Shiba Inu jumped 38%, reaching a record high, as the number of petitions for Robinhood totalled 330,

Shiba Inu set a new record on Wednesday for growing calls for trading app Robinhood to add the coin to its list of cryptocurrencies.

According to CoinGecko, the token was up 38% to $0.00005763 as of 3:30am ET, bringing its growth over the past month to nearly 710%. With a market value of $28 billion, it is the 11th largest crypto-asset.

An online petition, created by a Change.org user called Tristan Luca in May, asks people to sign up to "encourage RobinHood to be the first traditional brokerage" to list Sib - another coin.

The petition aims to reach 500,000 people. At the time of writing, at least 332,698 people have signed up.

Shiba Inu is already available for trading on other platforms, including Coinbase , Binance , eToro , Crypto.com , Atomic Wallet and KuCoin. Meanwhile, users only have seven cryptocurrency options on Robinhood, including bitcoin , dogcoin and ether.

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"We are very, very happy with the coins we are currently hosting on our platform," Robinhood CEO Vlad Tenev said during a teleconference on Tuesday. "And in terms of any new coins we add, we want to feel equally, if not more, good about them. So we will be very careful. We are a regulated organisation and we hope to have some clarity soon. coins."

Shiba Inu, a subsidiary of Dogecoin , rose more than 20 per cent on Tuesday after the anonymous crypto-kit bought 276.6 billion tokens for about $11.5 million. As Google's third most popular cryptocurrency in 2021, it is impossible to ignore.

Ilon Musk's tweet about his siba inu puppy Floki dramatically boosted the meme token flow this month. But the value of the coin briefly dropped after Musk revealed that he did not actually have any personal investment in it.

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