- Robinhood lists Dogwifhat (WIF), increasing memecoin choices and market attain.
- Dojoevat’s value rose 7.73%, settling at roughly $3.35 after the itemizing.
- Robinhood goals to capitalize on the meme foreign money development, which now consists of European customers.
Robinhood Crypto has added the Solana-based meme coin Dogwifhat (WIF) to its buying and selling platform, increasing the scope of the dog-themed token.
this existing Robinhood’s follows Pepe’s latest additionone other meme coin, was launched earlier in November, marking a development of accelerating meme coin choices on the platform.
The worth of the canine goes up
Upon the itemizing announcement, Dogwifhat noticed a short value spike, rising 7.73% to $3.57 earlier than settling at round $3,351.
The itemizing has expanded WIF’s buying and selling attain past the Solana ecosystem, making it a powerful competitor within the rising meme market.
With a market capitalization of $3.3 billion, DogeWait now ranks because the fifth-largest meme coin, trailing heavyweights reminiscent of Dogecoin, Shiba Inu, Pip, and Punk.
Duguivat, from which I used to be impressed Dogecoin (DOGE)positions itself as a light-hearted and progressive various.
Since launching over a yr in the past, Dogwifhat has gained traction within the meme area, fueled by a crowdfunding marketing campaign that raised $650,000 in hours to advertise the token within the Las Vegas Sphere. Its rise is a part of a broader development within the cryptocurrency market, as cryptocurrencies reminiscent of PEPE, DOGE, and SHIB proceed to draw important buying and selling quantity.
Robinhood is increasing its cryptocurrency choices
Robinhood’s choice to checklist Dogwifat is a part of its technique to develop its cryptocurrency choices and capitalize on the booming meme market. The buying and selling platform, which beforehand scaled again its cryptocurrency choices amid regulatory uncertainty, is now making a daring return to the market.
The WIF itemizing additionally represents a step towards broader world accessibility, with Robinhood making the token out there to European customers.
As meme cash proceed to draw cryptocurrency merchants, Robinhood’s expanded choices display its dedication to remaining aggressive within the quickly evolving market.
With rumors spreading about Possible BONK listRobinhood is clearly positioning itself as a serious participant within the meme area.