It’s not the listing everyone was waiting for, but it’s still great news for the entire Shiba Inu Crypto Token ecosystem. Yes, because $SHIB has recently been listed on Public.com, one of Robinhood’s main competitors in the USA, enabling its users to trade this crypto-currency too.
This is very important news for the protocol – which, while waiting to be listed on Robinhood, continues to expand its reach and become increasingly common among any type of intermediary offering crypto-currencies.
Shib’s price, which is extremely stable over 24 hours, could be positively affected by this wave of new listings. We can invest there with crypto platform eToro – go here to get the exclusive demo account and with crypto-trading included – an intermediary that has included $SHIB in its list of 35+ cryptos and offers exclusive fintech services.
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Token Shiba makes its debut on Public.com
Public.com is one of Robinhood’s competitors in the USA, as it seeks to follow the same approach of bringing small and very small investors into the market. Although the volumes moved by Public.com are actually much lower than those of Robinhood, this is a good sign for the Shiba Inu Token, which continues to gain markets and intermediaries.
There are only a few market access points left that do not offer the opportunity to invest in Shiba Token – the big absentee being Robinhood, which, according to early rumours, should have listed SHIB in recent days. Technical problems – similar to those affecting Coinbase, for example, could be at the root of this postponement, with some beginning to talk of 2022 as the earliest date for $SHIB’s arrival on one of the leading US intermediaries.
Altcoin and meme tokens: can the bull run go hand in hand?
Looking at today’s markets, altcoins seem to be on a roll, performing much better than bitcoin over the past 24 hours, which was at the center of yesterday’s rally, once again surpassing its all-time high.
Ethereum is back with a vengeance, dragging its historic rivals behind it. The meme crypto-currencies, which are now in a cycle of their own, have remained relatively static. However, the dynamics could be seen as a moment of accumulation, with both $SHIB and Dogecoin likely to make up for the relative distance accumulated today.
The weekly moving averages for $SHIB are strongly bullish, even compared with the 24-hour reading we have. Comparison with conventional indicators opens up other avenues of interpretation, at least as far as volatility is concerned.
Here too, a totally positive scenario dominates – the ATR, however, confirming a period of greater volatility for the token – which is already more volatile than the market average.
A situation we can exploit with the right tools. Capital.com – go here for a free demo account with all the market’s best features – offers $SHIB on platforms such as MetaTrader 4 and TradingView – two professional platforms that let you surf even short-term volatility.
For Shiba Token, even in the light of its recent listing, a very interesting time lies ahead, both for those looking to the long term (and can find relatively discounted prices now) and for those who like short-term volatility.
