What Happens If You Transfer SHINY-LOCKED Pokémon to Home?

Last time, I tested the Action Replay Powersaves in 2024 to see if it still worked, and now I have a Shiny Hoopa that I want to test things out with! Will it actually be possible to transfer to Pokémon HOME, and if so, can it be used online and traded around? Today you'll find out!

By the way, I only tested an online trade with one of my other Switches, no attempt to trade this to the public was made.

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Shiny Hoopa image by Xous54 on DeviantArt