Shiba Inu in Robinhood - is the coin supported by the app?

Shiba Inu coin meme has been added to Robinhood. At least users can already watch the currency on the official website. It is assumed that the coin will be available to investors, there is no commission for it. However, Robinhood itself has not yet announced the official listing procedure.

Despite this, the news managed to make some noise - the cost of the coin on the crypto market jumped by 7%. At the same time, other coins did not show such activity.

The introduction of the token happened along with other coins, which increased the number of available crypto assets to 11.

The news of the addition of Shiba Inu is a bit odd given the company's policy. The director and other Robinhood executives did not comment on the use of the coin on their site. Moreover, the operating director of the company stated that the main thing for the site is quality, and they have never been interested in quantity. However, Shiba Inu is already on the main page.

Recall that Robinhood started working with crypto assets in 2018. The first coins were Bitcoin and Ether, then they were gradually supplemented with others. But, despite the active development of the crypto industry, the site was in no hurry to actively introduce coins into its system.