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Dogwifhat Hits Robinhood Listing: WIF Price to Explode Past $1?

The post Dogwifhat Hits Robinhood Listing: WIF Price to Explode Past $1? appeared first on Coinpedia Fintech News

Today, all eyes are on Dogwifhat (WIF), the meme coin based on Solana. Excitement is building as it gets ready to make its mark on the popular trading platform, Robinhood. This move not only highlights the growing popularity of meme coins but also emphasizes the impact of influential figures in the crypto world.

Robinhood, known for its zero-fee trading, is strategically diving deeper into the crypto scene. The recent news of Dogwifhat’s upcoming listing shows Robinhood’s commitment to expanding its cryptocurrency options.

Let’s explore what this means for the wider crypto community.

An Impressive Rise

The surge in Dogwifhat’s popularity is thanks to its strong community and influential supporters. Initially brought to attention by crypto analyst Ansem, the recent backing from Hsaka has pushed the meme coin to new heights.

Hsaka’s revelation of a massive $1 billion+ 24-hour perps volume sets the stage for Dogwifhat’s potential listing on top-tier exchanges, driving its value to a peak of $1.01.

$1b+ 24h perps volume

no tier 1 spot listings yet. (expect this to change soon) https://t.co/5ESQd3bJye

— Hsaka (@HsakaTrades) February 28, 2024 Eyes on the Prize

Investors are optimistic as Dogwifhat aims for a $1 per token target. With a market capitalization still below $1 billion, there’s room for significant gains. Drawing parallels with the success of Dogecoin and Shiba Inu in 2021 and riding the current positive market sentiment, Dogwifhat is poised as a potential player in the upcoming crypto bull run over the next two years.

As Dogwifhat charts its course, regulatory hurdles and potential listings on major exchanges like Binance and Coinbase add complexity to its journey.

The crypto community is closely watching how these factors will influence the coin’s path in the unpredictable world of cryptocurrencies.

Read More: Memecoin Mania Resumes: BONK, DOGE, & SHIB Among the Top Performers for the Day

Introducing Frogwifhat (FWIF)

Amidst the dominance of dog-themed meme coins, a new player inspired by the success of Pepe Coin in 2023 has entered the stage. Meet Frogwifhat (FWIF), launched through Uniswap, quickly reaching a market capitalization of $4 million within hours.

This showcases the enduring appeal of meme coins with unique themes, proving that creativity thrives in the crypto space.