Meme-coin darling and frequent moon-traveler Shiba Inu (CCC:SHIB-USD) is rumored to be listed on trading platform Robinhood (NASDAQ:HOOD) as early as February. Now, judging from the looks of things, cryptocurrency bulls are barking in rejoice. Shiba Inu price predictions are everywhere today, with listing rumors prompting a strong jump for the crypto.
What does today’s Robinhood listing rumor mean for the infamous pupcoin?
Shiba Inu investors have been clamoring over a Robinhood listing for months now and it appears the time has finally come. Today, Breaking Crypto tweeted out a strong prediction that the token will be listed sometime in early 2022.
— BreakingCrypto (@BreakingCrypto5) January 12, 2022
Robinhood is a major trading platform and, since adding crypto to its already expansive selection, it has only continued to grow. As such, SHIB’s more than 15% jump on the news makes sense. Like the “Coinbase Effect” seen with Coinbase (NASDAQ:COIN), a listing on a major exchange usually does immediate wonders for a crypto’s value. Robinhood certainly fits that bill.
So, with Shiba Inu’s much-anticipated listing making waves for the token, let’s see where the experts think this crypto is headed next.
Shiba Inu Price Predictions
Wallet Investor believes SHIB is a strong short-term and long-term buy. They believe the crypto will hit $0.000076 by the end of the year, more than double its current $0.000032 price. In five years, they have another generous price target of $0.000266 for a more than 700% increase.
CoinQuora believes Shiba Inu will shed a zero by the end of 2022. The site sees the token closing the year at $0.002, a strongly bullish prediction.
Crowd Wisdom’s aggregated prediction for the coin is relatively conservative. They have an average price target of $0.000054 per token by year-end.
On the date of publication, Shrey Dua did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.