By Samuel Indyk

Investing.com – was up another 25% on Wednesday morning after executives from the popular US trading platform Robinhood (NASDAQ:) hinted that the coin might be added to the platform in the near future.

Speaking on the company’s conference call following its earnings on Tuesday, Robinhood Chief Executive Officer Vlad Tenev said the company was “carefully” considering adding additional coins to those currently offered. It is possible that Shiba inu will be the next platform member. 

Shiba Inu now has 11^ThCoinbase (NASDAQ): The largest coin in terms of market capital is listed already on Coinbase. It has a market capitalization of more than $20 billion.

Petition for an addition

Tenev made the comments as Robinhood’s petition for inclusion of the coin has received over 330,000 signatures. The petition, titled ‘Kindly request of Robinhood to list Shiba Inu coin!’, was created over 5 months ago but has risen in popularity in recent weeks as the price of Shiba Inu has rocketed.

This month, almost 650% has been gained by the coin.

It wouldn’t be surprising to see Robinhood list the coin, given the revenue generated from when similar price action was observed in the original dog-based coin at the start of the year.

Robinhood stated that cryptocurrency accounted for more than 50% of the company’s transaction-based revenues in its second quarter in August. Dogecoin contributed 62% to that cryptocurrency revenue.