The Robinhood Petition Leads To a Surge in Shiba Inu

The SHIB token or cryptocurrency Shiba Inu has seen a surge in its value. The cryptocurrency is the 11th biggest cryptocurrency in the country with a market value of nearly $24 billion. The surge was seen after a petition was started on Change.org, asking Robinhood to include Shiba Inu in its list. It is signed by more than 326,000 people online. Chief Executive Officer Vlad Tenev has said that the platform is planning to add new coins to its offering. 

The surge is also seen as a result of a tweet done by Elon Musk clearing up that he does not own the crypto coin and owns Bitcoin, Ether, and Dogecoin only. With people getting more into investing in cryptocurrency, it has raised the value of different crypto coins.