A social media post by Bitstamp hints that the meme cryptocurrency Dogwifhat (WIF) might soon be available on Robinhood, a prominent centralized trading site in the United States.
Bitstamp, which will soon be a part of Robinhood after the latter announced its plans to buy it, answered questions about WIF’s price and availability on Robinhood US. They said that the current price of $2.06 might be the start, indicating that the stock will soon be listed.
Robinhood bought Bitstamp, an established company in the European cryptocurrency trading market with more than 50 licenses around the world. This gives it an excellent opportunity to add more services, maybe even Dogwifhat.
Dogwifhat’s Path To Prominence
For Dogwifhat, getting listed on Robinhood US would be significant since it was already listed on Binance earlier this year. Even though it has grown quickly since November 2023, when it started out as a fun tribute to a famous dog in a hat, WIF still does not have listings on any substantial U.S. platforms other than Kraken. Initial hopes for a launch on Coinbase, the most prominent cryptocurrency market in the U.S., have not come true.
Dogwifhat has gone from being almost unknown to being worth $4.88 per token, with a market value of $13 billion and $365 million worth of trades. These numbers show that, despite being a meme, it’s becoming more and more popular.
With Robinhood about to buy Bitstamp and stories going around about WIF possibly being listed, people in the cryptocurrency market are waiting for more events that could change Dogwifhat’s path in the market.
