The News Pit

Shiba Inu: Meme Coin Soars Upto 50%, Bags 11th Position in Cryptocurrency Market

Shiba Inu token soars up to 50% over the weekend becoming the 11th biggest cryptocurrency by market value.

A large number of whales have taken entry position in Shiba Inu.

Shiba Inu investors are celebrating after the meme coin jumped up to 50% in a record-setting bull run over the weekend becoming the 11th-biggest cryptocurrency by its market value. Investors of SHIB are patting themselves on the back as Shiba Inu reaches the stratosphere and maybe to the moon someday.

According to the pricing from CoinGecko.com, the meme coin also known as SHIB doubled in 24 hours through 10:10 AM New York time on October 24 and made a new record earlier in the day.

Investors filed a petition for listing SHIB on Robinhood?

Followers and investors of the meme coin have even submitted a petition on Change.org imploring the crypto exchange platform Robinhood to list SHIB on its platform.

#SHIBARMY #ShibaArmy definitely bigger.#Shib #SHIB pic.twitter.com/U1XTNPlY1y

— Sensei (@Sensei13129836) October 24, 2021

The petition has already garnered nearly 300,000 signatures so far. Moreover, the token has gained over 40 million per cent in the past year. Rumors have been doing the rounds about the token getting listed on Robinhood for a long time. However, there’s no official confirmation from the crypto exchange platform to list the meme coin SHIB.

I did it!! I went all in. Converted the last of my Doge to #SHIB 😎😎🚀🌕 pic.twitter.com/v0gIPdJgNF

— Amy. With a Why? (@Wen_Amy_Wen) October 24, 2021