New Meme Coin Joins the Ranks
Robinhood has surprised the crypto community by adding the Solana-based Dogwifhat (WIF) meme coin to its platform. WIF joins the ranks of Dogecoin and Shiba Inu as one of the few meme coins supported by Robinhood.
WIF: The Newest Shiba Inu-Themed Coin
Launched in December 2023, WIF is a meme coin featuring a Shiba Inu dog wearing a hat. It operates on the Solana network.
Robinhood’s Crypto Expansion
The addition of WIF is part of Robinhood’s strategy to diversify its cryptocurrency portfolio and cater to a wider audience. It also expands the platform’s reach to new traders and investors.
WIF Trading on Robinhood
WIF is now available to buy, sell, and hold on Robinhood. Users can trade it at a low cost and earn Bitcoin on their trades.
WIF’s Price Surge
WIF has experienced a massive price surge in recent weeks, rising over 317% in the past month. It is currently trading at around $0.91, with a market capitalization of over $934 million.
CEO’s Excitement
BitMEX CEO Arthur Hayes has expressed excitement over WIF’s price surge, highlighting its potential for continued growth.