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A preferred Solana (SOL)-based memecoin is hovering as retail buying and selling large 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 dwell 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 just lately stated he believes WIF will likely be a top-performing digital asset within the present crypto cycle, suggesting it is going to hit the $3 stage.
“WIF will likely be my kingmaker commerce for this cycle.”
Prior 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 large latest positive aspects previously week.
Dogecoin (DOGE) is buying and selling at $0.128 at time of writing, up greater than 52% previously seven days.
In the meantime, Shiba Inu (SHIB) is buying and selling for $0.00001428 at time of writing, up greater than 50% previously week.
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Disclaimer: Opinions expressed at The Day by day Hodl usually are not funding recommendation. Buyers ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital property. Please be suggested that your transfers and trades are at your personal danger, and any loses you could incur are your accountability. The Day by day Hodl doesn’t advocate the shopping for or promoting of any cryptocurrencies or digital property, neither is The Day by day Hodl an funding advisor. Please observe that The Day by day Hodl participates in internet online affiliate marketing.
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