The favored meme cryptocurrency Dogwifhat (WIF) could quickly be listed on the massive U.S. centralized buying and selling platform Robinhood. This was hinted at by Bitstamp in a put up on social community X.
Thus, the European change, 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 just the start, with an imminent itemizing hinted at.
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— Bitstamp (@Bitstamp) June 19, 2024
Robinhood’s transfer to purchase Bitstamp, an enormous participant on the European crypto change scene with over 50 licenses worldwide, places it in an excellent place to increase its choices, together with Dogwifhat.
No Coinbase, No downside
For Dogwifhat, a possible itemizing on Robinhood US can be an enormous deal, together with its inclusion on Binance earlier this 12 months. Regardless of its unimaginable 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 outdoors of Kraken.
Many had been anticipating it to debut on Coinbase, the biggest U.S. crypto change, 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 in style it’s changing into, regardless that it began out as a meme.
With Robinhood’s deliberate acquisition of Bitstamp and rumors of WIF being listed, trade watchers are bracing themselves for additional developments that might form Dogwifhat’s future on the crypto market.
