The popular meme cryptocurrency Dogwifhat (WIF) may soon be listed on the large U.S. centralized trading platform Robinhood. This was hinted at by Bitstamp in a post on social network X.
Thus, the European exchange, which will soon be under Robinhood’s umbrella following the latter’s acquisition announcement earlier this month, responded to questions about WIF’s price and availability on Robinhood US, suggesting that the current price of $2.06 is just the beginning, with an imminent listing hinted at.
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— Bitstamp (@Bitstamp) June 19, 2024
Robinhood’s move to buy Bitstamp, a big player on the European crypto exchange scene with over 50 licenses worldwide, puts it in a great position to expand its offerings, including Dogwifhat.
No Coinbase, No problem
For Dogwifhat, a potential listing on Robinhood US would be a big deal, along with its inclusion on Binance earlier this year. Despite its incredible growth since November 2023, when it first started as a fun tribute to an iconic dog in a hat, WIF still has not secured listings on major U.S. platforms outside of Kraken.
Many were expecting it to debut on Coinbase, the largest U.S. crypto exchange, but that has not happened yet.
Since it first started, Dogwifhat has gone from nothing to a valuation of $4.88 per token, with a market capitalization of $13 billion and a trading volume of $365 million. These numbers show how popular it is becoming, even though it started out as a meme.
With Robinhood’s planned acquisition of Bitstamp and rumors of WIF being listed, industry watchers are bracing themselves for further developments that could shape Dogwifhat’s future on the crypto market.
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