Did Shiba Inu Fuel Coinbase's Q4 2021 Success? Robinhood Should Take Note
In Q4 2021, Shiba Inu (SHIB) experienced a meteoric rise, leaving a significant impact on the cryptocurrency market. According to Needham analyst John Todaro, this rally propelled by Shiba Inu may have significantly raised Coinbase’s Q4 revenue and earnings estimates. In fact, the trading volume driven by SHIB may have helped the Coinbase App reach new heights.
But while Coinbase potentially benefited, Robinhood may have missed out. Shiba Inu supporters have long called for Robinhood to add the dog-themed coin, even creating a Change.org petition that reached over half a million signees in 2025. The platform already does support other cryptocurrencies.
Shiba Inu's Impact on Coinbase
Coinbase, which has become known as the leading exchange, listed Shiba Inu on Coinbase Pro, sparking yet another rally. This Coinbase Pro listing for Shiba Inu sparks yet another rally, highlighting the demand for SHIB and its potential to drive trading volume. SHIB's rally, Todaro said, helped... This points to a potential missed opportunity for platforms that didn't list SHIB.
Similar to its predecessor Dogecoin, when the meme coin hit its new high, investors scrambled to sell and take profits. Shiba Inu rose to an all-time high of $0. on Oct. 28 before the crypto market sell-off dragged it lower.
Robinhood's Crypto Income Struggles and the Shiba Inu Question
Robinhood will be reporting earnings soon, with crypto revenues again in focus. Robinhood reported a loss on its crypto income in Q4 2025, worsening losses from the previous quarter, and Shiba Inu may be one of the reasons. Further evidence of declining income will spur fresh calls for the company to list Shiba Inu. This pressure on Robinhood would happen at every turn.
Shiba Inu investors and community members believe that a Robinhood listing could propel the coin to even greater heights, as evidenced by a change.org petition imploring Robinhood. Why hasn't Robinhood capitalized on this demand?
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Should Robinhood Be Taking Notes?
The potential impact of Shiba Inu on Coinbase's Q4 2021 success, contrasted with Robinhood's struggling crypto income, raises a critical question: Should Robinhood be taking notes? The clear demand for SHIB and its demonstrated ability to drive trading volume suggests that listing the coin could be a strategic move for Robinhood to revitalize its crypto revenues.