood This Quarter? SHIB Price To Erase Another Zero? appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

The world of cryptocurrencies fails not to surprise the masses of the fraternity. The business with its distinct traits, sprawling utility, and heroic comeback with monetary numbers continues to be a lucrative asset class. Successively, the industry’s renowned meme coin Shiba Inu has been making recurring visits to the spotlight, with newer surprises.

This time around, the Doge-killer is back to glimmer, with a new listing on a Brazilian crypto exchange firm. That manages over 950,000 customers, that is an exposure to close to a million people. On the contrary, the canine coin flaunts its newest whale that has brought in glitter to the Shib Army.

Is Shiba Inu Now UnChained For A Pounce To The Top-10 List?

As cited by analytics firm Santiment, the past week has been pretty impressive for the coin market. Wherein alts cherished a healthy resurgence, with many digital coins climbing back to pre-crash levels. Amongst other mainstream cryptocurrencies, SHIB did vow in with healthy gains. The canine-coin is currently up 56.5% over the past week at $0.00003235.

Successively, Shiba Inu is now listed on the Brazilian crypto exchange “Foxbit”, which manages over 950,000 customers. SHIB now gets exposure to close to a million new customers with the initiative. Brazilian Shiba Inu investors now get another platform other than Mercado Bitcoin, which had recently listed the meme coin in late December of 2021. Folks are now looking forward to listing by Robinhood, which has been seeking clarity.

According to substantial sources, 144.2 Million SHIB tokens were moved to a dead wallet. By members of the SHIB community in a period of three days. The burn was achieved by individual events on the 7th, 8th, and 9th of February. Where 56.3 M, 36.8 M, and 46.7 M coins were burned. In addition, another 4,441,908 SHIB were erased from circulation. 

On the contrary, the canine coin flaunts its newest whale that has brought in glitter to the Shib Army. The latest entrant has made purchases of 3.4 Trillion SHIB tokens, that tallied to $115.9 Million. The accumulation by the whale has escorted cheer and joy to the community. Which has been a benchmark for fellow meme coins.

Summing up, the aforementioned updates are additions to Shiba inu’s boast worthy badges. The platform’s Shiberse update has brought in immense value to the network. Such that, the protocol’s LEASH token is up 122.7% over the past week. Compounding the implications of the series of events, Shiba Inu would eventually be a mountain goat traversing to the peaks