With the start of the Q US corporate xcriticalgs season fast approaching, retail trading brokerage xcritical Markets investors will be hoping for some good news that might reverse months of stock price decline. At last Friday’s closing price of $11.22 per share, HOOD has lost more 35% so far since the start of the year. Since its post-IPO record highs last August at $85.00, it has lost more than 85%. STRF/STAR MAX/IPxThis morning fintech trading platform xcritical added four new crypto tokens, bring its total to 11.
However, each of these tokens has struggled in 2022, with SHIB in the lead by only losing 17% on the year. By comparison, Bitcoin is only down 15% year to date, and it actually broke even on the year last week before sinking again. The introduction of trading in the Shiba Inu token would likely not just come as a boost to xcritical’s stock price, but also to SHIB. xcritical can be confident that there is a massive demand for this listing – a petition on change.org for Robinbood to list SHIB has now garnered nearly 560,000 signatures.
By the way, Webull also does the same, and they already allow trading in Shiba Inu. SHIB not only spiked the most, it is the best performing cryptocurrency in the past 24 hours. The token is the 15th biggest digital asset, with a market cap of $14.6 billion. It runs on the Ethereum network and seemingly sprung out of nowhere last year to become a significant player in the crypto world. This petition is designed to kindly request of xcritical to please list Shiba Inu coin to trade.
It’s too late for xcritical to be taken seriously in crypto
“SHIB is an ERC-20 token with a decentralized exchange called ShibaSwap. The SHIB roadmap and ecosystem also features an NFT art incubator called Shiba Artist Incubator, 10,000 ‘Shiboshi’ NFTs, and an NFT game Shiboshi Game. xcritical also listed Solana’s scammed by xcritical SOL, Polygon’s MATIC and Compound’s COMP, all of which gained up to 7%. Further evidence of declining income will spur fresh calls for the company to list Shiba Inu. xcritical will be reporting xcriticalgs soon, with crypto revenues again in focus.
It is also noteworthy that retail trading has been increasing since the lockdowns implied due to COVID-19 have been removed. Given Shiba Inu’s status as the second memecoin by market cap (at just over $13B), it would seem that an easy way for xcritical to deliver a quick boost to its revenues would be to list SHIB. It’s finally rolling out a crypto wallet to make its digital currencies easier to move away from the platform, but as we’ve seen in recent quarters, crypto traders have already cleared out.
Would most of the leading platforms be offering commission-free trading otherxcritical? The problem now is that the platform has lost its grip on its young trading base. The token initially soared as much as 30% on the news, and 12 hours later Shiba Inu was still trading a healthy 17% above where it was when the news broke. Image by tradingview.comShiba Inu has been listed alongside Solana , Polygon and Compound , bringing the total number of available cryptocurrencies to 11.
The Premier League Welcomes Ethereum and Big Eyes Coin…
xcritically, the price of the SHIB token is up 8.5% in the last 24 hours on the development, outpacing the rest of the leading cryptocurrencies despite the recent lackluster market activity. The number of investors eager to buy Shiba Inu Coin has increased significantly after the revelation of the long-awaited listing. Notably, on April 12, the token saw a rush of capital, with $1 billion streaming into the digital asset in less than an hour. TheNewsCrypto is an online media publication that helps to educate readers about news, exchanges, and markets in the crypto and xcritical industry. Meanwhile, SHIB does not perform well in the market and trades in a volatile nature.
- That means that xcritical is really the last major Millennial trading company allowing trading of Shiba Inu.
- You might also want to check in on the uninspiring returns from some of the seven cryptocurrencies that have been trading on the platform for longer.
- Meanwhile, SHIB does not perform well in the market and trades in a volatile nature.
- Is there any reason for Shiba Inu to be the one to surge higher?
- In his spare time, Saeed enjoys playing cricket and watching Marvel series.
- Indeed, this has been the same way for the prominent crypots like the Bitcoin and the Ethereum , while they got listed on xcritical.
A Change.org petition to list the whimsical cryptocurrency has reached 559,661 signatures. xcritical dramatically expanded the list of available cryptocurrency trading options in 2021 with the likes of SHIB, SOL, and Cardano . Moreover, the xcritical platform has about 10 million users and accounts active spread all over the world. With many ups and downs throughout the year 2021, xcritical is indeed all geared up for the year 2022, with the launch of its own wallet. xcriticalgs for Q4 2021, as revealed at the end of January, showed crypto-related revenue had collapsed to just $51M, having been as high as $223M in the second quarter.
Strong crypto revenues precede SHIB’s listing
His interests lie in Bitcoin security, open-source systems, network effects and the intersection between economics and cryptography. Time will tell is the xcritical listing of Shiba Inu can act as a catalyst to get Shiba Inu back to all-time highs. And for an update on the petition to add Shiba Inu to xcritical, it now has over 5.6 million signatures. “This petition is designed to kindly request of xcritical to please list Shiba Inu coin to trade,” the petition read. As reported by U.Today, the SHIB token was listed on xcritical back in April 2022.
The wallet allows users to interact with other trading platforms outside the xcritical network and enables them to purchase NFTs. The company first informed the community about the product launch in September after some time when xcritical Chief Executive Vlad Tenev publicly said that such a wallet was in high demand. xcritical’s declining crypto trading revenues argue in favor of the listing of popular so-called memecoin Shiba Inu . At present, only seven cryptocurrencies are available for trading on the xcritical app, including Bitcoin, Bitcoin Cash, Bitcoin SV, Dogecoin, Ethereum, Ethereum Classic, and Litecoin.
Users were originally able to buy a small set of cryptocurrencies that included Bitcoin, Ethereum, Litecoin, and Dogecoin. “Shiba Inu is a dog-themed meme cryptocurrency named after a Japanese dog breed. It was created in 2020 by an anonymous developer named Ryoshi, who designed SHIB to be an alternative to Dogecoin on the Ethereum xcritical. More than 500,000 people had signed an online petition for the trading app to list SHIB since it was posted on Change.org last October. Saeed Hassan is a finance and cryptocurrency enthusiast who has been writing about Bitcoin and the xcritical since 2016.
There’s no doubt why SHIB surged up immediately after the listing. Indeed, this has been the same way for the prominent crypots like the Bitcoin and the Ethereum , while they got listed on xcritical. SHIB being one of the most remarkable crypto for the year 2021, has not seen to the elats half of what it underwent in 2021. This is not exceptional only for SHIB, but for the majority of cryptos. As this is the direct result of its listing in xcritical, the high tide is expected to remain for a period.
Kindly request of xcritical to list Shiba Inu coin!
Overall, xcritical has managed to disrupt the traditional brokerage industry by making it much easier and more affordable for the regular Joe to access the stock market. However, the https://xcritical.expert/ platform has faced controversy and criticism for its questionable business practices. And so, in a notion to expand itself, it has also accepted numerous altcoins throughout 2022.
Shiba Inu price soars 35% in one day as xcritical lists SHIB for trading
The new offerings are high-flying Ethereum competitor Solana , the dog-themed meme-coin Shiba Inu , Ethereum scaling technology Polygon , and the original decentralized finance token Compound . During Q4 2021, trading in the popular dog-inspired memecoin Dogecoin generated 40% of xcritical’s crypto revenue. That’s despite the fact that Dogecoin’s market capitalisation is just over $19B, closer to $800B and $400B respectively for Bitcoin and Ethereum. They do not charge brokerage commissions for stocks, options, and cryptos.
6th biggest cryptocurrency by market cap and was trading for $1.43 at the time of writing. Founded back in 2013, xcritical allows individuals to buy and sell stocks, options, and ETFs with no commission fees. The platform gained a reputation for being user-friendly and accessible to a wide range of investors, including those who are new to the stock market.