Robinhood is giving away a SHIB valued at $100,000 to the first 10,000 users
Following the recent announcement of Shiba Inu’s (SHIB) listing alongside Solana (SOL), Polygon (MATIC), and Compound (COMP), commission-free investing platform Robinhood has announced further benefits for its members.
Indeed, the investing platform announced on Twitter after the announcement of SHIB’s launch that it is giving away $100,000 in SHIB to 10,000 subscribers.
“We launched a new cryptocurrency. And we’re giving away a hundred thousand dollars of it. To get some, retweet this tweet with your Robinhood username (@ included!). The first 10,000 tweets with a quotation will earn $10 in SHIB.”
“You can discover your Robinhood Username on your profile page on your account page,” the platform states in a following tweet, along with instructions on how to locate the username.
To be eligible to win, users must be among the first 10,000 customers to retweet the giveaway link, with the deadline for participation set for April 12, 2022, at 6 p.m. Eastern Time. Within 24 hours after the retweet, the incentives will be available for redemption on the app.
Following the announcement, the meme currency had an influx of funds from crypto traders looking to purchase Shiba Inu Coin, and the internet was ablaze with enthusiasm.
A total of $1 billion was pumped into the digital asset in less than an hour, with the dog coin surging from $12.55 billion to $13.75, adding $1.2 billion to its market capitalization, according to CoinMarketCap. SHIB is now trading at $0.00002761, up 19.4% in the last 24 hours and 5.52 percent over the past seven days.
As of now, the DeFi token has a market worth of $15.4 billion, representing just under a $3 billion influx from the point of the first jump. As a consequence, Shiba Inu currently ranks first among the top 100 cryptocurrencies in terms of gain.
Finally, during the past few days, the shib-burn program to monitor has observed a considerable quantity of Shiba Inu tokens being removed from the circulating supply. During this time span, a total of 258,294,131 SHIB were consumed.