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Will Shiba Inu's Burn Portal Be a Bigger Catalyst Than Its Robinhood Listing?

TheMotleyFool

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Will Shiba Inu's Burn Portal Be a Bigger Catalyst Than Its Robinhood Listing?

The long wait is over. Robinhood Markets (NASDAQ: HOOD) announced last week that it's adding support for Shiba Inu (CRYPTO: SHIB) to its platform. This news lit a fire beneath the meme coin with SHIB's price soaring as much as 34%.

But a hotter fire could be on the way with a burning mechanism in the next version of the ShibaSwap decentralized exchange. Will Shiba Inu's burn portal be a bigger catalyst than its Robinhood listing?

Image source: Getty Images.

Source Fool.com

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