The Shiba Inu (SHIB) Has Risen Amid Rumors That It Will Be Listed On Robinhood

The value of Shiba Inu (SHIB) has soared more than 8% amid rumors that the meme token will finally be listed on Robinhood in February.

The rumors were also shared on Twitter by the financial platform Zero Hedge, which has more than 1.1 million followers.

SHIB‘s value rallied as high as $0.00003251 after sudden price spikes.

This rumor, which moved the market, seems to have spread from a Twitter account called “First Squawk”, which is famous for its fake news.

Although the account announced in October, citing an anonymous source, that the asset would be listed on Robinhood, Robinhood denied the allegations.

Christine Brown, chief operating officer of Robinhood Crypto, said in November that the company is not in a hurry to list new crypto assets, emphasizing that they care more about quality than quantity.

At the time of writing, SHIB was trading at $0.00003198.

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