The popular meme cryptocurrency Dogwifhat (WIF) will soon be able to trade on the large US centralized trading platform Robinhood. This was hinted at by bit mark in a publication on the social network X.
The popular meme cryptocurrency Dogwifhat (WIF) will soon be able to trade on the large US centralized trading platform Robinhood. This was hinted at by bit mark in a publication on the social network X.
Thus, the European exchange, which will soon be under the Robinhood umbrella following the latter’s acquisition announcement earlier this month, responded to questions about the price and availability of WIF on Robinhood US, suggesting that the current price of $2.06 is just the beginning, with a listing imminent. implied.
Gamza Khanzadaev
Robinhood’s decision to purchase Bitstamp, a big player in the European crypto exchange scene with over 50 licenses worldwide, puts it in a great position to expand its offerings, including Dogwifhat.
Without Coinbase, no problem
For Dogwifhat, a possible listing on Robinhood US would be a big deal, along with its listing on Binance earlier this year. Despite its incredible growth since November 2023, when it started as a fun tribute to an iconic dog in a hat, WIF has yet to get listed on major US platforms outside of Kraken.
Many expected it to debut on Coinbase, the largest cryptocurrency exchange in the US, but that has not happened yet.
Since its inception, Dogwifhat has gone from nothing to a valuation of $4.88 per token, with a market capitalization of $13 billion and trading volume of $365 million. These numbers show how popular it is becoming, even though it started as a meme.
Alex DovbnyaWith Robinhood’s planned acquisition of Bitstamp and rumors that WIF is listed, industry observers are preparing for future developments that could shape Dogwifhat’s future in the cryptocurrency market.
