SHIB’s Robinhood Becomes Change.org’s Leading Request With 500k signatures

Over 500,000 people have signed an online petition requesting that the Shiba Inu (SHIB) be listed on the Robinhood. This growing number of signatures for the petition comes days after Robinhood mentioned SHIB on an Instagram post. 

The petition dubbed “Kindly request of Robinhood to include Shiba Inu currency!” was first launched on Change.org. Since its publishing on the site, the petition garnered 503,615 signatures making it the platform’s highest-ranking petition.

Despite losing over $15 billion in a span of one trading week, this dog meme coin is now trading at 0.00005849. According to CoinMarketCap, this Ethereum-based coin is now up 16.4 percent in the last 24 hours. This is a tremendous improvement compared to the 20.69% decline it experienced in the previous week.

How Is Shiba Inu’s Performance In The Crypto Market?

Besides that, SHIB is the fourth most traded digital asset in the last 24 hours. With almost $11 billion moving in total, it is  following only Tether USDT, Bitcoin BTC, and Ethereum in terms of volume..

From November 5, Shiba Inu became available for trading, and storing on  Coinbase, a  cryptocurrency trading platform. This is a move that allowed over 20 million people the option of purchasing the token. It equally gave New York Crypto traders access to the assets.

Whales Moving Tokens, What Could This Mean For Shib?

As this meme coin keeps growing in popularity, many massive trades seem to be taking shape. Just recently, etherscanner.io reported that an Ethereum whale acquired $6867089.61 worth of SHIB. At the same time, another whale transferred 40 trillion tokens, the equivalent of about  $2.3 billion from one wallet to four separate wallets.These major activities from whales have left speculation rife, especially on social media. Crypto enthusiasts can’t help but suspect that this petition will have a massive impact on the coin, and that such whales already have a clue about it. 

But in the meantime, Shiba Inu’s is still casting its net among smaller retail investors. The platform appears to be growing because it passed the 900,000-holder mark on November 3rd. At this point, SHIB gained over 80,000 new holders in less than a week. Now, the number of holders seems tobe rising steadily, with 918,000 already in possession.

This growing popularity is visible even on Google. According to Finbold data, interest in the search phrase ‘Buy SHIB’ has reached a three-month high on Google Search. Google Trends also ranks this search term very highly, so let’s wait and see whether Coinbase will yield to the pressure and finally enlist the coin..