Shiba Inu’s userbase is getting closer to the 1 million milestone
On August 13, there were roughly 625,000 Shiba Inu holders. Today, their number exceeds 940,000. The Dogecoin-inspired meme coin was no joke for many investors, especially for those who got in early enough to take advantage of the 73 million percent year-to-date gains. However, it looks like this coin is not mature enough to be listed by Robinhood.
If I had to add a two more Shiba Inu-related elements to those mentioned above, then I would also mention the 2 million followers that keep their eyes on the official Twitter account of the Shiba Inu project, as well as the fact that, according to Japanese dog breeders who spoke to Bloomberg, "the Japanese hunting dogs are more popular than ever."
Unfortunately for fans of the Robinhood Crypto brokerage platform, its COO, Christine Brown, thinks that the company is not yet ready to list Shiba Inu. This might seem like a surprise due to the fact that Dogecoin helped Robinhood gain a lot of exposure (and customers, of course) not so long ago. After stating that the discussion will not involved the company's decision of avoiding to list certain assets at this time, she added that "the short-term gain we might get is not worth the long-term trade off for our users."
Being safety-first in this field looks like a sound decision in the long run, but many potential users might avoid using Robinhood's services because this approach also seems to limit the potential gains. If you had any kind of experience with Robinhood or Shiba Inu so far, feel free to hit the comments section below.