The growing clamor for Robinhood to add the Shiba Inu coin to its platform is helping boost the cryptocurrency to record highs.
The SHIB token, as it’s known, has risen 13% in the past 24 hours, according to data from CoinGecko. It is currently the 11th-biggest crypto with a market value of nearly $24 billion.
A Change.org petition asking Robinhood to list Shiba Inu-a Dogecoin-inspired meme cryptocurrency-now has more than 326,000 signatures.
On the company’s earnings call Tuesday, Robinhood CEO Vlad Tenev said it’s “carefully” considering adding new coins to its offerings.
