Robinhood Share Price Drops 70% in 3 Months

HOOD, the share of Robinhood, which allows commission-free trading of exchange-traded funds and cryptocurrencies, fell by 70% in 3 months.

Robinhood (HOOD) share price since Aug. 70.39 from the highest level of dollars, 25.94 about a dollar 70% fell and the IPO price was 38 below the dollar.

Robinhood’s total revenue for the second quarter of 2021 after listing Dogecoin (DOGE) 41%′ini and crypto money trading 233 your million dollars 62%you just from Dogecoin won. However, the cryptocurrency trading volume on the platform was in the third quarter. 79% experienced a decline.

One analyst on the Robinhood exchange:

Robinhood seems to continue to ramp up its efforts to become the most used exchange. Those who think that crypto is irrefutable and will be here for a long time may want to take a closer look at this company.

said.

There are also approximately 1.6 million requests on the waiting list for Robinhood to launch the wallet feature. This number represents the total number of users as of the end of the third quarter of 2021. 7%forms the .

Shiba Inu (SHIB) No definite opinion has been given about the listing yet. But to list SHIB 541,000 signatures one with petition exists. rival Kraken stock market listed SHIB this week and a 30% increase in price.

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