tl;dr
A Dogecoin rival, dogwifhat (WIF), surged in value after being listed on Robinhood's platform. Robinhood announced WIF's availability for trading on Monday, leading to a price increase from $3.06 to $3.62, settling at $3.24 at the time of writing. WIF, a Solana-based memecoin with a market cap of $3...
Robinhood has added dogwifhat (WIF) to its platform, resulting in a surge in the memecoin's value. WIF, a Solana-based memecoin, saw a 4.7% increase in value after being listed on Robinhood. With a market cap of $3.2 billion, WIF, featuring a Shiba Inu dog with a pink knitted hat, is the 49th largest crypto project. Robinhood has expanded its crypto offerings, including WIF, Solana, Cardano, Pepe, and XRP, to meet customer demand.
A Dogecoin rival, dogwifhat (WIF), soared in value after being listed on Robinhood's platform. Robinhood's announcement of WIF's availability for trading led to a price increase from $3.06 to $3.62, settling at $3.24. WIF, a Solana-based memecoin with a market cap of $3.2 billion, is the 49th largest crypto project, featuring a Shiba Inu dog wearing a pink knitted hat. Robinhood has been expanding its crypto offerings, including WIF, Solana, Cardano, Pepe, and XRP, to provide more access to digital assets for its customers.
Robinhood's vice president of crypto, Johann Kerbrat, emphasized the company's commitment to lowering barriers to entry in the traditional financial system through crypto expansion. The addition of dogwifhat (WIF) to Robinhood's platform is part of the company's efforts to satisfy customer demand for a broader range of digital assets. Said Johann Kerbrat, "We’ve consistently heard from our customers that they want access to more digital assets, and we’re excited to continue expanding our crypto offering."