If priced at $0.00005388, SHIB’s revenue this year has exceeded 73 million%, so it is not surprising that speculative demand has driven waves. Bloomberg reported that the rapid rise of cryptocurrencies has also triggered an increase in demand for SHIB.
However, in an interview with Decrypt, Christine Brown, chief operating officer of Robinhood cryptocurrency, still poured cold water on the popularity of related currencies. He pointed out that the company is pursuing a more selective strategy than its peer Coinbase.
At the same time, he believes that Robinhood’s strategy is slightly different from many other companies that are racing to list as many assets as possible. After all, for Robinhood customers, the short-term benefits they can obtain are not suitable for weighing long-term benefits.
Although he did not directly name SHIB, Christine Brown undoubtedly eased his desire to quickly list similar memecoins on the Robinhood platform. On the positive side, at least this public remark did not trigger a sell-off of memecoins.
Finally, as Robinhood takes a step back, the SHIB bulls are bound to turn their attention to Kraken Exchange.
Earlier, the transaction received a lot of likes from the Shiba Inu Coin community, and it has publicly promised to start the ICO review process.