Robinhood COO praises Shiba Inu as crypto wallet waitlist grows to 1.6M
Robinhood COO praises Shiba Inu equally crypto wallet waitlist grows to 1.6M
Pressure is mounting for Robinhood to listing one of the most popular memecoins on the market, and the waitlist for the platform's crypto wallet has grown to 1.six million users.
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Robinhood chief operating officer Christine Brown has praised the Shiba Inu community merely said safety was the platform's priority over the "short-term proceeds" of listing new tokens.
Brownish made the comments in an interview for the Crypto Goes Mainstream event streamed live on YouTube on Tuesday. When asked nigh Shiba Inu (SHIB) she said:
"One of my favorite things is seeing the community around these coins really engage with us and let the states know what they desire."
Still, Chocolate-brown would not be drawn on whether the American stock and crypto trading app would list Shiba Inu. SHIB is currently the 11th-largest cryptocurrency with a market place capitalization of $30 billion.
The customs has stepped upward a campaign to convince Robinhood to listing SHIB, and a Modify.org petition has now obtained more than than half a meg signatures.
Brown stated that Robinhood is a "safe-first company" that closely assesses the regulatory feasibility of its listings.
"Our strategy is unlike than a lot of the other players out at that place who are racing to list every bit many avails as possible correct now," she said.
"We think that the curt-term gain to united states is not worth the long-term tradeoff for our users."
Brown also revealed that Robinhood'south crypto wallet waitlist has surpassed 1.half dozen million users. When launched, the crypto wallet volition finally allow users to motility cryptocurrencies on and off the platform. The high demand indicates users are eager to gain command over their coins.
Related: Next generation of crypto millionaires: SHIB allows warehouse director to retire
SHIB is priced at $0.00005430 on CoinGecko and has been on a downtrend since Nov. 3 when a wallet holding about $5.vii billion of the token sprang back to life.
Source: https://cointelegraph.com/news/robinhood-coo-praises-shiba-inu-as-crypto-wallet-waitlist-grows-to-1-6m
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