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A well-liked Solana (SOL)-based memecoin is hovering as retail buying and selling big Robinhood provides the digital asset to its European platform.
Robinhood introduced Friday that it was itemizing dogwifhat (WIF) for European Union (EU) clients to commerce.
Says Robinhood,
“WIF is now reside for buying and selling on Robinhood Crypto in choose EU jurisdictions!”
The dog-theme memecoin has recorded a virtually 70% acquire in two days, rising from a low of $0.573 on February twenty eighth and buying and selling for $0.972 at time of writing.
Amid the Robinhood information, WIF soared to an all-time excessive of $1.05 on Friday earlier than retracing barely.
Some crypto analysts are suggesting WIF, which launched in November, can proceed its transfer to the upside.
Pseudonymous analyst Bluntz not too long ago stated he believes WIF shall be a top-performing digital asset within the present crypto cycle, suggesting it’ll hit the $3 degree.
“WIF shall be my kingmaker commerce for this cycle.”
Up to now seven days, WIF, which is impressed by a viral picture of a Shiba Inu canine carrying a hat, has elevated by greater than 228%. By market cap, WIF is ranked 106th in comparison with different digital property.
Different dog-themed memecoins have additionally put up massive current beneficial properties prior to now week.
Dogecoin (DOGE) is buying and selling at $0.128 at time of writing, up greater than 52% prior to now seven days.
In the meantime, Shiba Inu (SHIB) is buying and selling for $0.00001428 at time of writing, up greater than 50% prior to now week.
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Generated Picture: Midjourney
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