Trading platform Robinhood has reported that 40% of its cryptocurrency transaction-based revenue was attributable to transactions in the meme cryptocurrency dogecoin in the third quarter. By comparison, dogecoin accounted for 62% družbe’s transaction-based revenue in the second quarter.
Dogecoin Trading on Robinhood
Robinhood Markets Inc. stated in its quarterly filing with the U.S. Komisija za vrednostne papirje in borzo (SEC) Friday:
For the three months ended September 30, 2021, 40% of our cryptocurrency transaction-based revenue was attributable to transactions in dogecoin.
This was a significant decrease from 62% for the three months ended June 30, in 34% for the three months ended March 31.
Robin Hood’s third-quarter transaction-based revenue totaled $267 milijonov, with only $51 million coming from cryptocurrency trading. Revenue from crypto trading totaled $233 million in the second quarter.
Podjetje’s Q3 filing further notes: “For the quarters ended September 30, 2021, junija 30, 2021, and March 31, 2021, transaction-based revenue attributable to transactions in dogecoin comprised approximately 8%, 32%, in 7% of our total net revenues, respectively.”
Robinhood explained, “We support trading in dogecoin and we benefited from a surge in interest for dogecoin during the quarter ended June 30, 2021,” dodajanje:
While we currently support seven cryptocurrencies for trading, market interest in particular cryptocurrencies can be volatile and there are many cryptocurrencies in the market that we do not support.
DOGE was down about 9% in the past 24 ure, but up 7% in the last seven days and 32% v zadnjem 30 dnevi.
Trenutno, supporters of DOGE rival shiba inu are peticijo on Change.org for Robinhood to list SHIB. V času pisanja, more than 432K signatures have been collected. “Dogecoin je bil velik uspeh za Robinhood, in njenimi vlagatelji. Vsi smo uživali v vožnji. Shiba Inu je podoben meme kovanec z resničnim potencialom, gor 2,000% v zadnjih tednih,” the petition states.
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