Overview

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Key points: The Shiba Inu crypto price soared 35.21% after being listed on Robinhood. The move was expected since a similar listing on Binance triggered a rally. Immediate prediction: SHIB we be bought from Robinhood. 6 months: Shib will still be available on Robinhood. I predict between 60 to 80% pump for the day and 40 to 50% dump on the next Shiba Inu has officially been added to Robinhood's platform, and the token can now be traded. SHIB has been added to trade and transact on the largest exchan SHIB seems to have been affected positively by announcing its actual listing on Robinhood. The asset has gone up more than 17% at the time of writing this report, only a

How High Will Shiba Inu (SHIB) Go After Robinhood Listing?

The Shiba Inu crypto community has been buzzing! After much anticipation, Shiba Inu has officially been added to Robinhood's platform, opening the door for millions of new investors. But the million-dollar question is: how high will Shiba Inu go after being listed on Robinhood?

Key points:

  • The Shiba Inu crypto price soared 35.21% after being listed on Robinhood.
  • The move was expected since a similar listing on Binance triggered a rally.

The initial reaction has been undeniably positive. As SHIB seems to have been affected positively by announcing its actual listing on Robinhood, the asset has gone up more than 17% at the time of writing this report, only a short time after the announcement. This aligns with historical trends, as other cryptocurrencies have experienced significant pumps following Robinhood listings. The added accessibility and ease of trading on Robinhood contribute to increased buying pressure.

Immediate Prediction: SHIB on Robinhood

Immediate prediction: SHIB we be bought from Robinhood. The influx of new users eager to invest in Shiba Inu will likely drive the price up further in the short term. However, it's crucial to remember that cryptocurrency markets are highly volatile.

Based on previous listing patterns and market sentiment, we can anticipate the following:

  • Pump Prediction: I predict between 60 to 80% pump for the day. Expect a strong initial surge as the news spreads and new investors jump in.
  • Dump Prediction: 40 to 50% dump on the next. Following the initial excitement, a correction is highly probable as early investors take profits. This doesn't necessarily signal a long-term downtrend, but rather a natural market cycle.

Long-Term Outlook: Shiba Inu and Robinhood

Beyond the initial pump and dump, what does the future hold for Shiba Inu on Robinhood? While short-term price movements are difficult to predict with certainty, the long-term success of SHIB depends on several factors, including:

  • The overall health of the cryptocurrency market
  • The development and adoption of the Shiba Inu ecosystem (ShibaSwap, Shibarium, etc.)
  • Community support and engagement

6 months: Shib will still be available on Robinhood. This sustained presence will be crucial for maintaining visibility and attracting new investors. SHIB has been added to trade and transact on the largest exchan platform, which greatly expands its reach.

SHIB has been added to trade and transact on the largest exchan platform. While predicting an exact price target is impossible, the Robinhood listing undoubtedly provides a significant boost to Shiba Inu's potential for future growth. Investors should conduct thorough research and carefully consider their risk tolerance before investing in any cryptocurrency, including Shiba Inu.

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