Cryptocurrency Shiba Inu soars to record high even after Elon Musk tweet

The growing clamor for Robinhood Markets Inc. 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 petition on Change.org 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 Chief Executive Officer Vlad Tenev said it’s “carefully” considering adding new coins to its offerings.