Dogwifhat’s WIF jumps 7% following listing on Robinhood Crypto

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Robinhood Crypto Europe has quietly added help for dogwifhat (WIF) after the token gained practically 200% in only one week.

Customers of Robinhood‘s European crypto platform can commerce with the newly-added memecoin, dogwifhat (WIF), a Solana-based token, which gained recognition alongside Bonk (BONK) and different tokens throughout a wave of curiosity in meme cash on the community in December 2023.

Dogwifhat's WIF jumps 7% following listing on Robinhood Crypto - 1
Dogwifhat mentioning on Robinhood Crypto | Supply: Robinhood

Whereas Robinhood didn’t difficulty a proper announcement relating to WIF, the token now appears on the listing of supported belongings for buying and selling on Robinhood Crypto Europe. Amid the transfer, the worth of WIF soared by practically 7%, reaching $0.85, in keeping with information from CoinMarketCap.

Dogwifhat's WIF jumps 7% following listing on Robinhood Crypto - 2
WIF value in USD | Supply: CoinMarketCap

Since its launch in December 2023, the memecoin, that includes a picture of a developer’s canine donning a knitted hat, has witnessed a unprecedented surge of over 50,000% in worth. The frenzy surrounding WIF has attracted the eye of crypto change Binance, prompting the platform to launch futures buying and selling for WIF with leverage of as much as 50x.

Robinhood expanded its crypto providers to the European Union in early December 2023, marking a continuation of the digital brokerage’s international growth past the U.S. market. Johann Kerbrat, basic supervisor of crypto at Robinhood Crypto, indicated that the choice to enter the European market displays the area’s dedication to creating “one of many world’s most complete insurance policies for crypto asset regulation.”

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