Shibarium News Boosts Robinhood’s Shiba Inu Portfolio by 1.3 Trillion SHIB

Shibarium News has bolstered Robinhood’s Shiba Inu wallet with a whopping 1.3 trillion SHIB tokens. Robinhood has seen a notable increase in its Arkham Intelligence reserves, with its holdings of Shiba Inu’s SHIB rising from 32.85 trillion tokens to 34.1 trillion tokens between August 1st and September 1st. Currently, SHIB is ranked as the third-largest asset in Robinhood’s cryptocurrency portfolio, with an estimated value of around $272.38 million, representing 4.26% of the broker’s total digital asset holdings. The top two positions account for 94.2% of the portfolio.

Shibarium was successfully launched earlier this week after overcoming short-term scalability challenges, thanks to the collaboration between Shiba Inu and Polygon. Robinhood’s SHIB holdings decreased by 66.47 billion tokens, underscoring the cryptocurrency’s importance and adaptability in the evolving digital economy. Shibarium enters September on an optimistic note, and the numbers reflect that.