What happened with Shiba Inu (SHIB) this week?

Once again, the SHIB army is making their voice heard with Shiba Inu surging to a new all time high of $0.00004442 per coin. We’re bringing today’s weekly round up surrounding the Shiba Inu token.

Is Shiba Inu (SHIB) listing on Robinhood?

There has been a recent link by CoinMomo going around stating that Robinhood will list SHIB token tomorrow, October 25, 2021. This assumption is made by CoinMomo and while Robinhood has not officially announced a listing date, it’s best to take this as a grain of salt.

Eventually, SHIB will inevitably make its way on the Robinhood platform but no one knows when this will happen unless it is official announced, other than that only Robinhood knows.

Elon Musk doesn’t hold and SHIB tokens

In the following tweet, Elon claims that he isn’t holding any SHIB.

It is important to note that even if you’re invested into SHIB, do not let people dictate your positions. Strengthen your process and you will come out on top.

Many investors see this as a bullish sign, “Thanks for confirming your acknowledgement.” said a Twitter user. Although he doesn’t have a position, he acknowledged the token and it’s community. Maybe down the line he’ll start a position.

Elon’s tweet caused a dip from around $0.000043 to $0.000032 but has since recovered to 0.000039 at the time of writing.

Can SHIB reach $1?

We can confidently state that the coin has the capacity to accomplish great things. If the coin begins to climb, the crypto community believes that Shiba Inu prices will restart their upward trend and continue to rise in the near future. However, no price prediction we’ve seen indicated that SHIB coins would ever trade for $1. Before the early 2021 crypto market bubble went up in flames last month, some excessively optimistic cryptocurrency price analysts claimed that it would reach $1 before the turn of the decade.

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