Shiba Inu’s recent price increase has prompted thousands of meme coin supporters to petition Robinhood to list the asset on its trading platform.
Traders putting pressure on Robinhood to list Shiba Inu
According to information available on Change.org, over 400,000 people have signed a petition to have the coin listed on Robinhood. At the time of publication, the figure stood at 403,927.
Notably, if the petition receives 500,000 signatures, it will become one of the most popular on the Change.org platform.
Tristan Luke, the petition’s creator, stated that the petition “is designed to kindly request Robinhood to please list Shiba inu coin to trade.”
To bolster his point, Luke stated that Robinhood could replicate the success it had with Dogecoin by listing Shiba Inu as well, as they are both meme coins.
“Dogecoin has been a huge success for Robinhood and its investors,” he says. We’ve all had a good time on the ride. Shiba Inu is a similar meme coin with genuine potential, having increased by 2,000 percent in the last few weeks.”
You may recall that Robinhood made a fortune from its listing of Dogecoin earlier this year, when the asset experienced a bull run fueled by its inclusion on the app and the SubReddit forum WallStreetzBets.
Where can you purchase Shiba?
According to the Change.org petition, one of the most frequently asked questions about the meme coin is “how can I buy Shiba?”
While Robinhood remains hesitant to list Shiba Inu on its platform, crypto trading platforms such as Binance, Coinbase, and Public.com, a smaller rival to Robinhood, all support trading the meme coin.
Aside from these centralized exchanges, Shiba can also be purchased through decentralized exchanges such as Shibaswap, Uniswap, and others.
Shiba Inu is currently trading for $0.000071 after a weeks-long bull run and is the ninth-largest crypto asset by market cap, according to CoinMarketCap.