Skip to content

Revolut silently adds Shiba Inu to its banking app with 15 million users

Revolut silently adds Shiba Inu to its banking app with 15 million users
Jordan Major

U.K. challenger bank Revolut seems to be expanding its cryptocurrency assets after silently adding the decentralized meme token Shiba Inu (SHIB) to its banking app.

Indeed, the fintech company, which has more than 15 million users, looks to have implemented a function that allows users to buy Shiba Inu Coin on its trading platform.

Buy Shiba Inu. Source: Revolut app

The Shiba community first became intrigued when Revolut modified their official Twitter handle’s cover picture. In the cover shot, the Shiba Inu Dog is seated in an office chair in front of a laptop. A slogan inscribed on the wall in the backdrop reads, “Never Settle.”

No official announcement made yet by Revolut

Even though Revolut also released a teasing video on February 2 in which a Shiba Inu Dog appears to be working as a Chief Officer, the company headquartered in London has not officially announced any listing yet. 

Although considering the evidence, it is reasonable to conclude that Revolut App has added the Shiba Inu token to its trading platform. However, it remains unclear why a decision has not been made to officially announce it.

Currently, SHIB is ranked 14 by total market cap and is trading at $0.00002938, down 5.64% on the day and 5.61% in the last week, according to CoinMarketCap statistics.

Shiba Inu 7-day price chart. Source: CoinMarketCap

The coin’s market capitalization has decreased to $16.1 billion, a far cry from the $41 billion it hit on October 29.

Given the enormous fall, Finbold’s most recent SHIB price prediction examined the long-term price pattern for Shiba Inu and if the token could set a new all-time high in 2022.

Best Crypto Exchange for Intermediate Traders and Investors

  • Invest in cryptocurrencies and 3,000+ other assets including stocks and precious metals.

  • 0% commission on stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.

  • Copy top-performing traders in real time, automatically.

  • eToro USA is registered with FINRA for securities trading.

30+ million Users
Securities trading offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. Finbold.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD

Read Next:

Finance Digest

By subscribing you agree with Finbold T&C’s & Privacy Policy

Related posts

Sign Up

or

By submitting my information, I agree to the Privacy Policy and Terms of Service.

Already have an account? Sign In

Disclaimer: The information on this website is for general informational and educational purposes only and does not constitute financial, legal, tax, or investment advice. This site does not make any financial promotions, and all content is strictly informational. By using this site, you agree to our full disclaimer and terms of use. For more information, please read our complete Global Disclaimer.