Dogwifhat (WIF), a popular meme cryptocurrency, is potentially on the brink of being listed on the U.S. centralized trading platform Robinhood. Bitstamp, a European exchange soon to be under Robinhood’s umbrella, hinted at this possibility in a recent social media post. This news comes after Robinhood’s announcement of acquiring Bitstamp earlier this month, positioning the platform to expand its offerings.
The current price of Dogwifhat stands at $2.06, but Bitstamp suggested that this is just the beginning, hinting at an imminent listing on Robinhood US. This move could be a significant milestone for Dogwifhat, following its inclusion on Binance earlier this year. Despite its impressive growth since its inception as a fun tribute to an iconic dog in a hat, WIF has yet to secure listings on major U.S. platforms outside of Kraken.
Many in the industry were anticipating Dogwifhat’s debut on Coinbase, the largest U.S. crypto exchange, but that has not materialized. Nonetheless, the cryptocurrency has seen substantial growth, with its valuation reaching $4.88 per token, a market capitalization of $13 billion, and a trading volume of $365 million. These numbers underscore the increasing popularity of Dogwifhat, originating from humble roots as a meme.
The potential listing on Robinhood US, combined with Bitstamp’s acquisition, has industry watchers eagerly anticipating further developments that could shape Dogwifhat’s future in the crypto market. With Robinhood’s robust presence and Bitstamp’s extensive network of licenses, Dogwifhat could gain significant exposure and accessibility to a wider audience of investors.
As Dogwifhat continues to gain traction and recognition in the crypto space, its inclusion on a major platform like Robinhood could propel it to new heights. The prospect of reaching a broader investor base and expanding its market presence is an exciting opportunity for Dogwifhat and its community. The upcoming listing on Robinhood US, if confirmed, could mark a significant milestone in the journey of this meme cryptocurrency.