• About
  • Contact
  • Privacy Policy
  • Terms and Conditions
Saturday, June 21, 2025
The VR Soldier
  • Featured
  • News
  • Education
  • NEAR Protocol
  • Solana
  • Fantom
  • Yield Farming
  • Reviews
  • Press Releases
No Result
View All Result
  • Featured
  • News
  • Education
  • NEAR Protocol
  • Solana
  • Fantom
  • Yield Farming
  • Reviews
  • Press Releases
No Result
View All Result
The VR Soldier
No Result
View All Result

Shiba Inu Price Down 10%, Robinhood COO Discusses Listing

margin707 by margin707
November 10, 2021
in News
Reading Time: 2 mins read
0
shibainu robinhood
Share on TwitterShare on Facebook

At today’s Crypto Goes Mainstream live event, Robinhood’s COO Christine Brown discussed Shiba Inu when asked by the host “When SHIB?”

Her response was,

“One of my favorite things is seeing the community around these coins really engage with us and really let us know what they want.”

Further clarifying that when it comes to Robinhood’s strategy about what they are going to list she said, “we’re not going to talk about it.”

Mrs. Brown went on to explain that Robinhood’s strategy is different than its competitors, who are trying to list the latest coin as fast as possible.

Lastly, she mentioned that “the short term gain that [Robinhood] might gain, is not worth the long term trade off for our users.”

You can check out the presentation yourself in the YouTube video below, the Shiba Inu part starts at 12:15.

Shiba Inu Price

At the time of writing Shiba Inu is trading at $0.000049. Its been struggling with the support level at $0.00005 throughout the day, peaking at $0.000051 with a low of $0.000046.

In our last night’s Shiba Inu price analysis, we predicted that the market will continue to trade sideways absent any corrections to BTC/ETH.

As we discussed last night, since SHIB is a more speculative coin, it will amplify Bitcoin / Ethereum’s movements, think of it almost like leverage trading. Unfortunately because BTC’s price went down 4-5%, SHIB’s price went down 9-10%. The good news is, the same is true when BTC / ETH’s price rises.

Overall the cryptocurrency market is doing quite well. In fact, the total crypto market cap is currently at $2.7 trillion. At the rate things are going, it wouldn’t be unreasonable to predict a $3 trillion crypto market cap by EOY.

You can’t always have good days in crypto, but you can always keep hodling!

This is not trading or investment advice, always do your own research before purchasing any cryptocurrency.

Follow us on twitter @thevrsoldier to stay up to date with the latest cryptocurrency news!

Tags: shiba inu coin
Previous Post

Major Exchanges Rush to List Ethereum Name Service, ENS Price Doubles

Next Post

Mask Network up 44% Amid CryptoArt.AI Partnership and Mask 2.0 Update

Related Posts

Featured

Dogecoin Price Faces Breakdown

June 20, 2025
Featured

CZ Warns of Deepfake Scams

June 20, 2025
Bitcoin Price Survives Israel-Iran Tensions, Hack, and $200B Meltdown
News

Bitcoin Price Survives Israel-Iran Tensions, Hack, and $200B Meltdown

June 19, 2025
Solana ETF Incoming? What Bloomberg’s 90% Prediction Means for Investors
News

Solana ETF Incoming? What Bloomberg’s 90% Prediction Means for Investors

June 17, 2025
Featured

Trump Earns $57M from Crypto Venture

June 14, 2025
$3 Billion in Bitcoin Options Expire Today — Will BTC Crash or Bounce?
News

$3 Billion in Bitcoin Options Expire Today — Will BTC Crash or Bounce?

June 14, 2025

Press Releases

Bitcoin Price Survives Israel-Iran Tensions, Hack, and $200B Meltdown
News

Bitcoin Price Survives Israel-Iran Tensions, Hack, and $200B Meltdown

by Alex Mercer
June 19, 2025

Introduction Bitcoin has seen plenty of drama over the years, but this time, even with war looming and a cyberattack...

Read more
What you will get:  Simple steps to start trading cryptocurrencies like Bitcoin and Ethereum How to choose a reliable crypto exchange with low fees and strong security Key tips to read crypto price charts and manage trading risks How to stay updated with market-moving news and practice safely before investing Introduction Cryptocurrency trading has exploded in popularity as an easy way to earn online. With simple guidance you can start trading Bitcoin Ethereum and other altcoins using your phone or computer. This guide gives clear steps for beginners. What Is Crypto Trading and How Does It Work Crypto trading is buying and selling digital currencies like Bitcoin Ethereum Cardano or Solana to make a profit. You buy when prices are low and sell when they go higher. There are two main trading types: Spot trading: You own actual coins. Derivatives trading: You trade based on price movements without owning coins. Spot trading is perfect for beginners because it’s more straightforward and less risky. Step 1 Choose a Reliable Crypto Exchange Select a trusted crypto exchange. Popular beginner-friendly options: Binance: Low fees and many altcoins Coinbase: Easy for beginners with strong security Kraken: Great support and euro compatibility Bybit: Simple interface with spot and futures Look for: Easy sign up and verification Strong security (2FA, cold storage) Low trading fees and fast euro or fiat deposits Wide selection of coins and high volume Step 2 Learn Crypto Chart Reading Reading price charts will improve your crypto trading success. Key concepts: Trend lines: Overall up or down movements Support levels: Prices where value tends to bounce up Resistance levels: Prices where value tends to slow or reverse Start with basic charts like candlestick charts. Many platforms like Binance and Kraken offer built-in guides. Step 3 Manage Risk and Use Stop Losses Crypto prices are very volatile and can change fast. Protect your investment by: Investing only what you can afford to lose Using stop-loss orders to sell automatically at a set lower price Not risking more than 1–2% of your portfolio on any trade This risk management helps you stay in the game long term. Step 4 Stay Updated with Real-Time Crypto News Crypto markets respond instantly to news. Use reliable sources like Vr Soldier, CoinDesk, CoinTelegraph and The Block. Track: Bitcoin ETF decisions New coin listings on exchanges Regulatory changes Major partnerships and developments Following crypto news helps you predict good entry and exit points. Step 5 Use Demo Accounts to Practice Many exchanges like Binance and Bybit offer demo accounts or testnets. Practice trading with virtual money first. This helps you learn: How orders work Chart reading in real time Trading fees and order types Once you feel confident, move to small real trades. Final Simple Tips for New Crypto Traders Start with well-known coins like Bitcoin Ethereum Avoid chasing hype or FOMO (Fear Of Missing Out) Keep a basic trading journal or spreadsheet Learn from both wins and losses Crypto Trading Basics for Long Term Profit

Crypto Trading Basics for Long Term Profit

June 16, 2025
$3 Billion in Bitcoin Options Expire Today — Will BTC Crash or Bounce?

$3 Billion in Bitcoin Options Expire Today — Will BTC Crash or Bounce?

June 14, 2025
Trump vs Elon Musk: Bitcoin Dips as Tesla Crashes

Trump vs Elon Musk: Bitcoin Dips as Tesla Crashes

June 6, 2025
Binance Beats SEC—Crypto Cheers the Legal Victory

Binance Beats SEC—Crypto Cheers the Legal Victory

June 2, 2025
The VR Soldier

© 2024 The VR Soldier

Navigate Site

  • About
  • Contact
  • Privacy Policy
  • Terms and Conditions

Follow Us

No Result
View All Result
  • Featured
  • News
  • Education
  • NEAR Protocol
  • Solana
  • Fantom
  • Yield Farming
  • Reviews
  • Press Releases

© 2024 The VR Soldier