Analysis-'When #shiba?' ask Robinhood users hungry for dogecoin-like returns

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By John McCrank and Tom Wilson
NEW YORK/LONDON (Reuters) - Investors clamoring for Robinhood Markets to host shiba inu, a meme-inspired cryptocurrency that has soared in value this month, may need to bide their time as the app-based brokerage says it is in no hurry to list new currencies and analysts expect revenue growth to come from elsewhere.
Shiba inu is a spinoff of dogecoin, itself born as a satire of a cryptocurrency frenzy in 2013, and has almost no practical use. Yet its price has rocketed by as much as 1,000% this month, leapfrogging dogecoin to become the world's eighth largest cryptocurrency with a $42 billion market cap.
The currency's eye-watering rally has Robinhood users demanding a piece of the action.
The No. 1 question upvotes on ...


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