The favored meme cryptocurrency Dogwifhat (WIF) could quickly be listed on the big U.S. centralized buying and selling platform Robinhood. This was hinted at by Bitstamp in a submit on social community X.
Thus, the European alternate, which can quickly be underneath Robinhood’s umbrella following the latter’s acquisition announcement earlier this month, responded to questions on WIF’s worth and availability on Robinhood US, suggesting that the present worth of $2.06 is only the start, with an imminent itemizing hinted at.
Robinhood’s transfer to purchase Bitstamp, a giant participant on the European crypto alternate scene with over 50 licenses worldwide, places it in an amazing place to increase its choices, together with Dogwifhat.
No Coinbase, No downside
For Dogwifhat, a possible itemizing on Robinhood US could be a giant deal, together with its inclusion on Binance earlier this yr. Regardless of its unbelievable progress since November 2023, when it first began as a enjoyable tribute to an iconic canine in a hat, WIF nonetheless has not secured listings on main U.S. platforms exterior of Kraken.
Many had been anticipating it to debut on Coinbase, the biggest U.S. crypto alternate, however that has not occurred but.
Because it first began, Dogwifhat has gone from nothing to a valuation of $4.88 per token, with a market capitalization of $13 billion and a buying and selling quantity of $365 million. These numbers present how fashionable it’s turning into, despite the fact that it began out as a meme.
With Robinhood’s deliberate acquisition of Bitstamp and rumors of WIF being listed, business watchers are bracing themselves for additional developments that would form Dogwifhat’s future on the crypto market.