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Shiba Inu’s userbase is getting closer to the 1 million milestone

Shiba Inu to USD chart for the last month (Source: CoinMarketCap)
Shiba Inu to USD chart for the last month (Source: CoinMarketCap)
In the past 3 months, the total number of Shiba Inu holders grew by roughly 50 percent. On Twitter, the Shiba Inu project has more followers than Kraken, Cardano, or Solana. However, it looks like it might take a while for this coin to be listed on the popular brokerage platform Robinhood Crypto.

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.    

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Codrut Nistor
Codrut Nistor - Senior Tech Writer - 5565 articles published on Notebookcheck since 2013
In my early school days, I hated writing and having to make up stories. A decade later, I started to enjoy it. Since then, I published a few offline articles and then I moved to the online space, where I contributed to major websites that are still present online as of 2021 such as Softpedia, Brothersoft, Download3000, but I also wrote for multiple blogs that have disappeared over the years. I've been riding with the Notebookcheck crew since 2013 and I am not planning to leave it anytime soon. In love with good mechanical keyboards, vinyl and tape sound, but also smartphones, streaming services, and digital art.
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> Notebook / Laptop Reviews and News > News > News Archive > Newsarchive 2021 11 > Shiba Inu’s userbase is getting closer to the 1 million milestone
Codrut Nistor, 2021-11-10 (Update: 2021-11-10)