Shiba Inu (SHIB) overtook Polygon (MATIC) due to new Robinhood roster rumors
The price of Shiba Inu (SHIB) spiked more than 8% after several squawk accounts tweeted that the meme cryptocurrency would be finally listed by online trading platform Robinhood in February.
Canine cryptocurrency managed to regain 13th place by market cap, overtaking Polygon (MATIC).
The rumors were then picked up by the Twitter account of libertarian financial website Zero Hedge, which has more than 1.1 million followers.
The price of the same coin peaked at $ 0.00003240 after the price surge before cutting some gains.
The market-moving rumor appears to have originated from a Twitter account called “First Squawk,” which is notorious for spreading fake news.
In October, the same account tweeted that Shiba Inu would be listed on Robinhood, citing an anonymous source. This has been denied by the company.
In February, “First Squaw” tweeted that the U.S. Securities and Exchange Commission was investigating Tesla CEO Elon Musk over his Dogecoin tweet. The (obviously false) rumor wasn’t left unnoticed by the centibillionaire himself.
U.Today has contacted Robinhood to confirm if the most recent tweet is also false.
