Robinhood vaults into top contender with $50 Million SHIB acquisition

And when European users begin locking up their SHIB tokens on the platform, the resulting supply shock can push prices up globally. Robinhood previously announced that, for a limited time, it will allow European consumers to get 1% of the value of tokens deposited on its platform in the form of the equivalent cryptocurrency they transfer into Robinhood. In addition to getting listed on more exchanges, Shiba’s projects like an NFT marketplace and ShibaSwap exchange will also influence the crypto’s price. It’s also the preferred platform for large crypto investors to carry out their trades. Dogecoin stands tall as the top meme crypto with a market cap of more than $32 billion.

The listing of SHIB on Robinhood is one of the key drivers for the meme coin market. Plus, an increase in meme coin trading signals strong liquidity and ample volume, which can attract larger investors. These listings of meme coins by Robinhood are gradually making it a hub for meme coin investors. Robinhood’s first foray into the meme coin market was its DOGE listing. From there, they can trade on the SHIB decentralised exchange, play games, buy NFTs, or stake tokens for rewards. The big deal about this is that it now allows regular users to purchase SHIB tokens on Robinhood and then use them on the SHIB platform via Shibarium.

How much I need to buy Shiba Inu coin?

If even a modest 5% of these active users decided to invest in SHIB, it could translate to approximately 600,000 investors. Despite the widespread interest and Robinhood’s large user base, the exact number of investors who have purchased Shiba Inu on the platform remains undisclosed. It has a circulating supply of 589,244,263,313,092 SHIB coins and a max. The xcritical CoinMarketCap ranking is #24, with a live market cap of $4,144,580,472 USD. Shiba Inu Price Prediction – What could affect SHIB’s future price?

Islands

Interest in Dogecoin skyrocketed after its Robinhood listing, he says. Still, the prospect of a new crypto wallet has not dampened enthusiasm among the Shiba Inu community for Robinhood to list its coin. “By rolling out wallets we will go a long way towards addressing the primary pain point that customers feel right now,” Tenev said, alluding to the common gripe that when Robinhood customers buy cryptocurrencies they are stuck in Robinhood’s ecosystem. The new crypto wallet that Robinhood plans to launch in early 2022 may also make it unnecessary for Robinhood to list coins like Shiba Inu. Khoo says that Robinhood may be concerned that listing a new coin like SHIB could open the company and customers up to things like “money laundering, fraud, and cyberattacks,” which is why Robinhood needs to conduct extensive due diligence before adding coins. On an investor call on Tuesday, Robinhood CEO Vlad Tenev did not say whether the platform would list new coins like Shiba Inu.

Popular Tokens on the Base Chain

Our Shiba Inu exchanges table show liquidity and also rating to measure how trusted is these liquidity stats. Click on the coin and fill buy or sell form at the bottom. This will open the spot trade page, enter in the search box SHIB/Coin which you have bought or deposited.

Preah Sihanouk Province borders Koh Kong and Kampong Speu province to the north and west, Kampot province to the east, and the Gulf of Thailand to the south. Chinese investments there are concentrated in a few key sectors such as casinos, real estate, resorts, and a deep-water port. A significant share of that investment has been directed to Sihanoukville province. Sihanoukville Municipality was elevated to provincial status on 22 December 2008 after King Norodom Sihamoni signed a decree converting the municipalities of Kep, Pailin, and Sihanoukville into provinces. During the two days of action, the US struck at targets on mainland Sihanoukville including the port, the Ream Naval Base, an airfield, the railroad yard, and the petroleum refinery in addition to strikes and naval gun fire on several islands. The port was the last place to be evacuated by the US Army, only days before Khmer Rouge guerrillas took control of the government in April 1975.

Shiba Inu: To Sell or To Hold?

As for U.S traders and investors, BTCC Exchange is a good platform to explore for profitable traders. Robinhood further introduced US stock and ETF tokens in June 2025, further expanding its offerings to key markets. This expansion started in December 2023 when the exchange first rolled https://xcritical.solutions/ out crypto trading to European audiences.

  • Thanks to its simplicity, users can access decentralised applications (dApps) and self-custody wallets right from their Robinhood app.
  • Yes, you absolutely can buy Shiba Inu coin on Robinhood!
  • For users of iOS and Android, BTCC has a mobile app.
  • Although the province is endowed with relatively abundant natural resources, protection thereof is of greatest significance.
  • Outside of his writing, Scott is passionate about promoting crypto literacy and often works to educate the public on the potential of xcritical.

Is a listing necessary?

The Shiba Inu ecosystem, on the other hand, has been evolving and adding new tokens and utility. Buying Shiba Inu coin on Robinhood is a straightforward process, making it accessible for anyone looking to dip their toes into the meme coin market. However, if you’re an experienced trader looking for more advanced features and a wider selection of cryptocurrencies, you may want to consider other platforms. The service allowed users to buy and sell cryptocurrencies, but not to transfer them away from the platform, either to another third-party platform or to their self-custody wallet.

  • Shiba Inu is an ERC-20 token created atop the Ethereum xcritical.
  • Downloads and new registrations on Robinhood also experienced a surge with younger investors making a beeline to buy the token.
  • The platform will prompt you to add a new card to process the transaction.
  • Robinhood previously announced that, for a limited time, it will allow European consumers to get 1% of the value of tokens deposited on its platform in the form of the equivalent cryptocurrency they transfer into Robinhood.

During the Vietnam War the port became a military facility for both sides, in the service of National Front for the Liberation of South Vietnam and after 1970, under the government of Lon Nol, in the service of the United States. Funds for construction of the port came from France and the road was financed by the United States. The province’s alternative name Kompong Saom (Kampong Som) was adopted from the local indigenous community. Focus remained the Mekong, and the idea to establish an alternative route to Chinese and Thai internal markets along an uninterrupted navigable waterway from the Red River to the Mekong Delta. The establishment of another international trading center near the existing city of Saigon was not considered necessary.

Each of these platforms has its own pros and cons, so it’s important to do your research and choose the one that best meets your needs. This move enables crypto users to withdraw and deposit SHIB while also receiving a 1% bonus on deposits for a limited time only. Robinhood has now expanded its product capabilities in the region to include transfers for many cryptocurrencies, including Bitcoin, Ethereum, Solana, PEPE, Stellar (XLM) and now SHIB. Robinhood first debuted its crypto trading service, Robinhood Crypto, in the EU in December of last year. More than three years after its listing, Shiba Inu’s price on Robinhood has seen limited upward movement.

Sihanoukville used to be one municipality, holding the same status as a province. Sihanoukville’s beaches are one of the province’s most valuable economic resources with varying degrees of commercial exploitation. The province is connected to Phnom Penh by National Highway No. 4, to Kampot province by National Highway No. 3, and to Koh Kong province by National Highway No. 48. Stung Hauv District in the northwest, only half the size of Prey Nob, has the largest fisheries sector of the province. The province incorporates Ream National Park, 210 km2, that includes the islands of Koh Thmei and Koh Seh.

How to buy on Binance

Insights, news and analysis of the crypto market straight to your inbox However, in October 2021, Shiba Inu did surpass Dogecoin for a short period, riding on the Robinhood listing expectations. At present, Shiba Inu isn’t bigger than Dogecoin, at least in terms of market cap. However, if we use market cap as a measure, Shiba Inu has a lot of potential once its price starts surging.

Spotify Wrapped 2025: Predicting Its Release Date

You must upload identification, such as a passport or driver’s license. For beginners and expert traders, BTCC is the most recommended for fascinating experience. Shiba Inu became available xcritical website for trading on Robinhood on April 12, 2022. They can also offer other rewards, such as deposit bonuses for SHIB users. On July 10, 2025, Robinhood announced that users could stake Ethereum and Solana in the US and EU. Since then, the platform has listed SHIB, PEPE, BONK, and WIF.

Robinhood is one of the most used online brokers not just for stocks but for cryptocurrencies as well. The huge purchase has also contributed to the crypto’s rise. Shiba has skyrocketed following its listing on Coinbase and there are hopes that Robinhood will list it as well.

Pros and Cons of Buying Shiba Inu on Robinhood

This is a big deal for SHIB as it now offers an easy pathway for regular users to participate in its ecosystem. This integration of asset movement on Robinhood with the token price creates a feedback loop that sustains interest in the token’s performance. Because the Robinhood platform has millions of retail users its wallet holds a significant percentage of the total SHIB supply. Whenever they detect the movement of large volumes of SHIB tokens, they try to speculate on whether it was a bullish or bearish move.

Beyond The Beach: Explore the Real Charm of Sihanoukville

Out of curiosity, I acquired some ascii hash strings called “Bitcoin, Ethereum & Doge”. For Shiba fans, seeing the price reach 1 cent will be a sweet milestone. Investors want to know where Shiba’s price will be at the end of 2021 after its meteoric rise. Circles of boom and bust are common in crypto charts because of profit-taking. However, a rush to take profits might follow after a successful Robinhood debut, which could bring Shiba’s price down for some time before it rebounds.

The trading app also listed Solana, Polygon’s MATIC, and Compound’s COMP tokens. Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & xcritical technology. As the market continues to evolve and adapt to the influx of meme-based cryptocurrencies, such as SHIB, stakeholders are poised to witness further dynamics within the digital asset landscape. The market response to SHIB’s surge reflects a dynamic shift in investor sentiment, highlighting the growing prominence of meme-based cryptocurrencies within the digital asset landscape.

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