Shiba Inu is now halfway to removing another zero from its price, and it just passed Nissan in valuation
The price of Shiba Inu (SHIB) has hit yet another record high of $0.00005364 earlier today, according to CoinGecko data.
With a cryptocurrency market cap reaching $ 21 billion, Shiba Inu is now bigger than Japanese automaker Nissan ($ 19.9 billion) and South Korean tech firm LG Electronics ($ 19.88 billion). of dollars).
Robinhood keeps kicking the can down the road
As reported by U.Today, the question about the Shiba Inu listing was the top-voted one ahead of Robinhood’s Q3 earnings call.
Yet the company has failed to set the record straight despite investor expectations.
CEO Vlad Tenev said that the trading app was “carefully” evaluating new coins:
We feel great about the coins that we are currently listing on our platform and all the new coins that we are adding, we want to feel equally, if not more, great.
Robinhood’s shares plunged more than 8% in after-hours trading after the company revealed that its cryptocurrency-based revenue had tanked by a higher-than-expected 78%.
The brokerage app only made $ 51 million with cryptocurrency trades compared to $ 233 million during the previous quarter.
