Shiba Inu Gets Another Boost As Robinhood Launches Wallet

Shiba Inu Gets Another Boost As Robinhood Launches Wallet
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Shiba inu has been seeing a major positive side since the crypto market started recovering. There may be others in storage.

Robinhood Wallet Will Support Shiba Inu

On Thursday, the General Manager of Crypto for Robinhood, Johannn Kerbrat, took to Twitter to provide an update on the much-anticipated Robinhood Wallet. Robinhood wallet will support shiba inuon Thursday, crypto's managing director for robinhood, johannn kerbrat, has taken to twitter to provide an update on the robinhood wallet much awaited.

Accompanying reading: Dogecoin, Shiba Inu, and meme pieces. It's a comeback for me.

We have begun to expand. We’ve made some awesome changes since the beta program based on customer feedback and are excited to get them into your hands. (1/6) pic.twitter.com/emksjqqynx— johann kerbrat (@johannkerbrat) january 19, 2023Update names of supported cryptocurrencies include shiba inu, eth, solana (sol), and usdc, among others. As well, the portfolio will provide support for ethereum nfts and polygon blockchain. 

Another interesting addition is that there would be no fee when users conduct polygon swaps using the portfolio of tapwood.

570% through 12 BTC 300 free spins for new players. The Robinhood portfolio is currently deployed for ios users that will receive a code to access the portfolio.

The Robinhood portfolio is in the process of being deployed for iOS users who will receive a code to access the portfolio.

There is also a $5 bonus for users who upload the application and get access. News of the Robinhood wallet helped push Inu shiba prices higher during this period.

SHIB holds momentum following Robinhood announcement | Source: SHIBUSD on TradingView.com

Though there have been no savage moves in the price of the coin itself, SHIB could hold its position above the support level of $0.000011, This is important to keep the altcoin on an uptrend. Comit is also important to note that support for shiba inu was introduced before adding rival dogecoin, a clear favorite on the robinhood platform.

Related story: dogecoin vs cardano, who is the best investor? Regarding the current price of shib, the same piece remains very promising. It remains stable at $0.0000114 following gains of 1.48% over the past 24 hours.

Gains over the past week are also still up at 18%, according to market capitalization data. It’s down 58% in the last 24 hours to $322.4 million

Follow Best Owie on Twitter for market insights, updates, and the occasional funny tweet… However, the meme coin also sees downward trends as trade volume decreased in the final day.