• Robinhood lists Dogwifat (WIF), increasing its meme coin providing and market attain.
• Dogwifhat's value elevated by 7.73% and stabilized round $3.35 after going public.
• Robinhood goals to capitalize on the meme coin pattern, which at present contains customers in Europe.

Robinhood Crypto has added Solana-based meme coin Dogwifhat (WIF) to its buying and selling platform, increasing its vary of well-liked dog-themed tokens.

This itemizing follows Robinhood's latest addition of one other meme coin, Pepe, in early November, and marks a pattern of accelerating meme coin choices on the platform.

Dogwifat value soars

Following the itemizing announcement, Dogwifat's value briefly rose, rising 7.73% to $3.57, earlier than stabilizing round $3.351.

This itemizing expands WIF's circulation past the Solana ecosystem and establishes it as a powerful competitor within the rising meme coin market.

With a market capitalization of $3.3 billion, Dogwifhat at present ranks because the fifth largest meme coin, behind main cash comparable to Dogecoin, Shiba Inu, PEPE, and Bonk.

Impressed by Dogecoin (DOGE), Dogwifhat positions itself as an off-the-cuff and progressive various.

Since its launch greater than a 12 months in the past, Dogwifhat has gained consideration within the meme coin house, boosted by a crowdfunding marketing campaign that raised $650,000 in hours to advertise the token within the Las Vegas sphere. Its rise is a part of a broader pattern within the crypto market, with meme cash comparable to PEPE, DOGE, and SHIB persevering with to draw massive buying and selling volumes.

Robinhood expands cryptocurrency providers

Robinhood's choice to record Dogwifat is a part of its technique to develop its cryptocurrency choices and faucet into the burgeoning meme coin market. The buying and selling platform beforehand scaled again its cryptocurrency providing amid regulatory uncertainty, however is now making a daring return to the market.

WIF’s itemizing additionally marks a step towards broader international accessibility for Robinhood by making the token accessible to customers in Europe.

As meme cash proceed to fascinate crypto merchants, Robinhood's expanded choices show the corporate's dedication to remaining aggressive in a quickly evolving market.

Rumors are circulating a couple of potential BONK itemizing, and it’s clear that Robinhood is establishing itself as a serious participant within the meme coin house.