The rumors were subsequently taken up by the libertarian fiscal site Zero Hedge’s Twitter handle that has over 1.1 million followers.
Following the quick price increase, the meme currency reached a high of $0.00003240 prior to actually trimming significant profits.
The market-moving rumor seems to have started from a Twitter handle known as “First Squawk,” which is infamous for propagating false information.
In October, the identical user claimed, claiming an unknown informant, that Shiba Inu will be available on Robinhood. The corporation refuted this.
“First Squaw” posted in February claiming the US Securities and Exchange Commission was looking into Tesla CEO Elon Musk’s Dogecoin post. The (clearly untrue) rumor did not go ignored by the centibillionaire.
However, at the reporting time, no official report has been published by Robinhood to see if the latest tweet is a hoax or true.
An Initiative on change.org to put Shiba Inu on the famous online trade site has received over 500,000 signatures but to no effect.
Christine Brown, Robinhood Crypto’s chief operational officer, stated in November that the firm was not in a rush to offer compatibility for fresh cryptos, arguing that the business favors excellence above abundance.