Dogwifhat Officially Traded On Robinhood Crypto Exchange

The Dogwifhat meme token is officially listed on the Robinhood crypto exchange. (Photo; Doc. Ethnews)

JAKARTA Robinhood, a crypto asset trading platform without commissions from the United States, has now included memecoins from the Solana Dogwifhat (WIF) network on its trade list. This is positive news for WIF token investors.

After officially entering the Robinhood platform, the WIF price had jumped sharply before starting the sideway at the level of US$3.32 (Rp52,456). After listing, WIF recorded an increase of 7.73 percent in the last 24 hours. This announcement also allows WIFs to reach a wider user base, including traders in Europe who can now access it.

The addition of Dogwifhat is part of Robinhood's strategy to expand digital asset offerings amid intense crypto exchange competition. As one of the main players in the financial industry, Robinhood is known to own one of the largest Bitcoin wallets in the world with ownership of 118,300 BTC worth US$3 billion (Rp47.4 trillion).

In addition, Robinhood is also one of the five largest Ethereum holders. The addition of WIF tokens is seen as the company's strategy to embrace the coin meme trend that now controls the crypto market with significant trading volume.

Meme coins like Dogecoin (DOGE), Shiba Inu (SHIB), and most recently Dogwifhat continue to attract great interest from investors. This trend shows that despite being light and humorous, coin memes still have great potential advantages and attractions for traders.

The addition of WIF to Robinhood is predicted to increase the volume of coin meme trading in the global market, as well as strengthen the position of this platform as one of the main players in the crypto sector. Dogwifhat is now a digital asset that should be considered among other popular meme coins.