• About
  • Contact
  • Privacy Policy
  • Terms and Conditions
The VR Soldier
  • Featured
  • News
  • Education
  • Reviews
  • Press Releases
  • Featured
  • News
  • Education
  • Reviews
  • Press Releases
No Result
View All Result
The VR Soldier

Shiba Inu Price Continues to Trade Sideways, Robinhood and Kraken Listings Unclear

Paul Brabus by Paul Brabus
November 7, 2021
in News
Reading Time: 3 mins read
0
shibainu price
Share on TwitterShare on Facebook

After dipping to a low of $0.00004 on Thursday, Shiba Inu has been trading sideways at the $0.00005 level. Moreover, we saw the trade volume decline this weekend which is a normal occurrence for crypto markets.

Let’s take a closer look at Shiba Inu and see what next week has in store for us.

Shiba Inu Robinhood News

The most talked about news when it comes to Shiba Inu is a potential Robinhood listing. Looking on twitter, it seems that Robinhood is willingly ignoring the #ShibaArmy that is blowing up their tweets’ comment sections.

Ohh no you guys are losing money on $doge!! There’s only one solution! $SHIB happens!

— πŸ¦πŸ• α–‡α—΄Tα–‡πŸ…žπŸ…–β„›πšππž 𝕐𝔼𝕆 πŸ•πŸ° (@CryptoYeo) November 6, 2021

Robinhood needs to either approve or deny the Shiba Inu listing. In my opinion, leaving a whole community in the dark while they “investigate” is a way to spread and perpetuate FUD.

Robinhood already doesn’t have the greatest reputation, back in July CNBC recently reported that “Feds seized Robinhood CEO’s phone as part of GameStop trading probe”.

The article stated:

“Robinhood faces dozens of putative class-action lawsuits and is under investigation by regulators, state attorneys general, the SEC, FINRA, and the U.S. Department of Justice following the Game Stop trading frenzy in January that resulted in multiple trading restrictions for users.”

Shiba Inu Kraken News

Another big detractor from Shiba Inu’s price is the news regarding the Kraken listing.

It seems that Kraken is following in Robinhood’s footsteps on keeping #ShibaArmy in the dark regarding the approval or denial of a listing, meanwhile posting tweets about other cryptocurrencies and enjoying the influx of traffic they are getting because of Shiba Inu supporters.

Dont Kraken hide this! Or we will post million times! πŸ˜‚πŸ‘ŠπŸ» Im your reminder πŸ˜‰πŸ€ pic.twitter.com/bXYeP4nPDX

— ♕𝐆𝐨𝐬𝐬𝐒𝐩 π’π‡πˆπβ™• (@GossipShib) November 7, 2021

It’s clear that the Shiba Inu community is extremely dissatisfied with the two exchanges, so much so that they tanked their app ratings on the Google Play store.

kraken ratings

There are over 12 thousand ratings for the kraken app most of which are 1 stars. It would be in Kraken’s best interest to stop dragging the listing along and either approve or deny it next week.

Shiba Inu Coinbase News

On a more positive note, Coinbase has recently added Shiba Inu for NY users. Go Coinbase!

We πŸ’™ NY

It’s official, SHIB is now available to trade, buy, sell and store on Coinbase for NY residents. pic.twitter.com/9yzjsBSMUf

— Coinbase (@coinbase) November 5, 2021

According to their tweet on November 5th, users in NY can now buy, sell, trade and store Shiba on the Coinbase platform.

Coinbase listed Shiba Inu back in September and saw a massive spike in users. So much so, that they started added Shiba to their marketing campaigns on Youtube and TikTok.

It’s unclear what the issue is with Kraken and Robinhood, by the looks of it most likely the exchanges will deny the listing. The real problem is the communication from the two exchanges which is unclear, and is a big reason for the FUD surrounding Shiba Inu.

Follow us on twitterΒ @thevrsoldierΒ to stay up to date with the latest cryptocurrency news!

Tags: shiba inu coin
Previous Post

NKN Price Up 37% After Team Releases October’s Monthly Report

Next Post

UMA Price Up 26% In Anticipation of Across Launch

Newsletter

Click to subscribe to our weekly newsletter

Press Releases

Press Releases

Could Aptos (APT) Be an Ethereum (ETH) Killer? Orbeon Protocol (ORBN) Poised for 6000% Gains After Listing

by Null Transaction PR
March 31, 2023

The cryptocurrency market is always evolving, and new tokens are constantly emerging to challenge established players. Two such tokens are...

Read more

Dogecoin (DOGE), Aptos (APT), Collateral Network (COLT) – Which Cryptocurrency Could Dominate The Market In 2023?

March 31, 2023

The Future of Trading: TMS Network (TMSN) Sweeps The Market, Enjoying 1400% Gains. Can Monero (XMR) and Litecoin (LTC) Keep Up?

March 31, 2023

Crypto Fear and Greed Index Shifts During XRP and Avorak AI Bull Run

March 31, 2023

Collateral Network (COLT) Presale Starts Bullish, Dogecoin (DOGE) and Ethereum (ETH) Holders Rush To Buy

March 31, 2023
  • About
  • Contact
  • Privacy Policy
  • Terms and Conditions

Β© 2022 The VR Soldier

No Result
View All Result
  • Featured
  • News
  • Education
  • Reviews
  • Press Releases

Β© 2022 The VR Soldier