Summary
TLDR: Robinhood adds Dogwifhat (WIF) to its trading offerings in Europe after token’s value surges nearly 200%. WIF price jumps 18% following listing, setting new all-time high. Interest in WIF grows, with significant transaction raising speculation about possible insider knowledge. Robinhood expands crypto services in EU to grow global footprint.
Key Points
1. Robinhood has expanded its trading offerings in Europe to include Dogwifhat (WIF), a meme coin based on Solana (SOL), after the token’s value surged nearly 200% within a week.
2. The inclusion of WIF on Robinhood marks a significant moment for the token, which gained prominence alongside other meme coins like Bonk (BONK) during the Solana network’s meme coin surge in December 2023.
3. Robinhood’s decision to incorporate WIF into its trading platform led to an 18% price jump for the token, setting a new all-time high. The token is now approaching a significant resistance level at $1.02, where traders may consider taking profits after notable gains.