Will Robinhood Be Able To Deal With The Mass Number Of Investors Coming From Shiba Inu?

Now that I’ve successfully finished making and devouring my favorite breakfast coffee, eggs over easy, toast, and a small scoop of blueberry honey on the side, let me turn down my Megan Fox movie, and let’s talk Robinhood. Don’t worry; I can still hear it in the background.

I know, a lot of people are overly anxious to hear about Shib’s listing on Robinhood. However, Robinhood is taking its time and trying hard not to give away clues. Yesterday Robinhood’s CEO Vladimir Tenev tried his best to outrun the question when he was interviewed about offering SHIB! He didn’t say no about the listing and even managed to blurt out some odd rambling about not being the first to list due to safety reasons. We know, Coinbase has a rigorous system when it comes to vetting coins. So, Shib is safe.

Photo by Scott Webb on Pexels.com

If you recall, Dogecoin had to fight for their Coinbase listing. They had people like Mark Cuban and Elon Musk helping to lead the charge. In the end, Dogecoin was listed, but it took some convincing. Another catalyst could have been the timing around Dogecoin’s listing. The Coinbase stock was going down, and the Dogecoin listing, in my opinion, came to the rescue.

Robinhood isn’t in the same situation Coinbase was in when it listed Doge. Therefore, they can take a little time to figure out how to handle the Shiba Inu listing without having platform issues. When Dogecoin was running at its strongest, Robinhood was messing up left and right. Right now, we are talking about a coin that has a massive following! People are checking hour after hour for this Robinhood listing. Coinbase had hiccups their first week in listing Shib.

Any large platform would be a little nervous about this listing if they had issues in the past. Robinhood managed to grow its crypto team and hired people who were capable of dealing with cryptocurrency, but can they keep up with the volume? Wallets are going to be very important. Perhaps we will not see the listing until the wallets are live. I think we are currently 1,313,313 on the list for wallets. One reason the wallets will be important is due to people having coins on other platforms.

I think we need to chill out and let Robinhood figure out how to make the Shib launch successful. I will always feel like part of the issues that prevented Dogecoin from growing were the errors from platforms not knowing how to deal with the volume. I do not want to see that happen to Shib. It is imperative that the Shib listing goes off without Dogecoin flaws. We want a strong Shiba Inu! Now, back to the movie! I think I have like ten more minutes.

I am not a financial advisor.

Published by

shellzonit

Former investigator and mother of three wonderful girls. My blog is about learning how to navigate through life without placing yourself and the people you love at risk. I focus on parenting, community, and issues that define us as a nation.

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