SHIBA Inu Price Prediction And News Today: In this article we going to discuss about $40.4 billion dollars Shiba Inu Token flipped it within 24 hours.
So, stick to the end because Today’s article is full of major updates.
Shiba Inu Coin was recently included to RobinHood’s survey, and its price has risen by more than 21% in the last 24 hours.
Shiba Inu is literally on fire with a massive gain of over 76% in 24 hours crossing its all-time high. The new record price has been aided by inflows of $40.4 billion between October 23 and October 28 from $11.02 billion to $51.45 billion.
SHIBA Inu Price Prediction and News Today
Shiba Inu, one of the most popular meme tokens, has just logged a new all-time high for the first time since May 11. The Shiba Inu coin hit a new lifetime peak of 872 Satoshi Units after its price jumped 76% within just 24 hours.
On the other hand, Dogecoin is still down a staggering 68% from its May 8 peak. CoinMarketCap data shows that Shiba Inu has become the most-traded cryptocurrency on Coinbase.
It is worth noting that Shiba Inu recorded over $60 billion in daily trading volume on America’s largest exchange, which is more than Ether, Bitcoin, XRP, Doge, Cardano and Solana combined. Interesting right?
With a market cap of $51.45 billion, Shiba Inu is currently the 7th biggest cryptocurrency. It recently surpassed dogecoin, Polkadot and even XRP in overall marketcap.
What is fueling the rally of Shiba Inu’s price? As reported by U.Today, CEO of Robinhood, Vladimir Tenev awkwardly dodged a question about whether or not the company had such a listing in the pipeline during his interview with CNBC’s Jim Cramer earlier this week.
He neither accepted nor refused the statement of listing Shiba inu to Robinhood’s platform. So, according to experts, Robinhood is all set to list Shiba Inu but wants to make the value of their own announcements than rumors.
Further, Robinhood gave the hint of adding Shiba Inu to their platform by broadcasting a survey with the name of Shiba Inu as an option in it.
According to this survey done by Robinhood, it asks if users have bought any of the cryptos on the list over the past three months. This list includes Cardano, XRP, as well as meme crypto Doge, and Shiba Inu of course.
But according to crypto enthusiasts, Robinhood is all set to list Shiba Inu to its platform and we can get this news anytime in the coming days. But why this listing is so important for Shiba Inu holders?. How much price pump can be expected after this listing?.
Listing of Shiba Inu Coin on Robinhood, one of the biggest crypto exchanges will give the coin massive exposure and more investors will rush to buy the coin.
We all know that price of crypto depends on supply and demand. If demand increases, then the price of the coin will also get a boost. Also how can we forget when dogecoin got listed on Robinhood, it accounted for 34% of crypto revenue from Robinhood, helping doge to hit an all-time high of the year.
Dogecoin price got pumped by over 800% within 24 hours. Shiba Inu has more potential than dogecoin and according to us, if Robinhood lists Shiba Inu now, Shiba Inu will definitely cut a few zeroes out and will give a massive profit.
Everyone is wondering what made this price pump to hit all-time high. This hype is so big that crypto enthusiast Coin bureau could not hold him back to acknowledge this. He has been bullish on the Shiba Inu project over the past few months posted a tweet earlier today.
Shib is almost in the top 10. Honestly don’t know what’s driving the rally and at this point, I’m too afraid to ask… Moving Further, Matt Wallace also tweeting bullish on Shiba Inu.
Recently, he tweeted, Shib is shocking the world right now!. How high can it go?. Make sure to follow quickly with the notifications on to get fast real-time updates on Shiba Inu Coin and Doge.
#SHIB is shocking the world right now! How high can it go? Make sure to follow quickly with the notifications on to get fast real time updates on Shiba Inu Coin and Dogecoin! 🙂
— Matt Wallace (@MattWallace888) October 28, 2021
Getting acknowledgments from such big crypto influencers is really interesting and can push prices further.
The next biggest news is, massive big purchases of millions of dollars worth Shib are being done by whale holders. These can be confirmed by whalestat and etherscan transactions reports.
This sounds like something big is coming, and we all know Robinhood is next. Next, major question is, Is Robinhood really going to list Shiba Inu?. If Yes, When?
According to Many crypto influencer and major Shibarmy members, they strongly believe that Robinhood is definitely going to list shiba inu and cannot ignore the potential of Shiba Inu.
Robinhood already have Dogecoin on it but Shiba Inu has already proven its potential many times. So, it is very likely that Robinhood is going to list Shiba Inu to their platform soon.
What Happened to one of the biggest petitions going on to list Shib to Robinhood? This petition has already crossed many milestones and has become one of the biggest petitions on Change.org.
This is interesting to note that, this petition has already received more than 377,000 signatures. The target of this petition was 300,000 signatures and now been set to 500,000 signatures until Robinhood acknowledges the request of Shiba army to list on their platform.
If you haven’t signed it yet, I am also leaving a link again to these petitions in the description below. Go and sign the petition, Let’s raise the shib army’s power by boosting back the social hype of Shiba Inu.
It is transparently confirmed that Robinhood listing will push Shib to the moon and Shiba inu will flip dogecoin in this run.
Before moving further, Let’s check how Shiba Inu’s price is performing today. Shiba Inu is showing a massive 76% gain in just 24 hour.
Yesterday, price was quite stable with price but after today’s Robinhood listing Rumors and whales purchase, Shiba Inu is showing massive gains.
Currently, one Shiba Inu coin is worth 872 satoshi units with the 24 hours trading volume of around 44,800,000,000 dollars. The total market cap of Shiba Inu today is approximate 51,450,000,000 dollars.
So should I hold or sell the tokens?
This question is hitting everyone’s mind as all of us are on profit. However, We all know that the Shiba Inu developer team is going to reveal their own blockchain Shibarium, New Family Tokens, NFT based game with multiplayer capabilities like Axie Infinity. More catalysts are automatic burning systems and listing on Robinhood.
- Shiba Inu Coin News Today | Shiba Inu Price Predicion | 3 MAJOR LISTINGS
- SHIBA INU COIN NEWS | Urgent Message From BINANCE | 2021
- What ELON MUSK Just Said About SHIBA INU? | Invest or Sell?
- Shiba Inu Coin UPDATE! Shib Holders Must Read This | 2021
- 5 Big Reasons to Buy Shiba Inu Coin Right Now | SHIB Price Prediction
- Shiba Inu Coin Holders | Major Updates 2021
Conclusion – SHIBA Inu Price Prediction and News Today
So, according to us, the price will not stop in this last quarter and will raise more. If you are planning to sell, you are still on huge profits. But major price-boosting catalysts are all set to arrive in days or weeks. So hold tight.
Don’t forget to share your buy or sell thoughts in the comment sections down below. With this, we have come to the end of the article. Thank you for reading.
Before ending this, kindly note that prices of cryptocurrencies frequently change, so by the time you watch this article, it might have changed to a whole new value.
Disclaimer: The information provided in this article does not constitute investment advice, financial advice, trading advice, or any other sort of advice, and you should not treat any of the content as such.