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Robinhood Becomes Third Largest Shiba Inu Exchange in the United States

A crypto trader going by the name Lola tweeted: Major trading boards in the United States

It has become the third largest exchange holding Shiba Inu coins after Crypto.com and Binance

Lola cited data from Arkham Intelligence, a crypto market analysis company. Famous in the United States, stating that the Robinhood trading board currently holds a total of 36.825 trillion SHIB of Shiba Inu coins.

Lola also revealed that Robinhood sold approximately 468 BTC, or $19,449,144 worth of Bitcoin, while selling Shiba Inu coins for an additional 140 billion SHIB. Robinhood currently holds a total of 36.825 SHIB of Shiba Inu coins and sold them.

Meanwhile, Lola has released an update. Since January 17, Robinhood has scooped up an estimated $371 billion in Shib Inu transactions.

Robingood exchange holds a total of 36.825 trillion SHIB worth $347.63 million. This makes the Shiba Inu the third most widely held asset on the exchange behind Bitcoin and Ethereum.

With the market cap of Shiba Inu SHIB 36.825 trillion on Robinhood worth $347.63 million, this dollar value makes Shiba Inu the third largest token under the exchange’s umbrella, behind Bitcoin and Ethereum in particular. Notably, Robinhood’s Shiba Inu performance is more than double that of Avalanche (AVAX), a coin that follows closely.

Additionally, Arkham Intelligence data shows that with more than 36 trillion Shiba Inu tokens, Robinhood is the third largest Shiba Inu exchange. After exchanges there are only Crypto.com and Binance.
Source: Coinedition

2024-01-21 13:17:37
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