The reason why Shiba Inu has been rising in the last week - RobinHood petition

[hunter_garl]

As many of you have noticed Shiba Inu has risen since the beginning of the month of October, but not as much as any other coin. So it flew under the radar of many who collect alt coin and trade them.
But since last night it has risen 30%.
So what is the reason for this epic surge while other coins including bitcoin has been tanking as much as 10% in the past week?
As CNN business had reported today it is because there is a petition to have it listed on the Robinhood trading platform.
https://www.cnn.com/2021/10/27/investing/shiba-inu-coin-price-record-robinhood-hnk-intl/index.html

Before yesterday it had been up 436% in the past month.
Which is a huge amount for just a meme of another fallacious coin known as dogecoin.

[CryptoboyRamesh]

What is happening with Shiba Inu is called pure gambling and speculation. As this meme coin was backed by few celebrities and Vitalik himself,  it gained a quick popularity which was pretty unexpected by many. And now that it has gained a huge popularity, people are trying to get that listed in exchanges. What I foresee, it will eventually become listed, either in Robinhood or in any other exchanges because it brings money to the exchanges. So I see further upside potential in this coin. Good for short term gambling!

[hair]

Shiba inu was pumped up due to several factors such as Elon Musk's tweets, it's normal that the price will increase as we will welcome the altcoins season