Robinhood and WeBull rival Public.com said in a statement last week that the platform will gradually launch 10 digital assets (Bitcoin, Ether, Cardano, Dogecoin, Litecoin, Bitcoin Cash, Stellar, Ethereum Classic, Dash and Zcash) over the next few weeks. It was stated that it would offer trading services. However, there is a meme cryptocurrency that is not on the specified list. shiba inu, now available for trading on Public.com.
The company announced today that the meme cryptocurrency Shiba Inu, named after the same Japanese dog breed, is now available on the Public.com trading app:
“Shiba Inu ($SHIB) is now available to members with crypto access.”
Shiba Inu ($SHIB) is now available for members with access to crypto. pic.twitter.com/hpbGIgHIEX
— Public.com (@public) October 20, 2021
The New York-based online brokerage added support for cryptocurrencies, starting with Bitcoin, Ether, Litecoin, Dogecoin, and a few other altcoins in early October.
Competing with Robinhood and WeBull, Public made its debut in 2019. After a $220 million funding round immediately following the initial public offering, the company reached a valuation of $1.2 billion in February.
As previously reported by KoinFinans, the Shiba Inu experienced a significant but non-permanent price increase on Monday due to rumors of fake Robinhood listings.
Earlier this month, Dogecoin rival; Listed on the oldest crypto exchanges in India and Turkey. Although Public.com is not seen as a huge platform like the ones we mentioned above and its competitors, it is an undeniable fact that it has recently come to the fore with its social aspect.
At the time of writing, SHIB is trading at $0.00002833 according to CoinGecko data.
Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, Koinfinans and the author of this content cannot be held responsible for personal investment decisions.