Robinhood has sold a total of 2.7 trillion SHIB tokens. Will this affect volatility?
Shiba Inu attracts a lot of investor attention
According to data, the Robinhood cryptocurrency exchange has sold a total of 2.7 trillion Shiba Inu (SHIB) tokens, worth approximately $48.34 million. Currently, the total value of Shiba Inu tokens held in Robinhood wallets is $653.52 million.
Increased decentralization
Shiba Inu's lead developer Shytoshi Kusama recently publicly emphasized the token's decentralization capabilities.
The Shiba Inu ecosystem can serve as a practical solution to mitigate the risks encountered by centralized systems, especially in the recent CrowdStrike outage.
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