Robinhood COO Hints at Shib Listing
Christine Brown, Robinhood’s chief operating officer was the first to speak at Decrypt & Yahoos Finance “Crypto Goes Mainstream”, she spoke about the companies future wallet integration, NFT’s and interestingly enough she praised Shiba Inu.
But this wasn’t an announcement of the coin being listed on the popular stock/crypto trading app, more of a Robinhood sees you and we may be with you, but don’t want to be sued.
“One of my favorite things is seeing the community around these coins really engage with us and let us know what they want,” Christine said speaking to Editor in Chief at Decrypt Daniel Roberts. But she also went on to state how customer safety on their platform was a priority over the short-term gain of listing these popular tokens.
A point being heavily driven by the mess that was Squid Game Token. For the uninformed, Squid Game is a Netflix series that is currently taking the public consciousness by storm, its popularity was capitalized on by malicious developers who listed a token with “plans” to have a game where the winner would win all liquidity of the token.
The coin quickly blew up, rising “3000% + in just a couple of days”, before falling just as fast as it rose, you can see it happen real-time in this hilariously sad Twitter video, of someone trading the token.
SHOCKING🚨: live video of squid game (#SQUID) Rug Pull, Price Dumped 99.99% (From $2800 to $0.004)
— Illiteratetrader (@since2o20) November 1, 2021
We have received multiple reports that the website and socials are no longer functional & the users are not able to sell this token in Pancakeswap.#ScamAlert #CryptoNews pic.twitter.com/sd5iNkU1wJ
This recent scandal is not diverting the Shib community though, they took to the petition organization Change.org, to begin a campaign with the goal of Robinhood listing the dog. The petition currently holds over half a million signatures.
I don’t see this campaign moving the company more than the acknowledgment they gave. “Our strategy is different than a lot of the other players out there who are racing to list as many assets as possible right now,” Christine reiterated.
The Shib community will just have to wait with baited dog breath, for a bone to be thrown at them by the so-called “Democratizers of Finance”. Find the full video interview with Christine here.